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Powell Signals End of Rate Hikes, Wall Street Surges
Federal Reserve Chair Jerome Powell signaled a major shift towards cutting interest rates during his speech at the Jackson Hole Economic Symposium.
August 23, 2024Gold Hits $2,013 and Sets a 6-Month High as the US Dollar Retreats
Gold rose to a 6-month high on Monday after recent upbeat economic data weakened the US dollar.
November 27, 2023Fed Minutes Due Today, Here’s What the Market Expects
New Fed minutes data is expected to include a "superficially hawkish rhetoric" that rate-hiking cycle may not be over. However, that's not what investors actually think.
November 21, 202388% Chance of No Hike at Next FOMC Meeting: CME FedWatch Tool
The odds of skipping a rate hike in September currently sit at 88.5%, per fed funds futures data.
August 31, 2023US Annual CPI at 4% in May: What’s Next for the Fed?
The Fed is set to meet on June 14 and decide its next policy move.
June 13, 2023