The Latest Breaking News from US Federal Reserve

Coupled with the recent banking collapses, the Fed’s hawkish stance to curb inflationary pressures have stoked recessionary fears among market experts. Consequently, market volatility is expected to continue for a while. Against this backdrop, stocks with bleak prospects, Norwegian Cruise Line Holdings (NCLH), First Majestic Silver (AG), and Nano Dimension…

He thinks that the U.S. money supply and government-led infrastructure spending will keep the economy robust.

A congressional hearing on Silicon Valley Bank’s failure will begin on Tuesday.

Global economic growth was expected to slow this year, but this month's banking crises have raised the risk of even bigger problems.

Federal Reserve Chair Jerome H. Powell is set to visit Capitol Hill and will attend the Republican Study Committee's weekly lunch.

By taking every crisis suffered by others seriously, we can minimize our own crises

The turmoil in the banking sector might prompt the Fed to pivot from its hawkish policy, which should benefit growth stocks. As the central bank may be nearing the end of its rate-hiking cycle, fundamentally strong growth stocks Visa (V), Adobe (ADBE), and Sociedad Química (SQM) might be ideal buys.…

June S&P 500 futures (ESM23) are up +0.34%, and June Nasdaq 100 E-Mini futures (NQM23) are up +0.15% this morning as market participants welcomed the news that First Citizens BancShares had agreed to acquire Silicon Valley Bank’s deposits and loans.

NEW YORK: First Citizens BancShares Inc agreed to buy Silicon Valley Bank which was seized by regulators following a run on the lender.

The U.S. central bank remains unphased by the recent upheaval in the banking sector as it continues to battle inflation by tightening credit. The Fed allowed inflationary pressure to mount in 2021, waiting too long to boost interest rates, pushing inflation to the highest level in four decades. In 2023,…

Fed weeks always make for a good time with trading, and last week was no different. While the Fed Funds rate did not really move the market as it hit where it was expected with a 25 basis point increase.