FOMC

BlackRock Inc (NYSE: BLK) Chief Investment Officer Rick Rieder says the firm believes the Fed will raise rates by another 75-basis points in its September Federal Open Market Committee (FOMC) meeting: here’s why. The Data: The Labor Department issued its July consumer price...

The FOMC (Federal Open Market Committee) will announce if it is deciding to raise the federal funds rate Wednesday, July 27 with an announcement at 2 p.m. ET. Here’s a look at what major analysts are expecting the rate hike to look like. The FOMC Meeting: The FOMC holds eight scheduled...

On Wednesday, the Federal Open Market Committee released its June meeting minutes, which suggest inflation remains the central bank's top priority. What Investors Need To Know: The Fed's language on the economy was relatively bullish given recent elevated fears of a U.S....

Is the United States heading toward a recession? This has been the looming question on the minds of Americans since inflation topped at 8.5% in March, matched with other indicators such as rising interest rates and the bond market’s inverted yield curve. Top economists are split on the...

The Federal Open Market Committee, or FOMC, is the Fed's chief body for monetary policy. Its voting membership combines the seven members of the Board of Governors, the president of the Federal Reserve Bank of New York and four other Reserve Bank presidents who serve one-year terms on a...

The US Federal Reserve kicked off its Federal Open Market Committee (FOMC) meeting on Tuesday, with the markets widely anticipating a 25 basis-point hike in what would be the first interest rate increase since 2018. Fed Chair Jerome Powell had earlier raised the prospect of a 25bp hike, telling a...

Every day, Benzinga TV covers the biggest topics of the stock market. Benzinga’s new weekly highlights show features the top ten events of the previous week. Follow Benzinga on YouTube for daily shows committed to providing the best market news and commentary.  Here are the top ten stock...

Options traders on Tuesday are bracing for a key Federal Open Market Committee (FOMC) decision tomorrow at 2 p.m. EST, which is the final monetary policy decision of 2021. The key themes on traders' minds are any new input about inflation concerns from the Fed, along with any...

First, we’re seeing some selling in U.S. indices to begin the week, and while we’re still just off all-time highs in the S&P 500, the Nasdaq, and in the Dow, the swiftness of the move lower through 35K last week and now to below 34K ahead of the cash open is attracting some...

Major cryptocurrencies traded higher in the late hours of Thursday, as the global cryptocurrency market cap rose 6.62% to $2.03 trillion. What Happened: Cardano (CRYPTO: ADA) shot up 13.97% to $2.39 over 24 hours at press time. Over a week, ADA traded 21.23% higher. See Also: How To Buy Cardano (...

After the Fed avoided a taper tantrum following the FOMC policy meeting Wednesday, we continue to witness another week where U.S. equities rally to fresh new highs and 10-year Treasury yields continue to meander around the 1.25 percent range. The committee’s message reflects a wide range of...

Crude Inflation sentiment has stabilized as the long end of the yield curve fell yesterday to 1.36%, its lowest since February. Equity markets took a defensive stance for most of the day. Particularly, shares of cyclical industrial goods companies, oil majors, and large banks slid in value while...

The Federal Reserve stayed on message and was suitably dovish at its latest FOMC meeting. There were a few subtle changes to the language of the FOMC statement and in Chairman Powell’s post-meeting remarks. The committee reaffirmed it wants to observe substantial progress toward its dual...

The Federal Reserve maintained its target fed funds rate range of between zero and 0.25% on Wednesday. The Fed also reassured investors that inflation levels are under control as the U.S. navigates the ongoing pandemic. “Following a moderation in the pace of the recovery, indicators of...