The Latest Breaking News from US Federal Reserve

The dollar index (DXY00 ) on Thursday rose by +0.33% due to hawkish global central banks and a +7.4 bp rise in the 10-year T-note yield to 3.793%. The dollar also saw support from U.S. economic reports that were mildly stronger than expected overall. EUR/USD (^EURUSD ) fell by -0.27%,...

Two of the three major benchmarks notched gains Thursday despite hawkish commentary at home and rate hikes abroad.

Given the inflationary environment, the Fed’s committed efforts in bringing inflation down to its 2% target will likely keep the market volatile in the near term. Despite market fluctuations, fundamentally sound American Airlines Group (AAL), Air Canada (ACDVF), and Accel Entertainment (ACEL) have exhibited strong momentum. Owing to their solid…

The head of Starwood Capital Group said it all comes down to the labor market. “People are employed and when people are employed, they spend money.”

While inflation exhibits signs of cooling, it still exceeds the Fed’s 2% goal. Given the possibility of additional rate hikes and an economic slowdown, it could be wise to seek refuge in relatively stable stocks to help weather the economic uncertainty. So, let’s find out if Ingredion (INGR), PC Connection…

Despite high inflation, the economy grew faster than initially estimated in the first three months of 2023. Although recession fears still linger, investors could buy fundamentally solid growth stocks Ziff Davis (ZD), Xerox Holdings (XRX), and Yext (YEXT). Keep reading.

The average long-term U.S. mortgage rate fell for the third time in as many weeks, a welcome boost for homebuyers facing a housing market that’s been held back this year by a tight inventory of homes for sale

Chair Jerome Powell reiterated that the Federal Reserve will likely raise interest rates at least once more this year because of persistently high inflation in the economy’s service sector and the surprisingly tight job market

The Fed’s multiple rate hikes to curb the stubbornly high inflation have triggered a fresh bout of anxiety among investors. However, with a slowdown in inflation and a rate hike pause for this month, Loews Corporation (L), Liberty Energy (LBRT), and Key Tronic (KTCC), which have gained momentum, could be…

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.16%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.16%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.65%. U.S. stocks have overcome early losses and are trading...

Morning Markets September E-Mini S&P 500 futures (ESU2 3) this morning are down -0.22%, and Sep Nasdaq 100 E-Mini futures (NQU2 3) are down -0.24%. U.S. stock index futures are trading lower after the Bank of England today surprised the markets with a +50 bp rate hike to 5.00% to...