S&P 500 futures gain after Meta, Amazon results as jobs report looms: Live updates
Strong tech earnings helped lift the broader Nasdaq on Friday, while investors also parsed the latest jobs report.
Source: nbclosangeles.com
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Traders pare bets on March start to Fed rate cuts
Traders on Wednesday trimmed bets the Federal Reserve will begin a series of interest-rate cuts as soon as March, and now see a May start to rate cuts as about as likely. The U.S central... -January 31, 2024 at 02:30 pm EST - MarketScreener
Source: marketscreener.com
Stocks, yields slide after Fed sends hawkish message
World shares slipped lower and Treasury prices pared gains after the Federal Reserve left interest rates unchanged as expected on Wednesday and indicated it would not reduce them until the pace of... -January 31, 2024 at 03:10 pm EST - MarketScreener
Source: marketscreener.com
Wall St ends lower after Fed holds rates steady, rules out March rate cut
* Fed holds key interest rate at 5.25%-5.50% * Inflation has eased ... but remains elevated - Fed Statement * New York...
Source: marketscreener.com
Traders pare bets on March start to Fed rate cuts
"I don't think it's likely that the committee will reach a level of confidence by the time of the March meeting" to reduce rates then, Powell said in a press conference following the U.S. central bank's decision to hold the policy rate in the current 5.25%-5.5% range, where it has been since July. Futures contracts tied to the Fed policy rate are pricing in only about a 35% chance of rate cuts starting in March. Before the Fed decision at 2 p.m. (1900 GMT) the probability of a March rate cut was seen at more than 60%.
Source: yahoo.com