Economy

UK general election draws near. Here are the need-to-knows

Strategas still sees a 30% chance of a U.S. recession in 2024

Despite recent economic turbulence, Strategas analysts maintain a cautious outlook for the U.S. economy, predicting a 30% chance of a recession in 2024.

Futures dip, Salesforce forecast falls short of estimates - what's moving markets

Investing.com -- U.S. futures inch lower on Thursday following a drop in equities in the previous session, with concerns rising over weak Treasury sales and the outlook for possible Federal Reserve in

Economic outlook more pessimistic as consumers feel inflation pinch: Fed

Investing.com -- The economic outlook grew "somewhat more pessimistic" continued to expand in recent weeks, but consumers are starting to feel the inflation pinch as wage growth continues to normalize

Futures lower, Salesforce to report - what's moving markets

Investing.com -- U.S. futures point lower following a mixed session on Wall Street on Tuesday, with traders keeping a close eye on upcoming inflation data later this week. Salesforce (NYSE:CRM)'s Data

Rate hikes aren't completely ruled out, says Fed's Kashkari

Neel Kashkari, President of the Federal Reserve Bank of Minneapolis, said Tuesday that the US central bank's policy stance remains restrictive, however, he added that policymakers have not completely

Fed’s Kashkari wants ‘many more months’ of positive inflation data before rate cut

The Federal Reserve should wait for more substantial progress on inflation before considering interest rate cuts, Minneapolis Federal Reserve President Neel Kashkari told CNBC on Tuesday.

U.S. futures tick higher, consumer confidence survey ahead - what's moving markets

Investing.com -- U.S. stock futures point higher as traders return to their desks after a public holiday on Monday. The release of the Federal Reserve's preferred inflation measure later in the week i

PCE data ahead this week, ECB's rate path in focus - what's moving markets

Investing.com -- Investors are looking ahead to fresh U.S. inflation data later in the holiday-shortened week, with stock markets on Wall Street closed for Memorial Day on Monday. The European Central

ING: German economy overcomes stagnation with GDP growth

Investing.com - The German economy is showing signs of a gradual turnaround. GDP growth in the first quarter indicates a shift in the economic cycle, but analysts like Carsten Brzeski, Global Head of

Starwood REIT limits withdrawals to preserve liquidity

Decoding India's 2024 Elections: Market Dynamics and Potential Outcomes

This article first appeared in Investing.com

Ignore hawkish FOMC minutes, Fed will cut rates in 2024: UBS

Despite the hawkish tone in the latest Federal Open Market Committee (FOMC) minutes, UBS analysts remain confident that the Federal Reserve will cut rates in 2024.

U.S. futures muted, Intuit's free TurboTax users slip - what's moving markets

Investing.com -- U.S. stock futures hover around the flatline heading into the final trading day of the week following a dip in the major averages on Thursday. Intuit (NASDAQ:INTU) shares slip in exte

Inflation remains on path to 2% target, but at slow pace, Fed's Bostic says

"The couple of inflation numbers suggest it's going back to 2%, but going slow," Bostic said Thursday, adding that the fed can afford to wait as the underlying strength in the job market suggests a re

Investors expecting Fed rate cuts to start in September, Strategas survey shows

A recent survey by Strategas reveals that investors are largely anticipating the Federal Reserve to commence rate cuts in September, despite persistent hawkish sentiments.

'Biden’s efforts to win votes feels unprecedented': Piper Sandler

US President Joe Biden’s efforts to secure votes for the upcoming election “feel unprecedented,” Piper Sandler analysts said in a Wednesday note, with some actions bordering on illegality and li

FOMC reaction: Wall Street discusses what will the Fed do next

Federal Reserve officials raised a growing concern about inflation at their most recent meeting, with members showing a lack of confidence to proceed with interest rate reductions.

Nvidia's blowout results, OpenAI-News Corp content deal - what's moving markets

Investing.com -- U.S. futures move higher, with traders assessing the implications of a fresh quarter of soaring returns from artificial intelligence-darling Nvidia (NASDAQ:NVDA). The semiconductor gr

Fed members back wait and see approach on worries of stalling disinflation

Investing.com – Federal Reserve policymakers continued to back the central bank’s current wait and see approach amid worries the disinflation process could take longer than previously expected, ac