The Latest Breaking News from US Federal Reserve

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Wednesday closed up +0.45%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.09%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.11%. Stock indexes Wednesday settled mixed, with the S&P 500...

Inflation remains “stubbornly high” and is no longer making much progress toward the Federal Reserve’s 2% target, a top Fed official said Wednesday, hours after price data for April were released

Stocks wavered after the April CPI report supported the case for the Fed to stop raising rates – but not cut them.

The dollar index (DXY00 ) on Wednesday fell by -0.14%. The dollar on Wednesday fell moderately as the weaker-than-expected U.S. Apr CPI report knocked T-note yields lower and fueled speculation the Fed may be done with its rate-hike campaign. Also, strength in EUR/USD weighed on the dollar as the euro...

Despite a turbulent macroeconomic landscape, the dynamics of the technology sector keep it well poised to rake in long-term gains. Therefore, investors could look to invest in fundamentally strong tech stocks Information Services Group (III) and RADCOM (RDCM). Keep reading.

A lower-than-expected CPI report helps the case for the Fed to pause in its campaign of rate hikes.

Amid fears of recession soaring, investors are loading up defensive stocks to safeguard their portfolios. Gold, often touted as a ‘safe-haven’ asset during uncertain times, could be a wise choice now, and hence, fundamentally strong gold stocks Gold Fields (GFI), Alamos Gold (AGI), and DRDGOLD (DRD) could be solid portfolio…

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.23%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.23%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.99%. U.S. stocks this morning are mixed, with the S&P...

WASHINGTON: US inflation showed signs of moderating in April, giving the Federal Reserve room to pause interest-rate increases soon.

WASHINGTON: Consumer inflation in the United States nudged down only slightly in April, the Labor Department said on Wednesday, despite strong efforts to cool the economy and rein in price increases.

Gold is usually seen as a safe-haven asset during troubled times. With rising concerns of a recession later this year, it could be wise to buy gold mining stocks B2Gold (BTG), Centamin (CELTF), and Dundee Precious Metals (DPMLF) to protect one’s portfolio against economic uncertainty and market volatility. Read more….