(Reuters) - U.S. stock index futures edged higher on Wednesday on expectation of a pause in interest-rate hikes by the Federal Reserve, even though ...
- U.S. stock index futures edged higher on Wednesday on expectation of a pause in interest-rate hikes by the Federal Reserve, even though gains were capped by worries over the economicMusicians, humour and stories galore help Bruce Guthro's Celebration of Life | SaltWire - U.S.
"The Fed's updated projections are likely to show one more hike in 2023, higher growth in 2023/24 but with the aim to stabilize inflation," said Gabriele Foà, Portfolio Manager at Algebris Investments. Financial markets have priced in a 99% chance that the Fed will leave rates unchanged and a 69% likelihood of standing pat in November, according to CME's FedWatch tool.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Futures inch up on hopes of pause in Fed rate hikes(Reuters) - U.S. stock index futures edged higher on Wednesday on expectation of a pause in interest-rate hikes by the Federal Reserve, even though ...
Read more »
Futures dither after Wall St rout; Fed rate verdict in focusA slump in chipmakers on concerns of weak demand and bruised mega-cap growth stocks due to rising Treasury yields pushed the S&P 500, Nasdaq and Dow tumbling between 0.8% and 1.5% on Friday, their worst single-day fall since Aug. 24. Traders almost unanimously expect the Fed to keep rates unchanged at 5.25% to 5.5% at its meeting on Wednesday, while the odds for another pause in November is at 69%, according to the CME FedWatch Tool. 'Further rate hikes would risk sending the economy into a hard landing scenario,' said Thomas Simons, U.S. economist at Jefferies.
Read more »
Futures dither after Wall St rout; Fed rate verdict in focus(Reuters) - Futures tracking Wall Street's main indexes were flat to slightly higher on Monday after a pounding in the prior session and ahead of a ...
Read more »
Futures edge up ahead of Fed policy meet, Instacart debut in focusMaplebear Inc, parent of Instacart, secured a fully diluted valuation of $9.9 billion after its IPO was priced at $30 per share, the top of its indicated price range. Arm Holdings last week had a stellar market debut, raising hopes of a bounce back in the initial public offering (IPO) market.
Read more »
Futures edge up ahead of Fed policy meet, Instacart debut in focus(Reuters) - U.S. stock index futures inched higher on Tuesday ahead of a two-day Federal Reserve monetary policy meeting and as investors awaited ...
Read more »
Futures edge up as investors await Fed policy meet, Instacart debutKitco News collects and features the top financial, economic and geopolitical news from around the world. Kitco's aggregated sources include some of the top newswires in the world including the Association Press, Canadian Press, Japanese Economic Newswire, and United Press International.
Read more »