The Latest Breaking News from US Federal Reserve

Federal Reserve officials have signaled plans to raise their benchmark interest rate by 0.5 percentage point at their meeting next week, but elevated wage pressures could lead them to continue lifting it to higher levels than investors currently expect.

Apparel company Gap (GPS) has recently witnessed a rally. However, with persistent macroeconomic uncertainties surrounding interest rate hikes, let’s examine whether the stock has what it takes to deliver sustainable returns….

Stocks are mostly lower in Asia after Wall Street pulled back as surprisingly strong economic reports highlighted the difficulty of the Federal Reserve’s fight against inflation

With slower but surer interest rate hikes expected to put further pressure on the compressed margins of most companies and enhance the odds of an economic slowdown, the market is unlikely to stabilize anytime soon. Hence, it could be wise to load up on steady stocks, Microsoft (MSFT) and Eli…

With steady growth in employment during November, slower but surer interest rate hikes by the Fed to fight inflation threaten to keep markets subdued and the economy sluggish next year. Therefore, it could be wise to load up on shares of businesses with robust demand and a stable growth trajectory,…

The growing demand for software solutions to facilitate hybrid working and consistent digitization should drive the software industry’s growth. Given the industry’s promising growth prospects, it could be wise to add fundamentally sound software stocks Oracle (ORCL), Open Text (OTEX), and Progress Software (PRGS) to your portfolio before they rebound…

Despite the Fed’s hawkish stance, the U.S. economy grew in the fiscal third quarter of 2022, along with a resilient labor market. Moreover, an expected slowdown in future rate hikes has raised investors’ sentiment. Therefore, fundamentally sound stocks Coca-Cola Company (KO), Hershey Company (HSY), and Mosaic Company (MOS) could be…

The Fed’s aggressive monetary policy stance has created widespread recession possibilities for next year. However, stable consumer spending and a hot labor market shows signs of a resilient economy. Amid this scenario, Wall Street favorites Microsoft (MSFT), and Merck & Co. (MRK) could be worth buying, considering their fundamental strength.…

Easing inflation and the Fed’s indication of slowing the pace of interest rate hikes are raising investors’ sentiments. Moreover, the November job report came in better than expected. While uncertainties remain, we think quality stocks Pfizer (PFE), AstraZeneca PLC (AZN), Carrier Global (CARR), J. Jill (JILL), and Lifeway Foods (LWAY)…