The Latest Breaking News from US Federal Reserve

The Federal Reserve is moving closer to rapidly shrinking its huge $9 trillion stockpile of bonds in the coming months to fight high inflation, a move that would contribute to higher borrowing costs for consumers and businesses

Marcus Sotiriou, Analyst at the UK based digital asset broker GlobalBlock

The rising interest rate environment benefits banks since higher interest rates boost their interest income. So, given the expected aggressive interest rate increases by the Federal Reserve later this year, Wall Street Analysts expect the stocks of regional banks Signature (SBNY), Western Alliance (WAL), and Customers Bancorp (CUBI) to rally…

The SPDR S&P 500 (NYSE: SPY) gapped down 0.76% on Wednesday, for a total of a 3.14% decline since reaching a high of $462.07 on March 29.

Investors are souring on Dell Technologies Inc (NYSE:D), HP Inc (NYSE:HPQ), and Hewlett Packard Enterprise Co (NYSE:HPE) on concern that surging inflation will curb consumer spending, Bloomberg reports.  The report notes the Federal Reserve's effort to dampen those price increases is likely to crimp the economy in the coming months, further denting sales.  Related: Here's Why Morgan Stanley…

Worries of a looming recession intensified late Thursday last week after the yield on the two-year US Treasury bonds hit 2.337% as the yield on 10-year bonds fell to 2.331%, marking an inversion that usually preceded previous periods recessions.

With technology stocks having priced in the Fed’s hawkish stance they might be heading for a strong rebound in the near term on overwhelming demand for advanced tech products and services. So, we think it could be wise to bet on quality tech stocks Avid Technology (AVID), Box (BOX), Rambus…

Asian stocks have followed Wall Street lower after a Federal Reserve official’s comments fueled expectations of more aggressive interest U.S. rate hikes and the White House announced more sanctions on Russia

Bitcoin and Ethereum declined Tuesday evening, while Dogecoin emerged as the top intraday gainer, as the global cryptocurrency market cap fell 3% to $2.1 trillion.

Few things scare investors more than the specter of an inverted yield curve as it so frequently points to a forthcoming recession and bear market. And yes, the average bear market in history has led to a 34% drop in the S&P 500 (SPY). That’s why it pays to review…

Billionaire Elon Musk will join the board of Twitter after buying a 9.2 per cent stake in the company. Australian and US stocks have been sold off after a US Federal Reserve official flagged a faster-than-expected withdrawal of pandemic stimulus.