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US Fed’s Bowman sees no urgency for another rate hike

Michelle Bowman, the Vice Chair for Supervision of the US Federal Reserve, spoke during the IMF-World Bank meetings in Bangkok. She stated that the central bank does not feel urgency for further rate hikes at this time. Bowman's comments came after a recent rate increase that set the target range…

The Economic Times · Oct 14

A Fed Member Supported The Latest Rate Hike. She Says Chances Of Elevated Inflation Are 'Notably Higher'

"With the labor market on a better footing, monetary policy can focus on a timely return to price stability, especially after five and a half years of too high inflation," Boston Fed President Susan Collins said.

International Business Times · Sep 23

Stocks Settle Mixed as Chipmakers Climb and Financial Stocks Fall

The S&P 500 Index ($SPX ) (SPY ) closed unchanged on Tuesday, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down by -0.36%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.82%. December E-mini S&P futures (ESZ26 ) fell -0.02%, and December E-mini Nasdaq futures...

Barchart · Sep 22

Stocks Settle Higher as Lower Crude Prices Ease Inflation Risks

The S&P 500 Index ($SPX ) (SPY ) closed up by +0.32% on Tuesday, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up by +0.30%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up by +0.64%. E-mini S&P futures (ESU26 ) rose +0.30%, and September E-mini...

Barchart · Aug 25

Dollar Slightly Lower on Strong Stocks and Weak Crude

The dollar index (DXY00 ) fell by -0.06% on Tuesday. The dollar gave up an early advance on Tuesday and posted modest losses on weaker-than-expected US economic news, including July new home sales and Aug consumer confidence. Also, Tuesday’s -3% plunge in WTI crude oil to a 1-week low lowered...

Barchart · Aug 25

Iran War's Oil Shock Seen Adding Inflation Pressure But Not Major Job Losses: Boston Fed Study

Federal Reserve researchers say rising oil prices linked to the war in Iran are already feeding inflation pressures. However, employment has remained largely stable across most regions.

International Business Times · Jun 5

Stocks Fall on Doubts About an Imminent US-Iran Peace Deal

The S&P 500 Index ($SPX ) (SPY ) on Thursday closed down -0.38%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.63%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.12%. June E-mini S&P futures (ESM26 ) fell -0.42%, and June E-mini Nasdaq futures...

Barchart · May 7

Dollar Recovers Early Losses as Stocks Retreat

The dollar index (DXY00 ) on Thursday rose by +0.14%. The dollar recovered from early losses on Thursday and moved higher after stocks gave up early gains and turned lower, boosting liquidity demand for the dollar. The dollar also found support on Thursday’s dollar-friendly news on weekly jobless claims, Q1...

Barchart · May 7

S&P 500 Reverses After Hitting Record High as Oil Prices Bounce Back

The S&P 500 Index ($SPX ) (SPY ) today is down -0.40%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.51%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.28%. Equity markets retreated this afternoon, erasing earlier gains as a resurgence in crude oil...

Barchart · May 7

Dollar Slips with Crude Oil on US-Iran Peace Hopes

The dollar index (DXY00 ) today is down by -0.14% but remains above Wednesday's 2.5-month low. Optimism that a peace deal between the US and Iran is imminent is curbing safe-haven demand for the dollar today. Also, today's -4% decline in crude oil prices eases inflation expectations and could prompt...

Barchart · May 7