The Latest Breaking News from the Federal Reserve

December S&P 500 futures (ESZ23) are down -0.01%, and December Nasdaq 100 E-Mini futures (NQZ23) are up +0.04% this morning as market participants looked ahead to the release of the minutes of the Federal Reserve’s latest policy meeting as well as earnings from semiconductor stalwart Nvidia later in the week.

December S&P 500 futures (ESZ23) are up +0.05%, and December Nasdaq 100 E-Mini futures (NQZ23) are up +0.07% this morning as market participants looked ahead to the release of the minutes of the Federal Reserve’s latest policy meeting as well as earnings from semiconductor stalwart Nvidia later in the week.

Caitlin Long notes that Custodia Bank, a non-loan-making institution, has been encountering regulatory challenges for a while

But many economists say a key reason why so many Americans hold a gloomy view of the economy is that prices — on items that they buy regularly — remain much higher than they were three years ago.

A softer-than-expected CPI report could mean the Fed is done raising interest rates this cycle.

Asian shares are trading mostly higher ahead of potentially market-moving developments, including a U.S.-China summit and data releases in the U.S., Japan and China

Inflation in the United States likely remained high last month, a trend that if sustained could raise concerns at the Federal Reserve, which is considering whether to raise interest rates again

The highest-earning Americans have increased their share of wealth over the past three decades, while the middle class has been losing its share.

Shares have edged lower in quiet trading in Asia ahead of a meeting this week between U.S. President Joe Biden and Chinese leader Xi Jinping