FOMC

All three major U.S. indices are red in Wednesday's midday trading as investors weighed President Donald Trump's proposed tariffs on auto imports, pharmaceuticals and semiconductors. An official announcement is expected as soon as April 2.  Markets are anticipating the release of the most...

After cutting the federal funds rate three straight times to end 2024, the Federal Reserve left rates unchanged in January. A new Benzinga reader poll asks which Magnificent 7 stock could be most hurt by the decision. What Happened: The Fed kept the federal funds rate steady in January at 4.25% to...

A new Benzinga reader poll asks whether the Federal Reserve made the right call by keeping interest rates steady Wednesday, or if further cuts were needed. What Happened: After cutting rates three straight times to end 2024, the Fed kept the federal funds rate steady in January at 4.25% to 4.5%....

As the Federal Reserve gears up for its next policy decision, the key question weighing down crypto markets remains whether Chair Jerome Powell put an end to quantitative tightening. What Crypto Investors Expect According to a poll by crypto analyst Benjamin Cowen, 42% of respondents expect...

A key market narrative of 2024 has been the U.S. Dollar’s remarkable strength, with data showing that it is trading at levels last seen 22 years ago in 2002. Wall Street is anticipating this bullish momentum to continue into the new year as President-elect Donald Trump‘s proposed tax...

Markets are on edge ahead of the Federal Reserve’s final meeting of 2024, with investor focus shifting to the central bank's projections for 2025 rate cuts rather than the widely expected 25-basis-point reduction. What Happened: The outcomes of the projections could trigger vastly different...

U.S. stocks could open in the green on Thursday after a strong post-election rally on Wednesday that saw former President Donald Trump emerge victorious after a long-drawn battle with Joe Biden and Kamala Harris. Futures of all three major indices edged up on Thursday, pointing to positive...

Data on the U.S. labor market could signal how aggressive the Federal Reserve will be when deciding if they should cut interest rates in November, after already announcing a rate cut of 50 basis points in September. The Bureau of Labor Statistics is set to release the official September jobs report...

When the Federal Open Market Committee (FOMC) voted to lower the federal funds rate by 50 basis points—rather than a widely expected 25—at its September meeting, the S&P 500 continued its seemingly optimistic path skyward to fresh record highs. Many investors had already factored an...

Stocks slid Monday after Federal Reserve Chairman Jerome Powell said that future interest rate cuts would depend on economic data during his appearance at the National Association of Business Economics. While Powell noted inflation is moving closer to the Fed’s 2% target and highlighted...

Friday's Personal Consumption Expenditure (PCE) price index report could validate the recent decision to cut interest rates and foreshadow the size of future cuts. PCE Report: The monthly PCE report is scheduled for release at 8:30 a.m. ET Friday. The data will be closely monitored by investors and...

The Federal Reserve cut interest rates for the first time in more than four years on Wednesday, opting to lower the rates by 50 basis points to a range of 4.75% to 5%. Here's a look at what the rate cuts could mean for consumers. What Happened: The Federal Reserve's decision to cut interest rates...

When it comes to two of the largest U.S. stock market funds, one could stand out now that the Federal Reserve decided to cut interest rates Here's a look at key differences between the Vanguard S&P 500 ETF (NYSE:VOO) and the Vanguard Total Stock Market ETF (NYSE:VTI). VOO ETF Vs. VTI ETF: The...

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...

If former President Donald Trump has his way, the Federal Reserve will leave rates unchanged ahead of the 2024 presidential election. That doesn't seem likely with investors and members of Congress anticipating a rate cut next week. What Happened: Trump recently said that presidents should have "at...