Category: Uncategorized
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Federal Reserve keeps rates unchanged, plans one cut despite Iran war concerns
Federal Reserve officials expect the Iran war will worsen inflation this year while having little effect on growth, but they still expect to cut their key rate once in 2026. For now, Fed policymakers left short-term interest rates unchanged Wednesday for the second straight meeting at about 3.6%. In a statement, the central bank said…
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Federal Reserve holds interest rates steady
<!–> FOX Business White House correspondent Edward Lawrence reports as the Federal Reserve announces its decision to leave rates unchanged on ‘Making Money.’ The Federal Reserve on Wednesday announced it will leave interest rates unchanged amid a softening labor market and growing uncertainty over the war in Iran. Fed policymakers voted to leave the benchmark federal…
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Federal Reserve could signal no interest rate cuts this year in wake of Iran war
By CHRISTOPHER RUGABER, AP Economics Writer WASHINGTON (AP) — The Federal Reserve kept its key interest rate unchanged Wednesday and Chair Jerome Powell highlighted the increasingly uncertain outlook for the U.S. economy and inflation in the wake of the Iran war, suggesting the Fed could stand pat for an extended period. Fed policymakers maintained their forecast for an…
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Will the Federal Reserve cut interest rates in 2026?
<!–> QI Research CEO and chief strategist Danielle DiMartino Booth discusses Federal Reserve chair Jerome Powell’s remarks about the federal criminal probe on ‘Making Money.’ The Federal Reserve on Wednesday left interest rates unchanged amid mounting uncertainty over how the Iran war will impact the economy and in turn the central bank’s approach to monetary policy,…
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1 Intriguing Artificial Intelligence (AI) Stock to Buy for Under $15 in March, According to Wall Street
SentinelOne (S 0.76%) is the cybersecurity vendor behind Singularity, an artificial intelligence (AI)-powered platform designed to automate threat detection, incident response, and everything in between. With a market capitalization of just $4.6 billion, the company is much smaller than its main rivals CrowdStrike and Palo Alto Networks, which boast valuations north of $100 billion. But…
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Asia markets track Wall Street losses as Iran war fuels energy worries; BOJ rate decision on deck
The Bank of Japan (BOJ) headquarters in Tokyo, Japan, on Thursday, Oct. 31, 2024. The Bank of Japan kept its benchmark interest rate unchanged. Getty Images Asia-Pacific markets dipped on Thursday, tracking losses on Wall Street that saw the Dow Jones Industrial Average touch a new closing low for the year. The Federal Reserve held…
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Fed Chair Jerome Powell Just Said the Quiet Part Out Loud — and These 8 Words Are Roiling Wall Street
Few announcements put investors on the edge of their seats quite like interest rate decisions from the Federal Reserve. Federal Open Market Committee (FOMC) meetings occur about every six weeks and shape U.S. monetary policy. While the Fed is often viewed as the bedrock of Wall Street and a calming force for equities, eight words…
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Bank of America resets Nvidia stock forecast after meeting with CFO
Nvidia (NVDA) stock has gained about 53% over the past year, at the time of writing, Tuesday afternoon, March 17, according to Yahoo Finance. Meanwhile, the SPDR S&P 500 index (SPY) is up about 18% in the same period. While the stock has performed well in the long term, today’s performance is a little bit…
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Crypto ETFs AUM jump $12B since Iran-US tensions began
Crypto-linked Exchange-Traded Funds (ETFs) gained back their bullish momentum while the digital assets market is still dealing with uncertainty. Data shows that crypto ETF assets have surged by around $12 billion since the start of US–Iran tensions. This signals that the capital is quietly rotating back into digital assets. These funds have reportedly pulled in…
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Iran war expected to prevent Bank of England from cutting interest rates as previously anticipated
LONDON (AP) — Until the U.S. and Israel started bombing Iran less than three weeks ago, it was viewed as a near certainty that the Bank of England would cut interest rates again on Thursday. Now it’s a near-certainty that it will leave its base rate unchanged at 3.75%. The start of the Iran war…