The Latest Breaking News from US Federal Reserve

The Federal Reserve is slow-walking rate cuts to restrain surging AI stocks and the S&P 500, fearing that irrational exuberance may derail a soft landing,

The Federal Reserve is expected to start cutting interest rates this year, but concerns over higher deposit costs, slower loan growth, higher funding costs, declining asset quality, and the potential of default on CRE loans continue to cloud the U.S. banking sector’s outlook. Therefore, let’s analyze whether one should buy,…

March S&P 500 E-Mini futures (ESH24) are trending down -0.03% this morning as market participants braced for U.S. factory activity data while also awaiting remarks from Fed officials.

Reasons for optimism: The worst of inflation appears to be behind us, the Fed could start cutting rates, and it seems we’ll avoid a hard landing or recession.

Asian markets were largely higher on Friday following Wall Street gains driven by tech rallies and key US inflation data that met investors' expectations.

European consumer rights groups have accused Meta of carrying out an “illegal” operation of collecting data from users in the region.

The S&P 500 Index ($SPX ) (SPY ) on Thursday closed up +0.52%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.12%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.95%. Stock indexes on Thursday posted moderate gains on signs that inflation pressures are...

While the main indexes were choppy Thursday, tech stocks Snowflake and Okta made major moves.

The dollar index (DXY00 ) on Thursday rose by +0.16%. On Thursday, the dollar recovered from early losses and moved higher as hawkish comments from San Francisco Fed President Daly and Atlanta Fed President Bostic pushed back the chances of Fed rate cuts until later this year. The dollar initially...

Signs of softness in the labor market should be supportive of rate cuts.

Federal Reserve set to proceed with rate cut in June to support economic growth amidst uncertainties.