FOMC

Investors are setting their sights on two pivotal events scheduled for Wednesday. At 2:00 p.m. ET, the Federal Reserve will release the minutes from its latest Federal Open Market Committee Meeting. Following the close of Wall Street’s trading session, Nvidia Corp., the S&P 500’s...

Editor’s note: This story has been corrected to make clearer in the headline the expectation of a 59% chance of interest rate cuts by May is a market bet, and to attribute the 85% chance of no rate cut in March to traders. The latest findings from the National Association for Business...

Neel Kashkari, President of the Federal Reserve Bank of Minneapolis, stated Monday that the Federal Reserve’s current monetary policy might not be as tight as previously assumed, given the evolving economic conditions. Kashkari asserted that the perceived tightness of the Federal Reserve...

Goldman Sachs has moved its prediction for the first Federal Reserve interest rate cut from March to May. This adjustment comes in the wake of the January Federal Open Market Committee (FOMC) meeting, which was marked by Fed Chair Jerome Powell‘s apparent unwavering stance on monetary policy...

It’s Fed day, with investors on edge as they anxiously await the first Federal Open Market Committee (FOMC) meeting of 2024. While the decision itself is practically a done deal, with the Fed widely expected to maintain interest rates in the 5.25% to 5.50% range, all eyes are on the nuances...

There’s little doubt that the Federal Reserve Open Market Committee (FOMC) meeting this Wednesday will opt to maintain interest rates unchanged within the 5.25% to 5.5% range while also keeping their quantitative tightening program running at the same pace. But, the real focus lies in the...

The S&P 500 Index, a widely-followed gauge of the U.S. stock market, achieved a fresh all-time high Friday. The index reached a level of 4,826 during intraday trading, surpassing previous peak levels seen over two years ago on Jan. 4, 2021. Similarly, the SPDR S&P 500 ETF (NYSE:SPY), which...

In the final of our three outlook notes we are going to review 2023 with an eye on the future. Rather than getting bogged down with details, we are going to discuss our differentiated perspectives on economic output, inflation, policy, equities, fixed income and other asset prices. We aren’t...

While the week started on a high note of $43,800 for Bitcoin (CRYPTO: BTC), it didn't reach that level again for the rest of the week. The crypto’s apex king reported a 4% drop in the past 7-days trade while Ethereum (CRYPTO: ETH) saw a 4.6% fall in the same timeframe. Currently, the...

Over $160 million in cryptocurrency futures were liquidated, following the latest monetary policy decision from the Federal Reserve.  What Happened: The U.S. central bank maintained its key interest rate for the third consecutive time, signaling potential rate cuts in the coming years, starting...

The cryptocurrency market has demonstrated resilience despite the U.S. Federal Reserve holding interest rates at their current level. Prices of major digital assets continue to rise. Bitcoin (CRYPTO: BTC), for example, witnessed a notable increase in its price, currently trading at approximately $...

The Federal Reserve came into 2023 with headline inflation at 6.5% and with interest rates already at 4.25%-4.5%. At this point, inflation had already come down from its peak of 9.1%, and analysts believed the central bank would only make one more hike — with the main rate peaking at 4.5%-4.75%....

As the global financial community turns its eyes to the upcoming Federal Open Market Committee (FOMC) meeting scheduled for Wednesday, Bitcoin (CRYPTO: BTC) has retreated below the $41,000 threshold, with crypto analysts forecasting a bumpy road ahead for the king crypto. What Happened: Ali, a...

“Mad Money” host Jim Cramer highlighted the potential risk speculative buying poses to the ongoing market rally, warning investors of a potential market downfall. What Happened: Cramer, in his Tuesday night broadcast, unraveled the stages of the current market rally. He warned of the...

The Federal Reserve‘s policy-setting arm, the Federal Open Market Committee, kicks off a two-day meeting on Tuesday, with the futures market pricing in another pause decision. Tesla investor and CEO of Gerber Kawasaki Wealth and Investment Management, Ross Gerber,...