Federal Reserve

It appears as though the Fed might be willing to give the economy a bit more running room, and that seems to agree with the market. Stocks recovered from earlier losses Wednesday after the Fed minutes showed a willingness to let inflation run a little above the Fed’s long-term 2 percent...

This article originally appeared on FXStreet. The FOMC Meeting Minutes from the May decision will shed some light on the Fed's thinking.  The usage of the word "symmetric" in regards to the Fed's inflation target will come under specific scrutiny and two other points...

Favorable trade winds continue to fill the market’s sails this morning. After stocks rallied yesterday on news that the potential trade war between the U.S. and China was being put on hold, the positive news flow continued. China said it would cut tariffs on car parts and vehicles, and...

This article originally appeared on FXStreet. What you need to know before markets open Contradicting headlines hit the wires on Thursday regarding the UK’s position on remaining or leaving the customs union with EU after Brexit. While House of Lords claims customs union is must for UK...

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On this day 51 years ago, Federal Reserve chair William McChesney Martin warned about an overheated stock market in a speech commemorating the 175th anniversary of the New York Stock...

A review of inflation, interest rates, capacity utilization, and inventory point more towards the middle stage of an expansion. Basic Materials companies like chemical producers typical do well mid-cycle. Huntsman International has a solid balance sheet, lots of dry powder for strategic...

This article originally appeared on FXStreet. John C. Williams of San Francisco Federal Reserve nominated as a successor of William Dudley as New York Federal Reserve President and permanent FOMC member. The academist economist and the PIMCO advisor Richard Clarida set to win the nomination...

Wall Street goes shopping this week, starting with retail sales data tomorrow and then moving along to earnings reports from some of the major department- and big-box stores. By the time Friday rolls around, investors might have a better sense of how consumers are faring as summer looms. Stocks...

This article originally appeared on FXStreet. The US inflation report fell short of expectations with 2.1 percent YoY on Core CPI below 2.2 percent expected. The disappointing data joins the weak Non-Farm Payrolls. The US Dollar rally may have come to a close, as the economic weakness is...

The U.S. unemployment rate fell from 4.1 percent in March to 3.9 percent in April — notably below the Street’s 4-percent forecast. The metric struck its lowest point since December 2000. Why It’s Important The percentages represent 239,000 fewer Americans facing unemployment, a...

The Federal Reserve has kept its key interest rate steady this month but has acknowledged that prices of essential commodities are inching up to desired range, paving the way for gradual rate hikes in the coming months. The comeback of inflation, by the way, is very evident, with business houses...

Inflation, the market’s favorite boogeyman, is closer to the Fed’s long-term goal but seems to be under control, the Fed said Wednesday as it kept its target rate unchanged in a range between 1.5 percent and 1.75 percent. After spending about a year trying to solve the mystery of the...

This article originally appeared on FXStreet. The FOMC rate decision is due at 18:00 GMT Wednesday. The central bank is expected to keep the rates unchanged. However, the markets are positioned for a hawkish Fed. For instance: The bearish bets in 10-year Treasury futures currently stand at...

This article originally appeared on FXStreet.   The Federal Reserve is expected to leave the rate unchanged in its May decision. The statement will be scrutinized to see the cementing of a June hike. The reaction to the recent inflation and growth figures may be telling.  The...

Ten-year U.S. Treasury yields hit 3 percent on Tuesday for the first time since 2014, but the stock market hasn’t initially reacted the way investors might expect. What Happened The 10-year Treasury yield reached the 3-percent psychological level Tuesday morning, triggering fears that...