-
Fed's Neel Kashkari Calls For Rate Pause Amid Uncertainty Over Trump Tariffs And Inflation Risks
Tuesday, May 27, 2025 - 7:03am | 419Minneapolis Federal Reserve Bank President Neel Kashkari called for maintaining current interest rates until greater clarity emerges on how President Donald Trump‘s tariff policies will impact inflation, signaling continued monetary policy caution amid trade tensions. What Happened: Speaking...
-
Neel Kashkari 'Nervous' About Big Layoffs, Fed President Warns America Could Lose Status As 'Premier Destination For Capital'
Friday, April 25, 2025 - 12:02am | 543Minneapolis Federal Reserve President Neel Kashkari says the biggest gift the U.S. economy could receive this year is clarity on trade. Instead, corporate boardrooms remain spooked by Washington's tariff volleys, and that has the central banker "nervous" about a wave of future layoffs. What...
-
Fed's Kashkari Flags Waning Confidence: US 'No Longer Is The Most Attractive' To Global Capital
Friday, April 11, 2025 - 10:46am | 344In a CNBC interview Friday, Minneapolis Federal Reserve President Neel Kashkari raised concerns that investor sentiment may be shifting away from the U.S., citing unusual market movements amid ongoing trade tensions. What To Know: Treasury yields have surged while the dollar has weakened—an...
-
Inflation On Track, But Fed May 'Go Slowly' On Interest Rate Cuts, Experts Say
Wednesday, November 13, 2024 - 11:53am | 460October's Consumer Price Index rose from 2.4% in September to 2.6% in October, in line with economist predictions. Here's a look at what experts expect from the Federal Reserve in the months ahead. Experts Weigh In: Minneapolis Fed President Neel Kaskari appeared on Bloomberg TV following the CPI...
-
October Inflation Rate Rises To 2.6% As Expected: December Interest Rate Cut Remains Uncertain (UPDATED)
Wednesday, November 13, 2024 - 10:04am | 514Editor’s note: This story has been updated with additional details. After six consecutive months of easing, the annual inflation rate, as measured by the Consumer Price Index (CPI), reversed course in October, climbing to 2.6% as expected. This outcome casts doubt on the disinflationary...
-
Fed's Kashkari Warns Of December Interest Rate Pause Risk: 'Surprises To The Upside'
Tuesday, November 12, 2024 - 5:06pm | 857Minneapolis Fed President Neel Kashkari said Tuesday the Federal Reserve could hold off on an interest rate cut in December if inflation data comes in hotter than expected. In an interview with Yahoo Finance, Kashkari also shared his views on inflation, the labor market and the potential effects...
-
November Interest Rate Cut Almost A Done Deal As Blackout Begins: 10 Stocks Surging The Most Since Fed's Last Decision
Saturday, October 26, 2024 - 8:00am | 939Market participants are almost fully pricing in a rate cut at the Federal Reserve’s Nov. 7 meeting as policymakers enter their customary pre-meeting blackout period, where officials abstain from public commentary leading up to the policy decision. Investors have further bolstered their rate-...
-
US Stocks Set To End Week Strong As Netflix Q3 Earnings Boost Optimism, Gold Hits New Highs: What's Driving Sentiment Friday?
Friday, October 18, 2024 - 7:25am | 1315Wall Street is priming for a positive start on Friday after the major averages ended narrowly mixed in the previous session. Positive reaction to Netflix, Inc.’s (NASDAQ:NFLX) earnings could provide a lift to the tech space, given earnings news flow from the sector will likely start in...
-
Nasdaq, S&P 500 Futures Rise Solidly Ahead Of Q3 Earnings Season, Boeing Drags Dow: This Strategist Sees 'A Lot Of Firepower' Supporting Market After Election
Monday, October 14, 2024 - 6:59am | 1379U.S. stocks could get off to a mixed start on Monday after the averages posted weekly gains for a fifth straight week. The bond market is closed on account of Columbus Day, which is a federal holiday, but the stock market will trade during usual hours. The majority opinion among strategists hints...
-
Wall Street Set To Start New Week Sharply Lower As Traders Brace For Key Economic Data And Fed Minutes: Why Strategist Sees Market Consolidating In Near Term
Monday, October 7, 2024 - 6:41am | 1641U.S. stock futures are headed lower on Monday after the jobs data-induced strength seen in the final session of last week. The mood has been rendered cautious as traders await a few key first-tier economic data and the minutes of the Federal Reserve’s September rate-setting meeting. The...
-
US Stocks Staring At Another Weak Open As Traders Await Key Jobs Report; Sentiment Wavers As Oil Extends Surge Amid Middle East Tensions
Thursday, October 3, 2024 - 7:10am | 1163Sentiment continues to be cautious as traders play the “wait-and-watch” game until they see off Friday’s non-farm payroll data. The index futures traded moderately lower early Thursday. The weekly jobless claims data along with the ongoing tensions in the Middle East and the...
-
US Stocks Set For Strong Start, Micron Jumps, China Commits More Stimulus: Strategist Flags 'Tremendous' Gains Near Term
Thursday, September 26, 2024 - 6:59am | 1561Micron, Inc.’s (NASDAQ:MU) earnings could revitalize the sagging market momentum, with the index futures trading notably higher early Thursday. The risk-on mood was evident across the global markets as China’s commitment to stimulate the domestic economy encouraged traders. The markets...
-
Nasdaq, S&P 500 Futures Firm, China's Economic Stimulus Fuels Commodities, Bitcoin Steady: Here's What Traders Should Be Watching Tuesday
Tuesday, September 24, 2024 - 6:58am | 1475After the market ended at a fresh record on Monday, traders have positioned themselves for more gains. The index futures are modestly higher early Tuesday. China, the second largest economy in the world, decided to go bold, with the nation’s central bank announcing a series of stimulatory...
-
Wall Street Eyes Modestly Positive Start As Atypical September Rally Generates Positive Sentiment, China Cuts Rate: Intel, Palantir, Bitcoin Make Huge Moves
Monday, September 23, 2024 - 7:03am | 1568U.S. index futures are modestly higher at the start of a new week as the rate cut euphoria fades and traders look ahead to the next key catalysts. The tech space could get a lift from a potential lifeline for struggling Intel Corp. (NASDAQ:INTC) and traders may also look ahead to Micron Corp....
-
US Stocks May Take A Breather After S&P 500's Impressive 8-Session Winning Streak: Strategist Says Market Will Hit Fresh Highs In Next 4 Weeks, But Warns Investors Of Potential Risks
Tuesday, August 20, 2024 - 6:47am | 1591The gravity-defying climb faces risk, as the index futures trade narrowly mixed in early trading on Tuesday. That said, the recent gains could keep traders wary of a potential pullback. A couple of speeches by Federal Reserve officials are the lone Main Street catalysts for the day even as the...