Mortgage lenders cut rates as gilt yields tumble “2024 will be the year of the cuts,” one economist said Evening Standard · Dec 14, 2023
Stock Index Futures Climb on Dovish Fed, U.S. Retail Sales Data and ECB Decision in Focus December S&P 500 futures (ESZ23) are up +0.29%, and December Nasdaq 100 E-Mini futures (NQZ23) are up +0.37% this morning as the Federal Reserve’s indication of interest-rate cuts next year boosted sentiment, while investors also awaited crucial U.S. retail sales data. Barchart · Dec 14, 2023
Stock Index Futures Climb as Dovish Fed Boosts Sentiment, U.S. Retail Sales Data and ECB Decision in Focus December S&P 500 futures (ESZ23) are up +0.29%, and December Nasdaq 100 E-Mini futures (NQZ23) are up +0.37% this morning as the Federal Reserve’s indication of interest-rate cuts next year boosted sentiment, while investors also awaited crucial U.S. retail sales data. Barchart · Dec 14, 2023
Stock market today: Asian shares are mostly higher after the Dow hits a record high, US dollar falls Shares are mostly higher in Asia after a powerful rally across Wall Street sent the Dow Jones Industrial Average to a record high as the Federal Reserve indicated that interest rate cuts are likely next year The Independent UK · Dec 14, 2023
Asian Stocks Track Record Day On Wall St, Dollar Extends Losses Asian markets rallied Thursday and the dollar extended losses after the Federal Reserve indicated it will begin cutting interest rates next year. International Business Times · Dec 14, 2023
The Fed’s declaration that rates may have peaked is ‘a long-awaited holiday present’ for Wall Street, sending the Dow to a record close “The bears are running for cover and may have to go into hibernation” after the Fed’s dovish outlook, said Chris Zaccarelli, chief investment officer of Independent Advisor Alliance. Fortune · Dec 13, 2023
Fed Keeps Its Rate Unchanged and Points at Cutting Next Year, Likely Influencing Other Central Banks The FOMC kept its federal funds rate between 5.25 and 5.5 percent, still at a 22-year-high. What it means for other economies Latin Times · Dec 13, 2023
Stock Market Today: Dow Closes at New High After Fed Signals Rate Cuts The central bank left rates unchanged at its December meeting, but hinted that several cuts are coming in 2024. Kiplinger · Dec 13, 2023
Fed Leaves Rates Unchanged, Projects Cuts in 2024: What the Experts Are Saying The Fed left interest rates at a 22-year high but forecast three cuts next year. Kiplinger · Dec 13, 2023
Federal Reserve expected to keep steady interest rates today Explore the latest insights on inflation, interest rates, and what's in store for the economy as the Federal Reserve closes its annual meeting. Top News · Dec 13, 2023
Federal Reserve may shed light on prospects for rate cuts in 2024 while keeping key rate unchanged Will the Federal Reserve cut its key interest rate sometime next year — and, if so, by how much The Independent UK · Dec 13, 2023
Asian Markets Mixed After US Inflation Data As Fed Decision Looms Markets were mixed Wednesday after an unremarkable US inflation report tempered expectations for an interest rate cut early next year, with attention moving to the Federal Reserve's policy statement later in the day. International Business Times · Dec 13, 2023
US Fed Pause Expected Amid Flurry Of Rate Decisions The US Federal Reserve will likely hold its key lending rate at a 22-year high on Wednesday -- the first of a series of crucial central bank decisions this week. International Business Times · Dec 13, 2023
November CPI Report: What the Experts Are Saying About Inflation An underwhelming CPI report means the Fed isn't done fighting inflation just yet. Kiplinger · Dec 12, 2023
Chicago Sun-Times · Dec 12, 2023 US consumer inflation eased slightly last month as gas prices fell, though some costs kept surging The mixed picture in Tuesday’s inflation report will likely keep the Federal Reserve on track to leave its benchmark interest rate unchanged when its latest meeting ends Wednesday.
The Independent UK · Dec 12, 2023 US inflation likely cooled again last month as Fed prepares to assess interest rates This year’s steady slowdown in U.S. inflation likely continued in November, though the latest data may also point to sharply higher prices in some areas of the economy
Fortune · Dec 11, 2023 Ed Yardeni says stocks are set to soar 30% over the next two years as his 'roaring 2020s scenario' plays out The veteran market watcher believes surging productivity and AI innovations will lift global stocks for the rest of the decade.
Fortune · Dec 11, 2023 Bitcoin sinks below $42,000 amid ‘a wave of profit-taking’ after reaching 20-month high Bitcoin hit a 20-month high last week thanks to positive sentiment around impending spot ETFs.
Fortune · Dec 11, 2023 Goldman Sachs’s chief economist says the market may be getting ahead of itself on rate cuts—and decreases won’t come as soon as people hope "The risk of recession is, in my view, quite low. We're at 15% in the next 12 months."
The Independent UK · Dec 11, 2023 Fed is set to leave interest rates unchanged while facing speculation about eventual rate cuts With inflation edging closer to the Federal Reserve’s 2% target, its policymakers are facing — and in some cases fueling — hopes that they will make a decisive shift in policy and cut interest rates next year, possibly as soon as spring
Barchart · Dec 10, 2023 CPI, Rate Announcement and Other Key Thing to Watch This Week Last week was pretty quiet with S&P 500 ($SPX) (SPY) trading in a range between 4,546 and 4,609.
International Business Times · Dec 10, 2023 US Fed Expected To Pause Again As Inflation Edges Closer To Target The US Federal Reserve is widely expected to hold interest rates at a 22-year high for a third consecutive meeting on Wednesday as it continues to fight elevated inflation.
The Independent UK · Dec 8, 2023 Is the US economy on track for a 'soft landing'? Friday's jobs report may offer clues Can the U.S. economy achieve a much-hyped “soft landing”
Barchart · Dec 7, 2023 U.S. Stocks: Is There Still Room for a Santa Claus Rally in 2023? U.S. stocks rallied sharply in November, which lowers the odds of a "Santa Claus" rally in December. Markets might still see some upward movement during the month, though, as valuations don't seem too high - if not outright cheap.
Fortune · Dec 6, 2023 The U.S. economy could face 'a perfect storm' if Basel III Endgame goes into effect. Here’s why The capital regulation plan known as Basel III Endgame will increase capital requirements by 20% or more for the eight largest U.S. banks.