Chris Zaccarelli

U.S. stock futures climbed on Thursday in premarket hours after the indices declined in the previous session following a hawkish cut from the Federal Reserve. The futures of all four major indices were trading higher. The 10-year and two-year Treasury notes yielded 4.54% and 4.32%, respectively. On...

The Federal Reserve announced a widely anticipated 25-basis-point interest rate cut at its December meeting Wednesday, lowering the federal funds rate to a range of 4.25% to 4.5%. The cut is the third consecutive reduction in borrowing costs following a 50-basis-point cut in September and a 25-...

The Consumer Price Index rose from 2.6% in October to 2.7% in November, in line with economist predictions. Here’s a look at what experts expect from the Federal Reserve in the months ahead.  Experts Weigh In: Most experts are anticipating another quarter-point rate cut from the Federal...

The November jobs report released Friday showed nonfarm payrolls surged by 227,000, a significant jump from October's weather and Boeing strike-related disruptions. Experts are weighing in on what the report could mean for interest rates in the future.  Expert Ideas:  Glen Smith, chief...

Friday's Personal Consumption Expenditures (PCE) Price Index report showed lower inflation in August than expected, which has economists cheering the results and their positive impact for consumers and the stock market. What Happened: The Personal Consumption Expenditures Price Index is the...

Wednesday’s inflation figure of 2.5% for August — the lowest rate since February 2021 — gives the Federal Reserve the go-ahead signal on cutting rates when it meets on Sept. 18, according to economists. “All clear for launch,” Chris Zaccarelli, Chief Investment Officer for...

Friday’s lower unemployment figure is a strong indication that the Federal Reserve may cut rates by 0.25% instead of 0.50% when it meets in less than two weeks, economists say. “This is the moment we've all been waiting for and, based on the data, it looks like the Fed won't need to...

Economists had high praise for July’s retail sales numbers on Thursday, but they believe that the Federal Reserve will still cut rates in September in the face of rising unemployment. “Today's retail sales numbers were a blowout versus consensus, but more importantly it should lay to...

The Producer Price Index for July released Tuesday showed a decline following an unanticipated rise in June, much to the relief of the markets. “The PPI data this morning came in lower than expected – across the board – which is good news for those investors that worried the Fed would have...

The Federal Reserve should have lowered interest rates at Thursday’s meeting, according to economists reacting to the jobs report released on Friday. The Fed has kept its key interest rate between 5.25% and 5.5% as it looks for the inflation rate to fall to 2%. “The economy and the...

U.S. stocks were priming for more losses on Friday as traders await the key non-farm payrolls report. Tech stocks could again take the brunt of the selling amid some sector-specific concerns and the ongoing rotation out of the sector. Against the backdrop, the payroll data could be a make-or-break...

After Wednesday’s tech-led rebound amid the Federal Reserve’s rate decision, the stock market could be in for further gains. The major index futures point to a higher opening, although suggesting a slowdown in the upward momentum is in the cards. Despite Federal Reserve Chair Jerome...

The Federal Reserve decided at its Wednesday meeting to keep the key interest rate between 5.25% and 5.5% while maintaining other policy interest rates and continuing to lower its bond holdings at a rate of $60 billion per month. Bill Adams, chief economist for Comerica Bank, said the committee...

This week has been a rollercoaster ride for the financial world. From warnings of a potential market crash to a surge in small-cap stocks, the market has seen it all. The U.S. economy showed impressive strength, while predictions of soaring Bitcoin, gold, and silver prices added to the intrigue....

The Personal Consumption Expenditure (PCE) price index keeps falling. This reaffirms the possibility that the Federal Reserve will cut the key interest rate by September. The PCE, the Fed’s favored inflation indicator which tracks U.S. consumer spending, rose 2.5% on an annual basis in June,...