After finally receiving the Federal Reserve’s highly anticipated interest rate cut, investors are now bracing for the upcoming September jobs report. Citi head of US equity trading strategy Stuart Kaiser joins Catalysts to discuss the Fed’s decision and the outlook for the labor market. “Both the Fed and the market now are a little bit…
The Federal Reserve’s half-percentage-point interest rate cut could have shaken markets had it exacerbated investor fears that the central bank was preparing for an economic slowdown. Instead, Fed Chair Powell appears to have convinced investors the central bank is cutting rates to keep the economy on track, not to save it. Stocks surged Thursday following…
By Lewis Krauskopf and Davide Barbuscia NEW YORK (Reuters) – One of the most consequential Federal Reserve meetings in recent history has put investors’ focus squarely on one question: whether the central bank has kicked off its rate cutting cycle in time to keep the economy from slowing too rapidly. The Fed delivered a 50…
Hotter-than-expected readings on consumer prices — and on some wholesale prices — this week led markets to price in a higher likelihood that the Federal Reserve will opt for a smaller, more conservative interest rate cut at its September meeting. But a confluence of events later in the week once again revived bets of a…
Tierney L. Cross / Bloomberg / Getty Images Federal Reserve Chair Jerome Powell, during an Economic Club of Washington event in Washington, DC, on July 15, 2024. Key Takeaways The Federal Reserve is set to cut interest rates at its policy meeting next week, but some economists wonder whether the central bank has waited too…