Markets are on edge this week as Federal Reserve officials prepare to signal whether they still believe three interest rate cuts are likely in 2024. That new projection on Wednesday will come in the form of a so-called “dot plot,” a chart updated quarterly that shows the prediction of each Fed official about the direction
A serious 10-year yield and mortgage rate talk My work on housing moves around the 10-year yield and the economics that move that. The growth rate of inflation has fallen a lot on the year-over-year data, but mortgage rates haven’t gone down, which isn’t surprising to me as my mantra has been: “Labor over Inflation.”
Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. The Federal Reserve meeting and AI events from Nvidia (NVDA) and Microsoft (MSFT) headline the coming week. X The stock market rally had a mixed week. The Dow Jones and S&P 500 were little changed while the Nasdaq and small-cap
(Bloomberg) — The stock market fell as big tech sold off and a pile of options expiring Friday threatened to trigger sudden price swings. Most Read from Bloomberg Wall Street is facing a quarterly episode ominously known as triple witching in which derivatives contracts tied to stocks, index options and futures are scheduled to mature
Stock market investors on Wall Street in the week ahead will keenly watch for inflation data among the other economic reports. The upcoming economic reports can provide investors clues on the US Federal Reserve’s rate cut plans later in the year. Last week, investors’ hopes were bolstered about interest rates cut after Federal Reserve chair
Stock market investors on Wall Street in the week ahead will be watching key economic data including consumer price index, producer price index and industrial production report. Apart from the US economic data, some key earnings including Coca-Cola, Shopify, Cisco, and Sony will also be the focus of the investors. Economic events On February 13,
Bitcoin and cryptocurrencies—including major coins ethereum and XRPXRP—have rocketed higher in recent weeks (despite a serious Federal Reserve warning). Subscribe now to Forbes’ CryptoAsset & Blockchain Advisor and “uncover blockchain blockbusters poised for 1,000% plus gains” ahead of next year’s historical bitcoin halving! The bitcoin price has climbed to within touching distance of $50,000 per
With Britain expecting a general election later this year, the ruling Conservatives and Labour opposition are drawing up rival plans to help a key demographic: aspiring homeowners. An affordability crisis linked to decades of underinvestment in new homes — plus years of rock-bottom interest rates that pushed up property values — have piled pressure on
The major focus of the stock market investors on Wall Street in the week ahead will be on the US Federal Reserve’s monetary policy meeting scheduled for January 30-31 and chairman Jerome Powell’s subsequent press conference. The US central bank is widely expected to keep interest rates unchanged, but investors and traders will look for
BitcoinBTC and crypto prices have bounced back from their 2022 price crash (with a U.S. dollar “paradigm shift” underway that could rock the financial system). Subscribe now to Forbes’ CryptoAsset & Blockchain Advisor and “uncover blockchain blockbusters poised for 1,000% plus gains” ahead of next year’s historical bitcoin halving! The bitcoin price has climbed by