The Latest Breaking News from US Federal Reserve

Strong prices for commodities including iron ore and oil push heavyweight Australian mining and energy stocks higher, keeping the benchmark index in the positive territory and offsetting losses by Westpac.

Morningstar Research (Thailand) projects US inflation to drop sharply in the first half of next year, saying the Federal Reserve is doing more than is required to bring inflation back to 2%.

Most Americans think the U.S. is in a recession right now.

With the Fed approving the fourth consecutive 75-bps interest rate hike earlier this week and slower but surer hikes to follow, the market has begun testing its depth and investors’ patience yet again. However, this provides opportunities to load up on fundamentally sound stocks Johnson & Johnson (JNJ), PepsiCo (PEP),…

The Fed announced its fourth consecutive 75-bps rate hike this week. However, the Fed's aggression is expected to shrink eventually. Amid rampant market volatility, investor sentiment toward dividend stocks is robust. Therefore, fundamentally sound stocks Pfizer (PFE) and Caledonia Mining (CMCL) could be solid picks for a steady income stream.…

Strong job growth in September and revisions to July and August indicate the labor market’s weakness was overstated.

In a poll conducted on Oct.

Tiny cracks are beginning to emerge in the US labor market’s resilience to higher interest rates and surging prices, but plenty of strength remains to keep Federal Reserve officials focused on stamping out inflation.

The Fed is expected to continue raising interest rates until inflation reaches its target level. However, as a sign of relief for the market, the labor market seems to be cooling. Given the continued market volatility, fundamentally strong dividend-paying stocks Johnson & Johnson (JNJ) and Comcast Corporation (CMCSA) could be…