FOMC

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...

While discussions at the Federal Reserve’s Jackson Hole Symposium will cover various topics, investors remain especially focused on Fed Chair Jerome Powell‘s speech scheduled for Friday at 10 a.m. ET. The market, historically, is sensitive to any short-term monetary policy guidance...

The minutes from the July Federal Open Market Committee meeting indicate that policymakers are leaning toward making the first interest rate cut in over four years at the upcoming September meeting, driven by ongoing progress in curbing inflation. Although all participants agreed to maintain the...

Federal Reserve Chair Jerome Powell finally communicated Wednesday that a rate cut could arrive at the September meeting if inflation and the labor market perform as expected. The Fed opted to hold the interest rate steady at 5.25-5.5% for the eighth straight meeting in July, as widely predicted....

The Federal Reserve kept the policy interest rate unchanged Wednesday at 5.25%-5.5% at its July Federal Open Market Committee (FOMC) meeting, with the statement that inflation has seen further recent improvements toward the Fed’s 2% goal. Despite these improvements, policymakers did not...

Investors and analysts eagerly await the July Federal Open Market Committee (FOMC) decision on whether the federal funds rate will be cut. What Happened: The July FOMC meeting is held July 30 and 31 and will likely be the eighth straight meeting with federal funds rates remaining the same at 5.25%...

Minutes from June’s Federal Open Market Committee (FOMC) meeting that were released Wednesday indicate that policymakers are not eager to cut interest rates until additional data confirms that inflation is moving sustainably toward the committee's 2% target. FOMC On Inflation Data, Economic...