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Stocks Turn Higher After Powell Comments
The Wall Street Journal· 4 days agoInvestors are parsing his remarks for clues about the possible path for rates this year and beyond. Data Tuesday...Stock indexes were in the green. The...
Nasdaq slips after Fed signals no change to rates
Proactive Investors· 5 days agoStocks ended Wednesday on a mixed note following remarks from Federal Reserve Chair Jerome Powell, who stated that it is "unlikely" the next policy move...
Fed meeting: the hawkish pivot that never was, and the massive surge in the yen
The Forex Market· 4 days agoThe Fed’s latest meeting is over, and once more it has left its mark on financial markets. The Fed...
USD/JPY Slides – Did Tokyo Intervene Once Again? | Investing.com
Investing.com· 4 days agoThe Japanese yen fell as much as 1% earlier and on Thursday but has pared most of those losses. The...
FOMC in the rear-view mirror – NFP eyed
The Forex Market· 3 days agoThe update from May’s FOMC rate announcement proved more dovish than expected, which naturally weighed on the US dollar (sending the DXY to lows of...
Federal Reserve Meeting Preview: High Interest Rates 'Need More Time To Work,' Bank of America Says
Benzinga via Yahoo Finance· 7 days agoRecent inflation surprises have left the Federal Reserve without sufficient confidence to consider...
Treasury yields end at lowest levels in at least a week after Fed’s Powell sees unlikely chance of a...
Market Watch· 5 days agoThe yield on the 2-year Treasury BX:TMUBMUSD02Y fell 10.4 basis points to 4.939%, from 5.043% on Tuesday. During his post-meeting press conference, Fed Chair Jerome Powell told reporters that ...
Why Investors Can Ignore the Fed’s Interest Rate Decision This Week
The State· 5 days agoThe Federal Reserve’s third Federal Open Market Committee (FOMC) meeting of 2024 is underway. During the meetings, the central bank strategizes its monetary policy, which routinely sends the ...
All Eyes on Fed Rate Decision: Key Stocks to Watch
Zacks· 5 days agoInvestors are hoping to avoid a replay of January’s outcome, which saw the worst performance for the S&P 500 on a Fed day dating back to March 2023 (and...
Stock Market Today: Stocks gain as Powell nixes rate hikes; Apple on deck
TheStreet via Yahoo Finance· 4 days agoThe hawkish stance reflected, however, a caveat: Powell's rejection of a pending rate hike, which...