Skip to content Skip to sidebar Skip to footer

Federal Reserve Poised for First Rate Cut Since 2020 as Inflation Eases and Job Market Weakens

The Federal Reserve is poised to deliver its first interest rate cut since 2020 next week, a move that consumers, businesses and investors alike have been eagerly awaiting. The Federal Reserve is widely expected to lower its benchmark interest rate when it meets on Wednesday, marking the first rate cut in more than four years.…

ByPexecoSeptember 14, 20240Comments

News

British Pound Surges Amid Fed’s Dovish Shift

The British pound surged to its highest level against the US dollar, driven by the Bank of England's more hawkish stance compared to the Federal Reserve's outlook at the Jackson Hole Symposium last Friday. The pound also rose sharply against other G-10 currencies following the symposium, a key event hosted by the Federal Reserve in…

ByPexecoAugust 26, 20240Comments

News

Why Stocks Just Had Their Most Volatile Two Weeks in Over a Year

KEY TAKEWAYS Stock market volatility has surged in recent weeks. Over the last 10 days, the S&P 500's average daily move was 1.02%, the highest since March 2023. There wasn’t a single day that the S&P 500 moved more than 1% between June 6 and July 9, two days before a soft inflation report surprised…

ByPexecoAugust 4, 20240Comments

News

What To Expect on Interest Rates From Next Week’s Fed Meeting

KEY TAKEWAYS The Federal Reserve is widely expected to maintain its influential interest rate at its current 23-year-high level when officials make policy decisions on Wednesday. Inflation moderated in the second quarter and the job market has continued softening, factors that will likely encourage the Fed to cut interest rates in the coming months. Market…

ByPexecoJuly 28, 20240Comments

Finance News

Fed Chair Sees ‘Significant Progress’ on Inflation. What Does That Mean?

KEY TAKEWAYS Federal Reserve Chair Jerome Powell told a European banking conference the U.S. has made ‘significant progress’ on inflation. However, he said he wanted more data before moving to cut interest rates. Powell didn’t offer a timeline for interest rate cuts. While inflation is likely to continue to trend lower, it likely won’t reach…

ByPexecoJuly 9, 20240Comments

Economic Calendar

What To Expect in the Markets This Week 10-14JUN2024

KEY TAKEAWAYS The Federal Reserve is expected to keep interest rates steady this week, putting the focus on officials' projections for the timing of potential cuts and the trajectory of the economy. The Consumer Price Index (CPI) report will show whether inflation continues to cool after heating up earlier this year. Apple's big developers conference…

ByPexecoJune 9, 20240Comments

European Central Bank ready to cut?

Oil prices are uncertain as to which direction to take

ECB June cut in the works?

Gold Outlook: Petraces from all-time highs

Germany’s HICP rates in sight

Equities report: Equities send out mixed signals

Federal Reserve Poised for First Rate Cut Since 2020 as Inflation Eases and Job Market Weakens

British Pound Surges Amid Fed’s Dovish Shift

Why Stocks Just Had Their Most Volatile Two Weeks in Over a Year

What To Expect on Interest Rates From Next Week’s Fed Meeting

Fed Chair Sees ‘Significant Progress’ on Inflation. What Does That Mean?

What To Expect in the Markets This Week 10-14JUN2024