FOMC

Tuesday sees a risk-averse sentiment prevailing in the equity markets, with every sector on Wall Street showing losses as investors await Wednesday’s FOMC meeting. As the Federal Reserve is widely expected to maintain current interest rates, there is growing concern about the possibility of...

As the world watched for a general decline in inflation, a potential 2023 economic surprise might be right around the corner: oil prices surpassing $100 a barrel. Fueled by supply constraints from major oil-producing nations such as Saudi Arabia and Russia, and coupled with an unexpected display of...

As you can see, the quarterly chart on $SPX is a DOJI... This shows some indecision at these levels so far, but we want to see if the quarter closes red (caution for bulls) or green - to see if the wave continues. There are multiple counts as we discussed... and we are watching the quarterly close...

In a bold move, Goldman Sachs is betting against the prospect of further Federal Reserve interest rate hikes. David Mericle, an economist at the firm, doubled down on this prediction in a recent note to clients. As the Federal Open Market Committee (FOMC) gears up for its meeting Wednesday, the...

Take a screen shot of wherever you are reading this article, whether it is on Benzinga, Webull or TOS, and tag @Mandotrading and @Benzinga in the tweet for a FREE membership to my daily newsletter, Markets with Mando!  ES Weekly - Nothing too crazy last week, despite both CPI and PPI data...

Bitcoin (CRYPTO: BTC) appears to be holding the $26,500 level as market conditions return to a state of relative calm. What Happened: Traders and investors are now eagerly anticipating the outcome of the upcoming Federal Reserve’s Federal Open Market Committee (FOMC) meeting, slated for...

The August Consumer Price Index (CPI) report showed that consumer inflation increased by slightly more than expected during the month. Headline consumer inflation rose to 3.7% on a year-over-year basis, up from July’s 3.2% increase. This was driven by a 0.6% rise in headline consumer prices...

Inflation will be front and center next week with a highly anticipated economic report due ahead of the upcoming Federal Reserve policy meeting scheduled for Sept. 23.The August consumer price index report from the Bureau of Labor Statistics is set to be released Wednesday. The prevailing consensus...

Regional banks took a hit earlier this year due to the Federal Reserve's rate-hiking cycle, several executives implementing poor risk management strategies, and attractive of money market rates. That said, given this so called "goldilocks" scenario many believe in, we may witness...

Once again in the spotlight, Brent crude oil prices, are at their highest levels this year. This is largely due to anticipated further reductions in oil output from major exporting countries. In a surprising move, Saudi Arabia has hinted at even more significant production cutbacks in the near...

The U.S. dollar is currently on an eight-week winning streak, flexing its muscles to reach levels not seen since February 2023. While this surge may suggest imminent rate hikes, the latest Federal Reserve signals and economic data actually tell a different tale. The Dollar Index Takes Off The U.S...

If investors hoped that the recent Jackson Hole symposium would clarify the Fed’s direction on interest rates, it appears to have only added more ambiguity to the market. Fed Chair Jerome Powell‘s speech carried both hawkish and dovish undertones. He asserted the Fed’s...

FOMC member and Cleveland Fed President Loretta Mester echoed comments from Fed Chairman Jerome Powell that there is a long ways to go to improve inflation. Here’s a look at what Mester had to say about the current state of the economy and what’s ahead. What Happened: Mester, the...

Following Federal Reserve Chair Jerome Powell’s opening remarks at the Jackson Hole Symposium, Patrick Harker, president of the Federal Reserve Bank of Philadelphia, offered his perspective. Harker’s message took a more dovish turn compared to the board chairman’s stance, which...

Economists and central bankers are preparing to gather at the Federal Reserve‘s scenic retreat in Jackson Hole, Wyoming. The symposium, which takes place from Aug. 24-26, will emphasize diversity in terms of region, background, and industry. This year’s theme, “Structural Shifts...