Federal Reserve

Ahead of the Federal Reserve’s upcoming rate decision, Mohamed El-Erian has highlighted concerns about the potential for disappointing interest rate cuts due to the Fed’s focus on employment. What Happened: El-Erian, chief economic adviser at Allianz, highlighted concerns over the...

Ahead of the Federal Reserve’s upcoming rate announcement, prominent crypto trader Michaël van de Poppe has forecasted a significant bull run in the cryptocurrency market. What Happened: Van de Poppe stated on X, “Tomorrow is the big FED day and I think that we’re facing the...

Homebuilder and building product stocks could see an upward trend if the Federal Reserve cuts the key interest rate on Wednesday, based on historical performance, according to a major U.S. bank. The Fed is expected to lower rates by either 25 or 50 basis points, marking the first change since July...

The Federal Reserve is widely anticipated to cut interest rates at its upcoming Federal Open Market Committee meeting, with the decision set for release on Wednesday at 2 p.m. ET. The central bank has maintained the federal funds rate at 5.25%-5.5% since September 2023 and this week’s rate...

Wall Street experienced a slightly positive session Tuesday, supported by investor optimism as the Federal Open Market Committee (FOMC) kicked off its two-day meeting, expected to deliver the first interest rate cut in over four years on Wednesday. The session’s notable performers were small...

Editor’s note: This story has been updated to correct the headline and to reflect that odds of a larger Federal Reserve interest rate cut fell after Tuesday’s economic data. The story has been updated with additional information on Federal Reserve rate cut probabilities. U.S. retail...

Tuesday’s retail sales report for August indicates that the U.S. economy is doing pretty well, but the Federal Reserve is still expected to cut rates on Wednesday to avoid making the same mistakes as one of its predecessors, an economist says. “If the Fed doesn’t initiate its...

U.S. stocks are priming for a positive start on Tuesday ahead of the release of the key August retail sales report. Traders could throng the tech space as they seek to take advantage of the recent pullback. The market and experts are divided over the magnitude of a rate cut, but a 25 basis-point...

The Federal Reserve’s rate-setting committee -the Federal Open Market Committee, kickstarts a two-day meeting on Tuesday and the futures market currently bakes in a 67% probability of a 50-basis-point rate cut. Ahead of the all-important meeting, Nobel laureate Paul Krugman said on Monday the...

Economist Peter Schiff has cautioned that the upcoming rate cuts by the Federal Reserve may not lower borrowing costs, according to a post on X on Monday. What Happened: Schiff, known for his skepticism towards Bitcoin (CRYPTO: BTC), stated that mortgage rates have likely already hit their lowest...

The iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) surged 0.8% on Monday, climbing above $101 per share to its highest level since July 2023 as investors anticipate an imminent interest rate cut by the Federal Reserve. On the same day, Yields on the 30-year U.S. Treasury bond dropped to 3.93%,...

Consumers’ wallets should get some relief if the Federal Reserve lowers rates this week, but it won’t be a huge help, according to Benjamin Ayers, senior economist with Nationwide Insurance (NASDAQ:NWFAX). “It should put some downward pressure on auto rates, mortgage rates, loan...

In recent years, Federal Reserve Chair Jerome Powell mentioned inflation extensively in various speeches, testimonies, and reports. This Wednesday will be no different. The Fed will meet and put in place what the market expects to be a 25-point basis reduction to its benchmark interest rate. The...

Tech stocks kicked off the week on the negative note, driven lower by concerns over weaker-than-expected demand for Apple Inc. (NASDAQ:AAPL)’s latest iPhone 16 models. Shares of Apple tumbled over 3% by midday in New York, heading for their worst session in more than a month. The sell-off in...

The Federal Reserve’s upcoming meeting on Sept. 18 is shrouded in uncertainty, with market participants debating whether the central bank will cut rates by 0.25% or opt for a more aggressive 0.5% reduction. Adding another layer of complexity to the Fed’s rate decision, three U.S....