Page 2 - He Fed News Today

The most anticipated economic report of the month showed that inflation has not just stalled, but increased. The news almost certainly rules out a rate cut in June, and traders are increasingly skeptical there will be more than a couple cuts in 2024, if any at all. Consumer prices in March were up 3.5% from […]

The Federal Reserve should avoid tackling politically-charged issues like climate change without Congressional approval if it is to maintain public trust in the institution, the head of the US central bank said Wednesday.The Fed should avoid "mission creep" in order to "maintain the public's trust" in the institution, Powell said. 

Federal Reserve Chair Jay Powell doubled down on his belief that inflation was on a 'bumpy' path down to 2% and that central bank officials expect to lower rates at 'some point' this year.

(Bloomberg) -- Federal Reserve Chair Jerome Powell repeated that the US central bank isn’t in any rush to cut interest rates as policymakers await more evidence that inflation is contained.Most Read from BloombergFed’s Preferred Inflation Metric Cools While Spending ReboundsTesla’s $25,000 Car Means Tossing Out the 100-Year-Old Assembly LineApple Plans New iPad Pro for May as Production Ramps Up OverseasBankman-Fried Is Sentenced to 25 Years in Prison Over FTX CollapseSBF&#x...

In this article, we will be taking a look at the 16 most undervalued large-cap stocks to buy according to analysts. To skip our detailed analysis of current stock market dynamics, you can go directly to see the 5 Most Undervalued Large-Cap Stocks To Buy According To Analysts. The Fed’s March Decision On March 20, […]

U.S. inflation continued to outpace expectations in February as prices on consumer goods and services inched up .4% from the previous month and 3.2% from the same time last year, according to a federal report released Tuesday. The main culprits behind the uptick, according to Labor Department’s Consumer Price Index Summary for February, are energy prices and the cost of shelter. Changes in the cost of shelter have an outsize impact on the consumer price index as the metric accounts for ...

"Despite the stickiness of inflation, current Fed policy is clearly restrictive," Jeffrey Roach, Chief Economist for LPL Financial, wrote.

Federal Reserve officials are keen to start debating their balance sheet run-down endgame, but benign market conditions, recent central banker comments and bond dealer estimates now suggest the process may run longer than previously thought. One factor driving the rethink is a puzzling bout of better-than-expected liquidity conditions in U.S. short-term financing markets that has for now at least forestalled a run of volatility that some on Wall Street had expected to force the Fed's hand ...

Investors will be hearing from five Fed presidents later in the week, listening for any clues about when the Fed might cut interest rates.

Credit for the markets extraordinarily strong week for stocks goes to the worlds leading AI stock, writes Bill Schmick. Nvidias corporate earnings and sales not only fulfilled the hopes of