Fed

The Federal Open Market Committee (FOMC) meeting announcement, set for Wednesday afternoon, stands as one of the most anticipated in recent memory. Two years since the start of interest rate hikes, with the Fed bringing rates to their highest levels in over two decades, policymakers may now finally...

The Federal Open Market Committee (FOMC) meeting is the pivotal event for the markets this week, possibly even the most crucial one of the entire first quarter of 2024. While the customary policy-meeting statement, set to be released at 2 p.m. on Wednesday, is expected to confirm a steady rate...

A safety net implemented by the Fed in the wake of the Silicon Valley Bank and Signature Bank failures in March 2023 has ceased operations this week. The Federal Reserve’s Bank Term Funding Program (BFTP) was designed as an emergency bulwark against the looming threat of a regional banking...

In an unexpected turn of events, Bank of America anticipates the Federal Reserve’s first interest-rate cut of 2024 to happen in June, not March, following unexpectedly hawkish comments from the central bank. What Happened: The Federal Open Market Committee (FOMC) meeting on Wednesday saw the...

The bond market is bracing for a potential policy shift by the Federal Reserve, with expectations of a move away from interest rate hikes to multiple rate cuts this year. What Happened: Bond investors are gearing up for a possible change in the Federal Reserve’s interest rate policy...

The American Institute of Economic Research has attributed the recent easing in inflation to the monetary policies of the Federal Reserve rather than improvements in supply chains. What Happened: The American Institute of Economic Research report suggests that the Federal Reserve’s monetary...

Richmond Federal Reserve President Tom Barkin delivered a mixed message about the U.S. economy in his recent speech, signaling a cautious optimism regarding the potential for a so-called “soft landing,” while also not ruling out additional rate hikes. “A soft landing is...

This week was an interesting one in the world of finance, with mixed signals from the Federal Reserve and several economists making waves with their opinions. The key highlight is the seemingly wavering stance on interest rate cuts, which has sparked debates among financial pundits. Let’s...

Fed’s Income Shortfall Puts Pressure On Treasury As Interest Expenses Soar To $1 Trillion1 Instead of dishing out excess earnings to the U.S. Treasury, the Federal Reserve is now projected to operate as a loss-making entity for the foreseeable future. The St. Louis Federal Reserve dropped...

Richmond Federal Reserve President Thomas Barkin has outlined a strategy that involves slowing down the economy as the winning recipe to decisively win the ongoing battle against inflation. These insights took center stage during a recent conference call hosted by Market News International (MNI)...

The mortgage market seems to find the first glimmers of light at the end of a long tunnel. What Happened: The Mortgage Bankers Association (MBA) announced Wednesday that mortgage applications increased by 2.5% for the week ending Nov. 3, snapping three straight weeks of decreases. A rise in...

Last week’s payroll data indicated the jobless rate rose to 3.9% while wage growth also saw a softer growth. Job creation slowed to 150,000 jobs in October after rising by 297,000 in September. These factors could possibly keep the Federal Reserve from hiking up interest...

Peter Schiff, a well-known gold bull, recently challenged Jerome Powell’s claim that inflation is a consequence of consumer expectations, highlighting the role of excessive government spending and deficits. What Happened: On Tuesday, Schiff took to Twitter to question Federal Reserve Chair...

The Bureau of Economic Analysis is slated to unveil the Federal Reserve’s favored gauge of inflation, the Personal Consumption Expenditure (PCE) index for September, at 8:30 a.m. ET on Friday. This data holds immense significance as it not only serves as the primary inflation metric closely...

Morgan Stanley (NYSE:MS) released a research note on Monday outlining their predictions for the FOMC meeting statement scheduled for Oct. 31-Nov. 1 and the following press conference. The investment bank expects the FOMC statement to acknowledge the continued expansion in economic activity....