The Latest Breaking News from US Federal Reserve

Recession possibilities persist as the Fed continues to fight the stubbornly high inflation. Given the uncertainties, investors could consider adding extremely safe stocks Johnson & Johnson (JNJ), The Descartes Systems (DSGX), and Weis Markets (WMK) to their portfolios this year. Keep reading.

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When Federal Reserve Chair Jerome Powell last appeared before Congress, in June 2022, inflation had reached a four-decade high of nearly 9% and showed no sign of easing

U.S. banks are being forced to do something they haven’t done for 15 years: fight for deposits.

The Fed has affirmed its commitment to keep interest rates elevated. With an end to interest rate hikes not in sight, the major market indexes are expected to face further volatility in the upcoming months. Therefore, it could be wise to buy fundamentally strong stocks, The Coca-Cola Company (KO), Centene…

Soaring anxieties over an impending recession on the backs of interest rate hikes by the Fed are not likely to ease anytime soon. Amid such volatilities, beginners with little money might add quality stocks Verizon Communications (VZ), Celestica (CLS), and Berry Corp. (BRY) to their portfolio now. Read on….

Dashed Investor optimism by the decreasing likelihood of a Fed pivot has created significant market volatility. However, amid anticipations of easing inflation, the possibility of the market bouncing back still stands. Against this backdrop, growth stocks Box, Inc. (BOX) and Extreme Networks (EXTR) might be wise portfolio additions to double…

Shares are mostly higher in Asia after strong data on the U.S. economy sent Wall Street to its best close in six weeks

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