Fed Chair Jerome Powell's speech and eurozone sentiment data releases will be in focus next week, while policymakers in the UK will be looking for inflation clues in the PMI releases.
The market is focused on the Jackson Hole Symposium for any policy changes from Fed Chair Jerome Powell, with investors eager to know if higher rates for longer are necessary. The market reaction will depend on Powell's message regarding rate hikes and cuts.
Federal Reserve Chairman Jerome Powell will likely provide updates on the central bank's stance on interest rates in the US during the Jackson Hole meeting, although an announcement regarding the end of interest rate hikes is less likely due to positive economic data and the potential risk of triggering another crisis.
Investors are expecting Federal Reserve Chair Jerome Powell to take a hawkish tone on interest rate policy in his upcoming speech, as the US economy continues to perform well and inflation remains elevated.
MarketWatch provides live coverage of the Federal Reserve's meeting in Jackson Hole, with a focus on Chair Jerome Powell's speech.
Jim Cramer anticipates that Federal Reserve Chair Jerome Powell's speech at Jackson Hole may signal further interest rate hikes, potentially causing stocks to decline, but advises investors to keep strong companies like Apple and Nvidia and seek opportunities for discounted stocks.
Federal Reserve Chair Jerome Powell is expected to deliver a speech at the Jackson Hole economic symposium that will focus on maintaining the current economic stability and avoiding any controversial messages or actions.
Stock futures indicate a slight increase as investors await Federal Reserve Chairman Jerome Powell's speech at the central bank summit in Jackson Hole, Wyo, with stocks of Affirm, Marvell, Hawaiian Electric, AMC, and Intuit showing the most movement.
Federal Reserve Chair Jerome H. Powell is expected to strike a different tone in his speech at the Jackson Hole Economic Symposium compared to last year, as the US economy shows signs of improvement, despite remaining challenges such as high inflation and rising costs for consumers.
Traders interpret Federal Reserve Chairman Jerome Powell's speech as an indication that the Fed will continue to raise interest rates and that the US economy remains strong.
Investors will have a lot to consider this week as they analyze economic indicators such as US nonfarm payrolls, wage growth, and inflation, as well as Eurozone inflation numbers and central bank commentary, all of which could impact policy decisions and market sentiment.
Tech stocks led a rally in the stock market, with the Nasdaq Composite gaining 1.6% and the S&P 500 ending a four-day losing streak, despite the rise in Treasury yields; investors will be looking for clues about the US consumer spending and the economy as retailers' earnings reports are expected, and Federal Reserve Chairman Jerome Powell's speech at the Jackson Hole symposium is anticipated for indications on interest rates.
Federal Reserve Chair Jerome Powell warned that inflation and economic growth remain too high and interest rates may continue to rise and remain restrictive for longer, while U.S. stocks rebounded and European markets closed slightly higher. Meanwhile, U.S. Trade Representative Katherine Tai highlighted China's dominance in rare earth metals and the vulnerability of U.S. supply chains. Grocery delivery company Instacart filed paperwork for an IPO, and upcoming PCE and jobs data will provide insights into the Fed's rate decisions. Powell's ambiguous remarks at the Jackson Hole symposium led markets to focus on the prospect of a stronger economy rather than interest rate warnings.
Investors are eagerly awaiting news about the health of the US labor market, with reports on job openings, labor turnover, employment, and job cuts expected this week, as the Federal Reserve aims to cool the economy to fight inflation caused by higher labor costs.
The article discusses the impending UAW strike and the potential impact on Ford and GM stock.
Treasury Secretary Janet Yellen and Goldman Sachs may be optimistic about a "soft landing" scenario for the US economy, but the author remains skeptical due to factors such as a deeply inverted yield curve, declining Leading Economic Indicators, challenges faced by the consumer, global growth concerns, and the lagging impact of the Fed's monetary policy, leading them to maintain a conservative portfolio allocation.
Investors shouldn't be worried about the impact of the strikes by United Auto Workers on Ford, GM, and Stellantis, as the lack of a significant reaction in stock prices suggests that the strikes have not been priced in and the market doesn't expect them to have a lasting impact on the economy.
Investors should focus on the Federal Reserve's decision on interest rate hikes and the market's biggest themes during the coming week, according to CNBC's Jim Cramer.
Mixed economic reports and market volatility have raised concerns ahead of the Federal Reserve's policy rate meeting, with retail sales exceeding expectations but a decline in consumer sentiment and rising fuel prices signaling a potential weakening in consumer spending; the successful IPO of chip designer Arm Holdings has boosted investor sentiment, while the initiation of the autoworkers' strike has negatively impacted markets; all eyes will be on the Federal Reserve's meeting this week, with investors closely monitoring data for insights into future decisions.
Investors are eagerly awaiting Jerome Powell's statement and Q&A session after the Federal Reserve's policy meeting as they seek clarity on the central bank's thinking and the timing of potential interest rate cuts.
The Federal Reserve's economic projections will be closely watched for hints on the path of interest rates, with expectations that the dot plot for 2024 may be more cautious due to uncertainty and potential wild cards. Arm Holdings' successful IPO has injected optimism into the IPO market, while the United Auto Workers' strike continues to garner support from President Biden. Turkish President Erdogan has called on Tesla CEO Elon Musk to build a factory in Turkey.
Market experts discuss the changing tech trade and anticipate Powell's upcoming comments.
The upcoming U.S. Federal Reserve meeting is generating less attention than usual, indicating that the Fed's job of pursuing maximum employment and price stability is seen as successful, with labor market data and inflation trends supporting this view.
Investors are more focused on the release of new forecasts from the Federal Reserve, which will reveal their views on the prospect of an economic "soft landing" and the rate environment that will accompany it.
The United Auto Workers strike presents a risk to the U.S. economy, but it also demonstrates that workers are advocating for their fair share in a strong macroeconomy, according to Council of Economic Advisers Chair Jared Bernstein.
Federal Reserve Chair Jerome Powell indicates that while policymakers project a "soft landing" for the US economy, he does not confirm it as a baseline expectation due to external factors beyond their control such as the autoworker strike, government shutdown, and higher borrowing costs.
Wall Street is closely monitoring the Fed and Jay Powell's speech, with rising oil prices being a concern, but the general sentiment remains positive for the tech sector, as evidenced by the success of top-ranked Zacks stocks in the tech sector, including AppLovin, Vertiv Holdings, and ePlus Inc.
Federal Reserve Chairman Jay Powell is facing multiple threats to the economy, including the ongoing United Auto Workers strike, rising oil prices, the resumption of student loan payments, higher long-term interest rates, and a potential government shutdown.
Investors are expected to face more news on labor strikes, the Fed's inflation gauge, and earnings reports from companies like Costco and Nike this week.
Federal Reserve Chair Jerome Powell emphasized the importance of education in the economy and highlighted how teachers play a critical role in the Federal Reserve's mission to promote a healthy economy.
Federal Reserve Chair Jerome Powell highlighted ongoing challenges in the U.S. economy stemming from the COVID-19 pandemic, including labor shortages and access to childcare, during a meeting with community and business leaders in Pennsylvania.
Investors await the September employment report to gain insight into the Federal Reserve's potential actions, while Levi Strauss reports mixed earnings and Tesla slashes prices on its Model 3 and Model Y vehicles.
This week, investors will focus on Q3 2023 earnings reports, as well as important economic indicators such as September's retail sales and industrial production, to gauge the Federal Reserve's policy stance and shape expectations about the economy.