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The Fed likely won't cut rates until after a recession strikes, research firm says
Business Insider· 24 hours agoThe Fed likely won't cut interest rates until after a recession arrives, according to GlobalData TS...
Mexican Peso rises after Powell’s comments and Fed hold rates
The Forex Market· 2 days agoFed Chair Jerome Powell underscored a cautious, data-dependent approach to future monetary policy...
Jobs Report Boosts Investors' Confidence in Rate Cuts This Year
The Wall Street Journal· 5 hours agoFriday's weaker-than-expected jobs report is pushing Wall Street to bet more aggressively that the...
U.S. Stocks May See Early Strength As Traders Digest Fed Announcement
RTT News· 1 day agoThe upward momentum on Wall Street comes amid easing concerns the Fed's next monetary policy move could actually be an interest rate hike rather than a ...
Powell: Rate cuts will take ‘longer than previously expected’
The Hill via Yahoo Finance· 2 days agoFederal Reserve Chair Jerome Powell confirmed Wednesday that the central bank is pushing back its...
Fed Puts Rate Cuts on Backburner, but Hikes Unlikely
The Conference Board· 3 days agoChair Powell said that the Fed is prepared to keep rates higher for longer to confront the sticky inflation rates seen in early 2024, but that additional rate hikes were unlikely ...
US Dollar declines following Powell's presser
The Forex Market· 2 days agoJerome Powell pointed out that the progress on inflation stagnated but that it was on track to the 2% target. The US Dollar Index (DXY) tumbled to 105.45...
Fed Puts the Market's Mind at Ease About Hikes
TheStreet.com· 2 days ago* The stock market sighs in relief as Powell signals rate hikes are off the table. The message of the Fed’s latest policy statement is out and Fed Chair...
The Fed Will Be Stuck On Hold Until Something Gives
Barrons.com· 1 day agoMembers of the Federal Open Market Committee voted unanimously on Wednesday to keep interest rates steady, as widely expected by markets and...
Forex Today: US Dollar struggles to rebound as markets assess Fed announcements
The Forex Market· 1 day agoHere is what you need to know on Thursday, May 2: The US Dollar (USD) suffered large losses against...