Economy

Low bar for September Fed rate cut, jobs data now key

The Federal Open Market Committee (FOMC) delivered a largely expected message during its July meeting. While he did not give specific guidance, Chairman Jerome Powel signaled that the committee is mov

Fed Chair Powell's speech 'firmly risk positive': Evercore

Federal Reserve Chairman Jerome Powell indicated a potential interest rate cut in the upcoming September meeting, a move that has been widely expected.

Fed keeps rates steady, but acknowledges inflation progress

Investing.com -- The Federal Reserve left interest rates unchanged Wednesday, but acknowledged recent progress on inflation and cooling in the labor market, stoking investor hopes that the central ban

Fed decision, BOJ, Microsoft, Meta Platforms - what's moving markets

BOJ hikes interest rates by 15 bps; to halve bond purchases by 2026

Investing.com-- The Bank of Japan raised interest rates by 15 basis points on Wednesday and said it will gradually halve its pace of monthly bond purchases by 2026 as it winds down its ultra-dovish po

The JOLTS data point to a labor market that has normalized: economists

The latest Job Openings and Labor Turnover Survey (JOLTS) indicated a slight easing in the labor market, with job openings in June registering at 8.18 million, a modest decline from the revised May fi

Piper Sandler says investors should take Trump seriously on trade

Investing.com -- Piper Sandler, in a note dated Tuesday, has reviewed its election portfolios in light of the possibility of Kamala Harris being at the top of the Democratic ticket, concluding that th

FOMC meeting: Citi says 'risks skew dovish'

As the Federal Open Market Committee (FOMC) kicks off its two-day meeting, analysts at Citi said in a note Tuesday that the risks are skewed towards a dovish outcome.

Fed meeting, Microsoft earns, BP dividend - what's moving markets

BOJ preview: rate hike uncertain, but QE exit in sight

Investing.com-- The Bank of Japan is set to conclude a two-day meeting on Wednesday, with analysts split over whether the central bank will hike interest rates, especially amid recent volatility in th

Treasury cuts Q3 borrowing estimate as slower pace of QT boosts cash balance

Investing.com -- The U.S. Treasury on Monday cut its estimate for federal borrowing for the third quarter amid a higher-than-expected cash balance.

FOMC to leave rates unchanged this week; may lay groundwork for September cut

Federal Reserve officials are widely expected to hold rates steady on Wednesday but are anticipated to signal that the first 25 basis point (bps) rate cut could come at the next meeting in September.

Terminal Federal Funds Rate to hit 3.25-3.50% in 2025: Citi

Citi analysts anticipate significant changes in the Federal Reserve's monetary policy, projecting that the terminal federal funds rate will decline to 3.25-3.50% by 2025.

Central bank meetings, Apple, corporate earnings - what's moving markets

Goldman Sachs: Fed to indicate September rate cut 'more likely'

Recent comments from Federal Reserve officials signal they will likely remain on hold at their upcoming meeting, but the prospect of a first interest rate cut has become more probable, according to Go

Fed unlikely to cut rates next week, but may send clear signal on September cut

Investing.com -- The Federal Reserve's meeting next week is expected to come to soon for rate cuts, but central bank will likely take the opportunity to set the stage for a September rate cut followin

Today's PCE report won't change the backdrop for the Fed: Wall Street

The Personal Consumption Expenditures (PCE) price index, a key inflation gauge that the Federal Reserve closely monitors, showed only a modest increase in June.

BofA's out-of-consensus call: Fed will cut just once this year

Bank of America (NYSE:BAC) economists expect the Federal Reserve to maintain its policy rate unchanged in July while indicating that progress on reducing inflation has resumed.

FOMC statement will open the door to a September cut: Morgan Stanley

Morgan Stanley (NYSE:MS) analysts anticipate that the Federal Reserve's upcoming July meeting will pave the way for a rate cut in September.

Despite election outcome, Fed will cut rates in September and through 2025: Citi

The Federal Reserve's path for monetary policy likely remains unaffected by the outcome of the upcoming U.S. presidential election or the composition of Congress, Citi economists said in a Thursday no