Fed meeting

After a steady May jobs report that was released Friday, economists are at a crossroads about their view on the monetary policy. While some believe that the Federal Reserve should hold onto its “wait and see” stance, others affirm that the central bank can start cutting interest rates....

For the first time since June 2020, the Consumer Price Index (CPI) report will be released on the same day as the Federal Open Market Committee (FOMC) meeting. This sets up a potentially volatile Wednesday for financial markets. Following three consecutive months of higher-than-expected inflation...

Investors are on the edge as the Federal Open Market Committee (FOMC) prepares for its pivotal meeting this Tuesday and Wednesday, marking the most significant market event of the first quarter of 2024. With the rate decision anticipated to hold steady, all eyes are intensely focused on the so-...

There’s little doubt that the Federal Reserve Open Market Committee (FOMC) meeting this Wednesday will opt to maintain interest rates unchanged within the 5.25% to 5.5% range while also keeping their quantitative tightening program running at the same pace. But, the real focus lies in the...

Analysts at Bank of America stated the Federal Reserve will resume interest rate hikes in December 2023, following a period of “watch and see.” In a note released on Friday, the team led by economist Michael Gapen stated they no longer anticipated a rate hike in November. Instead, they...

It’s a quiet start to the week for the U.S. stock market, with investors eagerly anticipating the crucial Federal Reserve interest rate decision scheduled for Wednesday. While major indices are showing little movement, there are slight gains overall, as the recent bullish momentum of the U.S...

In a bold move, Goldman Sachs is betting against the prospect of further Federal Reserve interest rate hikes. David Mericle, an economist at the firm, doubled down on this prediction in a recent note to clients. As the Federal Open Market Committee (FOMC) gears up for its meeting Wednesday, the...

The July labor market report takes center stage this week. Investors and markets brace for significant economic releases that will influence future Federal Reserve rate decisions. Tuesday provided a glimpse at a decrease in the number of job vacancies throughout June. Wednesday’s ADP...

On Wednesday, the Fed raised its target fed funds rate by 0.75% to a new range of between 3% and 3.25%, its third 0.75% rate hike in four months. What Happened: Scott Minerd, founding managing partner, chairman, and global CIO of Guggenheim Partners appeared on CNBC’s ‘The...

Benzinga debuted a new show on its YouTube channel Friday. The show will air every Friday and recap the top events of the week for stock traders. Here are the top ten stock market moving headlines of the past week. 10: Tesla Fourth Quarter Deliveries: Electric vehicle giant Tesla Inc (NASDEQ:TSLA)...

Pre-open movers U.S. stock futures traded lower in early pre-market trade. The Federal Open Market Committee will begin its two-day policy meeting today. Data on nonfarm productivity and unit labor costs for the third quarter will be released at 8:30 a.m. ET. Futures for the Dow Jones Industrial...

Pre-open movers U.S. stock futures traded higher in early pre-market trade. The Federal Open Market Committee will begin its two-day policy meeting today. Data on housing starts and permits for November will be released at 8:30 a.m. ET. Futures for the Dow Jones Industrial Average climbed 76 points...

The main question going in to Tuesday's trading session was whethere the Fed will decide to scale back its $85 billion monthly bond buying program. A budget deal in Congress and solid economic data make the case that tapering will begin sooner rather than later. Major indices were virtually...

On Tuesday and Wednesday, the Federal Reserve will meet for the last time in 2013. The final policy meeting of the year will provide further clarity on the hotly debated question of when, or if, the Fed will begin to scale back on its $85 billion-a-month bond buying program. In June, the Fed'...

Pre-open movers US stock futures are slightly lower this morning, ahead of the minutes of the recent Fed meeting. Futures for the Dow Jones Industrial Average tumbled 9 points to 15,213.00 and S&P 500 index futures fell 2.80 points to 1,642.80. Nasdaq 100 futures dropped 4 points to 2,970.25....