interest rate

The Personal consumption expenditure (PCE) price index grew 0.1% in April from the previous month and 4.2% annually, according to the Bureau of Economic Analysis. That's down from 5% in February and falling short of economist expectations of a 4.6% increase. The price index for...

The SPDR S&P 500 ETF Trust (NYSE: SPY) was giving up some of its January gains on Monday ahead of a critical Federal Open Market Committee interest rate decision at 2 p.m. ET on Wednesday. Market Expectations: The bond market is pricing in 98.1% chance of a 0.25% hike and a 1.9% chance of...

Tesla Inc CEO Elon Musk raised concerns about the Federal Reserve increasing the interest rate by saying it could crush the stock market.  During Tesla's fourth-quarter earnings call last week, Musk said he's worried that rates will soon exceed the average return of the S&P 500 if...

A recent report from the Heritage Foundation has revealed that an average American has lost close to $4,200 in annual income since President Joe Biden came into office.  With rising inflation and higher interest rates, the average American worker has lost about $3,000 in annual...

Volatility is scarce in the crypto market, with Bitcoin (CRYPTO: BTC) hovering around $19,000, but extreme volatility is due today. Many investors are currently sidelined, as they eagerly anticipate the news of the Federal Reserve (U.S. Central Bank) decision on the next rate hike.  They will...

One of the largest banks in the U.S., Bank of America Corp (NYSE: BAC), has recently stated that Bitcoin (CRYPTO: BTC) cannot serve as an inflation hedge.  In its recent research paper, the bank mentioned that Bitcoin keeps trading in tandem with the U.S. stocks despite being promoted as a...

Goldman Sachs Group Inc’s (NYSE: GS) economists led by Jan Hatzius have predicted that the Federal Reserve will raise interest rates by 25 basis points five times this year, rather than the four rate hikes previously prognosticated. That would take the benchmark to 1.25%-1.5% by the end...

The U.S. Federal Reserve could cut interest rates by 25 basis points Wednesday, and the classic playbook calls for investors to transition from high-quality growth stocks to industrial sectors that stand to benefit, said CNBC's Jim Cramer. What He Said Investors need to accept that a rotation...

The list of experts in favor of the Federal Reserve lowering its benchmark rate gained more validity over the weekend after former Chair Janet Yellen said she supports a 25-point basis cut. What Happened Yellen, chair of the Federal Reserve from early 2014 to early 2018, said at the Aspen Economic...

U.S. Federal Reserve Chair Janet Yellen said on Thursday there are no serious short-term obstacles that could derail the economic momentum. According to a Bloomberg report, Yellen emphasized the fact that the U.S. unemployment rate has reached a low level while the labor market is strong and wage...

Michael Darda, MKM Partners' chief economist and market strategist, commented in a research report that the market is in a better position today to absorb a Federal Reserve rate hike compared to the same period a year ago. According to Darda, Fed funds are pricing in a 60 percent likelihood of a 25...

The odds of a Federal Reserve interest rate hike occurring at some point this year have risen to 64 percent from around 50 percent last week, Bloomberg reported. A boost within the market-implied probability of a rate hike this year comes at an uncertain time. Friday's monthly payroll report will...

Presumptive Republican nominee Donald Trump, in an interview with Reuters, said he "would rather have a Republican" in the place of Federal Reserve Chairman Janet Yellen, and would take steps to audit the Central Bank of the United States. On Yellen "I'm not a person that thinks Janet Yellen is...

Among the fixed income exchange-traded funds that find themselves in the sweet spot thanks to the Federal Reserve consistently passing on another interest rate hike are municipal bond funds, particularly those of the longer-dated variety. Although there has been some chatter regarding the impact of...

While most of the rest of the world is debating “when” rather than “if” an FOMC rate hike is coming, Bridgewater Associates founder Ray Dalio sees a much more troubling scenario unfolding. According to Dalio, the next major move by the Federal Reserve will be easing rather...