interest rate

Jerome Powell Offered Markets a Reprieve. It Vanished in a Blink

Business
Jessica Roberts

(Bloomberg) — Traders on Wall Street cheered on Wednesday when Federal Reserve Chair Jerome Powell signaled he didn’t see oncoming interest-rate hikes ...

US stocks set to snap 5-month win streak with Fed, Amazon in focus

Business
Jessica Roberts

Home prices in February rose at the fastest clip since November 2022, according to national home price data released Tuesday. Prices nationwide ...

Confounding US economic, inflation data muddy Fed’s rate path

Business
Jessica Roberts

By Howard Schneider (Reuters) – The Federal Reserve’s latest financial stability report was good news for anyone worried that a record run ...

Tech leads market bounce as Powell soothes rate-cut nerves

Business
Jessica Roberts

Tech stocks led the markets higher on Thursday as investors hunting for interest-rate clues shifted focus to the coming US jobs report. ...

JPMorgan warns of a growing disconnect between continued stock gains and delayed rate cuts

Business
Jessica Roberts

ekapol/Getty Images The soaring stocks’ growing gap with the Fed’s continued pushback on interest rate cuts should be worried, says JPMorgan. Rate-cut ...

Investors eye Fed rate cut, earnings as key to sustaining market rally

Business
Jessica Roberts

By David Randall NEW YORK (Reuters) – After a stellar start to the year for stocks, investors are on guard for potential ...

The Fed’s rate-cut projections are pointing to an imminent recession, economist says

Business
Jessica Roberts

Yuichiro Chino/Getty Images The Fed’s interest rate forecasts signal an imminent recession, economist David Rosenberg says. In previous soft landings, the Fed ...

US Inflation Gauge Seen Bolstering Fed Patience on Rates

Business
Jessica Roberts

(Bloomberg) — The Federal Reserve’s preferred measure of underlying US inflation probably remained uncomfortably high in February, showing why central bankers are ...

US futures slip ahead of Fed’s rate decision, Gucci owner tanks on sales warning

Business
Jessica Roberts

Federal Reserve Chair Jerome Powell.Aaron Schwartz/Getty Images US stock futures slid on Wednesday as Wall Street waited for the Fed’s interest-rate decision. ...

Federal Reserve expected to keep key interest rate at current level as inflation persists

U.S.
Amanda Smith

The Federal Reserve is widely expected to keep its key federal funds interest rate unchanged at about 5.5% this week, as it ...