Federal Open Market Committee

Pre-open movers US stock futures are lower this morning, as investors are awaiting consumer confidence data and the minutes of the recent Federal Open Market Committee. Futures for the Dow Jones Industrial Average dipped 49 points to 11,468.00 and S&P 500 index futures fell 6.30 points to 1,201...

US stock futures are lower this morning, as investors are awaiting consumer confidence data and the minutes of the recent Federal Open Market Committee. Futures for the Dow Jones Industrial Average dipped 59 points to 11,458.00 and S&P 500 index futures fell 7.70 points to 1,200.40. Nasdaq 100...

Philadelphia Federal Reserve Bank President Charles Plosser was just on CNBC with Steve Liesman and he discussed monetary policy and the state of the U.S. economy. He was asked about the recent dissent with two others on the recent policy actions that the Federal reserve took at its August 9...

The U.S dollar fell further against the Euro Monday, April 25th, just in time for the April 26-27 Federal Open Market Committee meeting, Reuters reports. This news comes shortly after Standard & Poor shifted the United States AAA credit rating from a stable outlook to a negative one, and the...

The Federal Open Market Committee (FOMC), the Federal Reserve's policy-setting body, is scheduled to meet on Tuesday and Wednesday of next week. At the conclusion of this two-day policy meeting, Fed Chairman Ben Bernanke will hold an unprecedented press briefing to answer questions about the...

The market has had an impressive rally off the lows of the session, with the Dow off 176 points, after being down 292 points earlier today. The Nasdaq is off 40 points, and the S&P is down 18 points to 1,277, which is a key area from last night's break down in the futures. Of course all eyes...

There were no economic reports released today, but tomorrow is expected to pick up the slack, with Empire Manufacturing and the FOMC rate decision to receive the most attention. At 8:30, Empire Manufacturing is expected to be released for March. Economists expect a reading of 17.0, up from...

Wunderlich Securities continue to recommend active portfolio management in regards to mortgage bonds in an update on the housing market, given this "period of unprecedented volatility." It believes that Freddie Mac's 30-year mortgage rate offering at 4.44% is, while enticing, ultimately still...