2024-07-22 | Industry Dynamics
Oil prices increased in early trading on Monday as investors awaited signs that the Federal Reserve might start reducing interest rates as early as September. By early GMT, Brent crude had risen by 48 cents to USD 83.10 a barrel, while U.S. West Texas Intermediate crude gained 42 cents, reaching USD 80.55.
2024-07-15 | Expert Opinion
The market rally with S&P 500 and Dow Jones rising as investor confidence grew on Fed rate cut speculation and lower-than-expected inflation data
2024-07-04 | Industry Dynamics
Federal Reserve officials, during their June meeting, noted that while inflation is heading in the right direction, it hasn’t decreased swiftly enough to justify lowering interest rates just yet. The minutes from the meeting, released on Wednesday, reveal that policymakers are seeking more robust data before feeling confident enough to reduce rates.
2024-06-19 | Industry Dynamics
Federal Reserve officials are cautiously optimistic about potential interest rate cuts later this year, seeking further signs that inflation is subsiding without negatively impacting a robust labor market.
2024-06-13 | Education
Central banks around the world have begun to cut interest rates, with the market now focusing on the U.S. Federal Reserve’s impending rate decision.
2024-06-13 | Industry Dynamics
Federal Reserve officials have scheduled just one interest rate cut for this year, responding cautiously even as recent inflation data showed improvement. The Federal Reserve maintains its benchmark rate at a steady 5.25% to 5.5%, aligning with expectations. Projections indicate that 15 of 19 officials anticipate reducing rates this year, likely by a single cut.
2024-06-11 | Industry Dynamics
The S&P 500 and Nasdaq Composite both achieved record highs, rising 0.3% in subdued trading ahead of this week’s Federal Reserve meeting. While the Dow Jones Industrial Average also saw a modest increase of 0.2%, bond yields, particularly the 10-year Treasury yield, ended higher at 4.468%.
2024-05-02 | Industry Dynamics
Today’s News The Federal Reserve decided to keep interest rates unchanged, expressing concerns about the lack of significant progress in addressing inflationary pressures. Despite a strong start to 2024 with three months of unexpectedly rapid price increases, Fed Chair Jerome Powell noted the anticipated decline in inflation towards the 2% target may take longer […]
2024-04-16 | Industry Dynamics
Today’s News A surge in the value of the U.S. dollar has gained momentum, propelled by contrasting outlooks on interest rates in the United States. This rise comes amidst growing uncertainty regarding the Federal Reserve’s ability to aggressively cut rates this year in comparison to other global central banks. The U.S. dollar index, which gauges […]
2024-04-04 | Industry Dynamics
Today’s News Federal Reserve Chair Jerome Powell restated on Wednesday the central bank’s anticipation for interest rate cuts this year, despite the recent surge in economic activity. Powell highlighted that despite the stronger-than-expected economic performance, the Fed’s overarching expectation of diminishing inflation still allows room for interest rate reductions. Powell emphasized that indicators suggest the […]
