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Federal Reserve Bank

Central bank holds rates steady, maintains three cuts coming

by Adrian Jhonsan
Central bank holds rates steady, maintains three cuts coming

The Federal Reserve on Wednesday held interest rates steady as expected and signaled it still plans multiple cuts before the end of the year. Following its two-day policy meeting, the …

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Categories World

Here’s where prices fell in February 2024 — in one chart

by Adrian Jhonsan
Here’s where prices fell in February 2024 — in one chart

A customer shops for food at a grocery store in San Rafael, California, March 12, 2024. Justin Sullivan | Getty Images News | Getty Images The U.S. is still grappling …

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Categories World

Long-term inflation expectations rise, spelling possible trouble for the Fed, survey shows

by Adrian Jhonsan
Long-term inflation expectations rise, spelling possible trouble for the Fed, survey shows

Customers shop at a Costco store on August 31, 2023 in Novato, California. According to a report by the Commerce Department, consumer spending rose 0.8% in July beating expectations of …

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Categories World

CPI inflation report February 2024:

by Adrian Jhonsan
CPI inflation report February 2024:

Fresh chicken breasts are displayed for sale in the meat area of a Sprouts Farmers Market grocery store in Redondo Beach, California on February 23, 2024.  Patrick T. Fallon | …

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Categories World

Here’s what to expect from a key inflation reading

by Adrian Jhonsan
Here’s what to expect from a key inflation reading

Shoppers are seen in a Kroger supermarket in Atlanta on Oct. 14, 2022. Elijah Nouvelage | AFP | Getty Images Rising gasoline prices likely put a floor under inflation in …

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Categories World

Powell says Fed is ‘not far’ from the point of cutting interest rates

by Adrian Jhonsan
Powell says Fed is ‘not far’ from the point of cutting interest rates

Federal Reserve Chairman Jerome Powell testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled “The Semiannual Monetary Policy Report to the Congress,” in Dirksen Building on Thursday, …

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Categories World

Powell reinforces position that the Fed is not ready to start cutting interest rates

by Adrian Jhonsan
Powell reinforces position that the Fed is not ready to start cutting interest rates

Federal Reserve Chair Jerome Powell on Wednesday reiterated that he expects interest rates to start coming down this year, but is not ready yet to say when. In prepared remarks …

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Categories World

Treasury market shift may set investors up for solid gains

by Adrian Jhonsan
Treasury market shift may set investors up for solid gains

Investor sentiment toward intermediate-term Treasury bonds may be changing. Schwab Asset Management’s David Botset is seeing more flows into bonds with maturity rates typically between three and five years — …

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Categories World

Fed minutes January 2024:

by Adrian Jhonsan
Fed minutes January 2024:

WASHINGTON – Federal Reserve officials indicated at their last meeting that they were in no hurry to cut interest rates and expressed both optimism and caution on inflation, according to …

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Categories World

Nvidia rally fueling FOMO in overall market: Evercore’s Julian Emanuel

by Adrian Jhonsan
Nvidia rally fueling FOMO in overall market: Evercore’s Julian Emanuel

Evercore ISI’s Julian Emanuel thinks Nvidia’s monster rally is fueling a fear of missing out in the market. He finds clients, including many who traded through the dot-com boom and …

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Categories World
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