The Latest Breaking News from US Federal Reserve

New data shows consumer spending and inflation heated up in January.

Can the Federal Reserve keep raising interest rates and defeat the nation’s worst bout of inflation in 40 years without causing a recession

While rising inflation and the Fed’s rate hikes are expected to keep the stock market volatile in the near term, large-cap stocks could help survive. Therefore, fundamentally sound large-cap stocks, Coca-Cola (KO) and AstraZeneca (AZN), which are currently trading under $100, might be solid additions to your portfolio. Keep reading.

Although inflation reduced significantly from its peak, it remains far off the Fed’s target. The sequential increase in inflation and hotter-than-expected jobs report last month could compel policymakers to raise interest rates higher than previously expected until it achieves its 2% inflation target. Since it may not be easy for…

Aggressive rate hikes have pressured growth stocks since last year. However, growth stocks could prove to be promising investments this year in the hopes of the Fed pulling off a “soft landing.” Therefore, it could be wise for investors to buy fundamentally strong growth stocks Salesforce, Inc. (CRM), McKesson Corp.…

The Federal Reserve’s preferred inflation gauge ticked higher in January, a sign that price pressures remain entrenched in the U.S. economy and could lead the Fed to keep raising interest rates well into this year

Millions of workers are still missing from the U.S. labor force three years after COVID-19 surfaced, and economists are scratching their heads as to how big the gap actually is and where all these people went.

Sticky inflation, robust spending, and resilient job growth have dwindled the likelihood of a Fed pivot and rekindled recessionary concerns. Amid rising market volatilities, quality stocks Pfizer (PFE), Hershey (HSY), and Bluegreen Vacations Holding (BVH) might be wise portfolio additions to hold on to for the next decade. Read on….

The stock market might remain volatile in the near term amid the still-alarmingly high inflation and the anticipated continuation of rate hikes. Therefore, fundamentally strong Eli Lilly (LLY), Novartis (NVS), Comcast (CMCSA), HCA Healthcare (HCA), and Myers Industries (MYE), which pay steady dividends, might be safe buys now. Read more.

Shares in Asia are mixed after Wall Street broke its longest losing streak since December with a modest rally led by tech stocks

“Bear markets have historically resulted in leadership change, which suggests old economy sectors are likely the winners of this cycle,” Bank of America equity strategist Savita Subramanian wrote Wednesday.