The Latest Breaking News from US Federal Reserve

While the financial sector is limping back to normalcy after the bank failures, the Fed is expected to stay on track to curb inflation through further interest rate hikes this year. Despite the macroeconomic uncertainties, investors could look to buy fundamentally strong stocks Quad/Graphics (QUAD), Startek (SRT), and ARC Document…

A growing wave of weak economic data and recent turmoil in the banking sector deepened worries about the economy tipping into a recession this year. Amid an uncertain macroeconomic backdrop, it could be wise to avoid fundamentally weak stocks Shift4 Payments (FOUR), ChargePoint (CHPT), and WeWork (WE), with 10% or…

June S&P 500 futures (ESM23) are up +0.21%, and June Nasdaq 100 E-Mini futures (NQM23) are up +0.28% this morning as market participants continued to assess the path of Federal Reserve monetary policy following a solid U.S. jobs report while bracing for the start of the earnings season and inflation…

Stocks are mostly higher in Asia after a mixed session on Wall Street

Finance ministers and central bank governors are meeting at the IMF to discuss challenges facing global economy.

Federal Reserve Bank of New York President John Williams rejected the idea that the central bank’s aggressive interest-rate increases precipitated recent financial strains highlighted by recent banking failures.

Goldman’s David Mericle sees “encouraging news about the prospects for achieving the gentle rebalancing of the labor market needed for a soft landing.”

The Fetco Investor Confidence Index (Fetco ICI) in March moved down to the "neutral" zone, according to the Federation of Thai Capital Market Organizations (Fetco).

The dollar index (DXY00 ) on Monday rose by +0.48%. The dollar Monday moved moderately higher on carryover support from last Friday’s stronger-than-expected U.S. March payroll report, which bolstered the outlook for the Fed to keep raising interest rates. Also, a slump in stocks on Monday boosted the liquidity demand...