Wall Street’s favorite trade of the year is facing a “perfect storm” as the Federal Reserve prepares to exit the emergency measures put in place during the pandemic, according to Bank of America.
Copper is getting crushed in the worst week since March of 2020.
The Federal Reserve kept interest rates steady at its latest meeting, but they could be going up soon. Here's what will happen then, and what you should do with your finances to prepare.
U.S. equity futures are trading mixed ahead of the final trading day of the week.
The Nasdaq Composite neared a record high Thursday as investors rotated into growth stocks after digesting the Federal Reserve’s plan to exit from the emergency measures put in place during the COVID-19 pandemic.
Federal Reserve Chair Jerome Powell said on Wednesday that the U.S. is on a path to a “very strong labor market” as he noted that Americans will have opportunities to return to work.
U.S. equity futures were trading lower after Federal Reserve officials indicated they expect higher interest rates by late 2023.
Federal Reserve Chairman Jerome Powell on Wednesday used the recent plunge in lumber prices as an example of why the central bank thinks the recent surge in inflation will be transitory.
Federal Reserve Chairman Jerome Powell maintained that a recent surge in consumer prices is likely transitory – but warned the increase may ultimately be “higher and more persistent” than expected.
U.S. equity markets tumbled Wednesday after the Federal Reserve reiterated its belief that inflation is "transitory," but said that rate hikes will likely begin in 2023.
The Federal Reserve said Wednesday that it would maintain ultra-low interest rates and reaffirmed its commitment to other easing policies
The Federal Reserve says inflation is "transitory" and plans rate by 2023.
U.S. equity futures are little changed ahead of the Wednesday trading session and the conclusion of the Federal Reserve's policy meeting.
Federal Reserve officials on Wednesday are expected to at least flag the pending start of talks about when and how to exit from the crisis-era policies the U.S. central bank put in place at the onset of the coronavirus pandemic last year.
New York Stock Exchange senior market strategist Michael Reinking told FOX Business that he does not expect any major policy shifts during the meeting of the Federal Reserve this week, saying he expects a "tranquil taper" as opposed to the "taper tantrum" seen in 2013.
The majority of big money managers are in agreement with the Federal Reserve's assessment that inflation is temporary as the central bank readies its latest policy decision.
Federal Reserve policymakers are meeting this week against the backdrop of conflicting economic data.
Stocks rallied to record highs Monday, finishing on their best levels of the session, as traders readied for the Federal Reserve’s upcoming meeting.
Investors have faith in the Fed. Over the past three months consumer prices, excluding volatile food and energy, have risen 2%, equivalent to a shockingly high annual rate of 8.2%. Rather than panic and dump bonds, investors have piled into Treasurys and pushed 10-year yields back down to where they stood in late February. Confidence in the central bank is absolute.
U.S. equity futures were trading higher the morning after the S&P 500 notched another record high despite a surge in consumer prices in May.