Wall Street investors would have plenty of economic data to analyse in the week ahead. A key inflation – Federal Reserve-preferred Personal Consumption Expenditures (PCE) price index, flash PMI readings from the S&P, personal income and spending data, among other economic reports will be released. On Wednesday, the US central bank kept its interest rate…
The Federal Reserve provided relief to markets on Wednesday as the central bank continued to project a path for two interest rate cuts in 2025. But the one-day stock rally didn’t hold on Thursday and Friday, reflecting the feeling among many market strategists that the main issues plaguing the stock market over the past month…
As recession fears grow, many wonder how the housing market will react. While economic downturns bring uncertainty, history shows that the housing market can be robust. A new analysis from First American reveals that past recessions don’t always spell doom for real estate. For instance, during the pandemic in 2020, home sales initially dropped due…
US stock futures traded flat as Wall Street digested mixed messages from the Federal Reserve in the wake of its decision to hold interest rates steady. Futures attached to the Dow Jones Industrial Average (YM=F), the benchmark S&P 500 (ES=F), and the tech-heavy Nasdaq Composite (NQ=F) dipped 0.1%. CBOT – Delayed Quote • USD As…
For President Trump, the barrage of tariffs the U.S. is ready to unleash on the country’s largest trading partners on April 2 amounts to “Liberation Day,” as he described the trade measures Thursday on social media. To the Federal Reserve, as Chair Jerome Powell relayed on Wednesday, tariffs are a broadside on economic growth. Where…
WASHINGTON, DC — Federal Reserve Chair Jerome Powell speaks at a news conference following a Federal … [+] Open Market Committee (FOMC) meeting on March 19, 2025 in Washington, DC. (Photo by Sha Hanting/China News Service/VCG via Getty Images) China News Service via Getty Images The Federal Reserve’s Federal Open Market Committee (FOMC) held interest…
(Reuters) – Wall Street futures climbed on Thursday as investors drew confidence from the Federal Reserve’s signaling of more interest rate cuts this year despite uncertainties stemming from U.S. trade policies. The Fed opted to maintain current interest rates on Wednesday, a move widely anticipated by the market, but reaffirmed its forecast for two 25…
US stock futures rose as investors digested reassuring signals from Federal Reserve Chair Jerome Powell after the central bank held interest rates steady on Wednesday. On Thursday, futures attached to the Dow Jones Industrial Average (YM=F) edged up 0.08%. Futures linked to the benchmark S&P 500 (ES=F) rose 0.12%, while Nasdaq futures (NQ=F) gained 0.14%….
LITTLE ROCK (KATV) — The Federal Reserve is keeping interest rates unchanged. Analysts say today’s decision shows the central bank is waiting to see how the Trump Administration’s policy changes will shape the U.S. economy. Before this announcement, numbers put out by the Organisation for Economic Co-operation and Development on Monday provided a dim outlook…
By Rae Wee SINGAPORE (Reuters) – Asia shares were hobbled by weakness in Chinese markets on Thursday and struggled to build on Wall Street’s rally, even as investor sentiment was lifted by the prospect that the Federal Reserve could still deliver two rate cuts this year. The Fed on Wednesday left rates unchanged in a…