Beichen Lin News Today

The Federal Reserve kept the fed funds target rate at 5.25% to 5.5%, but investors will look for insight from Chair Jerome Powell.

The Federal Reserve kept the fed funds target rate at 5.25% to 5.5%, but investors will look for insight from Chair Jerome Powell.

The March jobs report showed the US economy added 303,000 positions and the unemployment rate fell to 3.8%. That far surpasses expectations for 205,000 jobs to be added and underscores the ongoing resilience of the US labor market.

The rate of inflation is slowing. How quickly it slows toward low pre-pandemic levels will determine when the Federal Reserve cuts interest rates and brings...

MARKET WRAPS Watch For: Manufacturing PMI for Eurozone, France, Germany, Italy; ECB Executive Board Member Philip Lane delivers a lecture on Monetary Policy Tightening in the Euro Area;... -November 02, 2023 at 01:15 am EDT - MarketScreener

The central bank held rates steady at the conclusion of its meeting on Wednesday.

The central bank held rates steady at the conclusion of its meeting on Wednesday.

The central bank boosted rates by a quarter percentage point on Wednesday, bringing the benchmark borrowing rate to a range of 5.25%-5.5%.

The central bank boosted rates by a quarter percentage point on Wednesday, bringing the benchmark borrowing rate to a range of 5.25%-5.5%.

The outlook on China stimulus. Bank of Canada slows pace of rate hikes. Q3 earnings season update