Fed Funds Rate

U.S. stocks could start the holiday-shortened week on a positive note, with the momentum from the past week likely to carry over. The developments around Friday’s boardroom coup at OpenAI and its implications for Microsoft Corp. (NASDAQ:MSFT) and other AI stalwarts could create some ripple in...

Stocks experienced a modest surge amid the Federal Open Market Committee meeting Wednesday. The central bank is widely expected to leave interest rates unchanged. Investors appear to be betting on a dovish press conference from Jerome Powell, as they have largely been buying Treasury bonds in...

In a move that came as no surprise on Wednesday, the Federal Reserve raised the federal funds rate by 25 basis points to a range of 5.25%-5.5%, marking the highest borrowing cost level since February 2001. Following a short hiatus in June, the rate hike resumed, accumulating a total increase of 5....

Federal Reserve Bank of Cleveland President Loretta Mester sees possibility of more interest rate hikes in the wake of signs indicating the recent banking crisis have abated. What Happened: Mester said she expects monetary policy moving “somewhat further into restrictive territory this year,...

The past week’s economic events panned largely in line with expectations, as reflected by the positive market performance. What Happened: The week started with the Swiss central bank brokering a deal to bail out troubled investment bank Credit Suisse AG (NYSE: CS). Expectedly, the Fed raised...

Risk appetite sharply recovered on Thursday amid increased expectations of a Fed rate pause in May. This helped to alleviate fears raised by Treasury Secretary Janet Yellen's rejection of complete protection on bank deposits. Cues From Wednesday’s Trading: Negative pressure on the U...

After the Federal Reserve announced a quarter-point increase in the fed funds rate and also hinted at a potential pause in the monetary policy statement, Treasury Secretary Janet Yellen spooked the markets by stating that the Treasury is not considering or is working on a unilateral expansion of...

The banking crisis has complicated matters for the Fed, which was decidedly tilting in favor of a 25 basis point hike in the fed funds rate or higher at the March meeting. Inflation Easing: Most of the economic data points released in the past week vouched for the resilience of the economy....

Two Federal Reserve officials reportedly said on Thursday the central bank should have lifted interest rates more than it did in early February, and cautioned that additional hikes in borrowing costs are essential to bring down inflation to desired levels. What Happened: Cleveland Fed President...

Stock futures indicate major Wall Street indices are expected to open lower on Wednesday, in continuation to Tuesday's fall, after inflation came in higher than expected. Fed officials reiterated the central bank may have to keep on raising rates if price rises are sticky. Investors and traders...

Caution returns to Wall Street after Monday’s solid showing by stocks. The index futures point to a higher opening, although sentiment will largely hinge on the January consumer price inflation report due ahead of the market opening. Cues From Monday’s Trading: Bargain...

The U.S. index futures point to a mixed start on Monday, reflecting cautious sentiment ahead of the January consumer price inflation report due to be released on Tuesday. The S&P 500 and Nasdaq Composite futures gained ground, while the Dow futures were slightly lower. Cues From Last Week...

The market appears to be persisting with its circumspect mood as seen by the trading in the index futures on Friday. Cues From Thursday’s Trading: U.S. stocks ended Thursday’s session lower as traders digested earnings news flow and a rise in bond yields following a trio of Treasury...

The see-sawing mood in the market continues as Fed’s data dependency creates volatility. The index futures point to a solidly higher opening on Thursday, signaling a reversal in the sentiment seen in the previous session. Cues From Wednesday’s Trading: On Wednesday, stocks...

Trading in the index futures points to a nervous start by Wall Street on Wednesday, reflecting the skittish mood of the market. Earnings could drive sentiment, given the lack of any first-tier economic event/data. Cues From Tuesday’s Trading: Fed Chair Jerome Powell turned out to be the...