The Latest Breaking News from US Federal Reserve

March S&P 500 E-Mini futures (ESH24) are up +0.14%, and March Nasdaq 100 E-Mini futures (NQH24) are up +0.18% this morning as trading resumed after the Christmas holiday, with investors looking ahead to earlier and deeper interest rate cuts from the Federal Reserve next year following a cooler-than-expected U.S. inflation…

Taking a look across the outlooks for next year, there's one word that stands out from Wall Street. "Normal."

The S&P 500 heads into the long holiday weekend less than 1% off its record close.

The dollar index (DXY00 ) on Friday fell by -0.14%. The dollar was undercut by Friday’s decline in the U.S. deflator to a 2-3/4 year low, which supported the market’s view for Fed rate cuts starting in early 2024. On the other hand, the dollar saw underlying support from the...

What you need to know… The S&P 500 Index ($SPX ) (SPY ) this afternoon is up +0.19%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.02%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.23%. Stocks are mixed on several U.S. economic reports...

What you need to know… The S&P 500 Index ($SPX ) (SPY ) this afternoon is down -0.12%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.28%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.11%. Stocks are mildly lower on several U.S. economic...

Today’s decline in the U.S. PCE deflator, the Fed’s preferred inflation measure, supported market expectations for Fed rate cuts in 2024. However, it remains to be seen if the market’s dramatic expectations for 1-1/2 percentage points of rate cuts in 2024 are justified. The markets are expecting a -25 bp...

The famously economically beleaguered millennial generation ran really hard just to stay in place, according to Fed data.

The lumber futures market is highly illiquid, causing extreme periodic volatility. However, lumber is a critical bellwether commodity that sometimes reacts violently to changes in economic conditions. The results of the recent December FOMC meeting could significantly increase lumber prices over the coming weeks and months.