The Latest Breaking News from US Federal Reserve

The Fed has indicated a 75 basis-point interest rate hike in its next meeting, increasing the odds of the economy tipping into a recession in the next 12 months. Given the deteriorating market sentiments, it could be wise to avoid beaten-down stocks The Walt Disney (DIS), Teladoc Health (TDOC), and…

The US is leading calls to trade first with countries it knows and trusts. NZ must grasp opportunities to be part of such international supply chain resilience initiatives.

With the recent interest rate hikes and rumblings about inflation, you’ve probably been hearing a lot about The Federal Reserve — and all the jargon that comes with it.

The U.S. Federal Reserve raised its target Fed funds rate by 0.75% in June, its first interest rate hike of that size since 1994. With this month's Federal Open Market Committee meeting just around the corner, investors are still debating whether the Fed will opt for another 0.75% rate hike…

The stock market has been under pressure due to economic factors like inflation and the Fed trying to tame it with monetary policy tightening. However, the stock market indices are bouncing back on the backs of strong corporate earnings. Hence, we think fundamentally solid stocks Procter & Gamble (PG), Mitek…

U.S. President Joe Biden approval rating is at 36% this week, down three percentage points from July 12, Reuters said. The two day Reuters/Ipsos opinion poll was completed Tuesday. Here's how the results break down. 

Italy's political turmoil is making life harder for the European Central Bank as it hikes interest rates and raising bad memories of the eurozone debt crisis a decade ago

Australian shares are heading for their best day in weeks, with resources stocks jumping on worries over a supply crunch and banks advancing on expectations higher interest rates will boost profits.

The multi-decade high inflation and the Fed’s aggressive policy stance are raising recession odds. The IMF has recently slashed its U.S. growth projections. Given the risk-off environment, the otherwise boring stocks, UnitedHealth Group (UNH) and Bassett Furniture Industries (BSET), and REIT Alliance Global Group (ALGGY) could help cushion your portfolio…

The Fed could hike rates by a full point in July, with inflation running its fastest annual rate since November 1981. However, despite rising prices and looming recession fears, demand for basic materials looks robust. With the Biden administration focusing investments on infrastructure projects, basic materials stocks BHP Group (BHP)…

The stock market has been under immense pressure on rising concerns over multi-decade high inflation, the Fed’s aggressive interest rate hikes, and increasing odds of a recession. Amid the current market downturn, it could be wise to invest in fundamentally sound stocks Enterprise Products (EPD), Broadcom (AVGO), and Yelp (YELP).…