Federal Reserve

Here are the key events taking place on Wednesday that could impact trading, including the Feed's decision on interest rates as well as the latest inflation report on import and export prices.

The Fed is under mounting pressure to cool inflation with more aggressive interest rate hikes after consumer prices accelerated faster than expected last week.

Geoffrey Okamoto, former first deputy managing director at the International Monetary Fund, explained why he believes inflation could reach 9% on an annualized basis.

The closely watched spread between the 2-year and 10-year Treasury yields inverted again on Tuesday, a reliable indicator on Wall Street that a recession is looming on the horizon.

Federal Reserve Bank of Philadelphia board member Chris Maher weighs in on whether the U.S. can expect a recession as the central bank moves to try and curb runaway inflation.

The producer price index, which measures inflation at the wholesale level before it reaches consumers, accelerated again in May, the Labor Department said on Tuesday.

Odds on Wall Street are growing that the Federal Reserve will inadvertently trigger an economic recession as it moves to cool sizzling-hot inflation with a series of rate hikes.

Here are the key events taking place on Tuesday that could impact trading including news about U.S. markets, inflation data, The Fed and tech news.

Stock investors are getting crushed as the S&P 500 fell into a fresh bear market and the Federal Reserve debates its options.

Hotter-than-expected inflation could force the Federal Reserve to take a drastic step next month with a 100-basis point interest rate hike, according to Wall Street traders.

The New York Federal Reserve said Monday that Americans ramped up their inflation expectations in May, creating new challenges for the U.S. central bank as it tries to cool prices.

Economist Mohamed El-Erian on Sunday said that had the Federal Reserve acted earlier, it could have avoided most of the record high inflation currently effecting Americans.

The Federal Reserve may lift interest rates by 75-basis points in June or July following the hotter-than-expected inflation report released on Friday as it seeks to cool prices.

The May consumer price report, released on Friday, sheds light on whether inflation is peaking, or whether consumers will continue to face rising costs in coming months.

The May inflation report is expected to show that consumer prices accelerated again last month, with soaring consumer prices continuing to inflict financial pain on most Americans.

The Federal Reserve Bank of Atlanta's closely watched GDP tracker shows that GDP growth likely cooled markedly in the spring, meaning the economy could easily tip into a recession.

Former Chase chief economist Anthony Chan reacts to his friend JP Morgan Chase CEO Jamie Dimon's warning that a "hurricane" is on the horizon for the economy.

Mendon Capital Advisors president and CIO Anton Schutz compared the current market turbulence to when the dot-com bubble burst and warned that markets “may not have found a bottom yet.”

The Labor Department's May jobs report came in better than expected, paving the way for a series of half-point rate hikes at upcoming Federal Reserve meetings.

The Federal Reserve may successfully engineer a "soft landing," and bring inflation down without causing a recession, according to Goldman Sachs economists.