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How Every Asset Class, Currency, and S&P 500 Sector Performed in 2021
By Niccolo Conte
Stock market news live updates: Stocks drop, tech shares sink after Fed minutes hint at earlier liftoff on interest rates ...
By Emily McCormick
Federal Reserve puts wheels in motion for balance sheet reduction
By Jeff Cox
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Formerly TwitterZee Business
ZeeBusiness
#WallStreet on Wednesday | US #StockMarket benchmarks finished the session on a mixed note after #Fed left key interest rate unchanged as widely expected; read more here 👇
www.zeebiz.com/markets/global-markets/news-sp-500-nasdaq-end-lower-after-fed-rate-decision-powell-press-conference-287660 #Nasdaq #Dow #FOMC #sharemarket
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Mohamed A. El-Erian
elerianm
From @CNBC, the day after the #FederalReserve's policy announcement and the Chair's press conference.
So much for the effectiveness of the Fed's forward policy guidance.
While the concept of forward policy guidance is sound, the way it has been implemented in recent years has… pic.twitter.com/8C1wVHYWEJ
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Mohamed A. El-Erian
elerianm
It is happening again:
Fed Chair Powell's press conference has fueled significant market moves (see arrow in Bloomberg's 2-year yield chart below) as both the content and the tone of his remarks are notably more dovish than how the markets had interpreted the statement itself.… pic.twitter.com/jMtUCAAdvP
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Joe Weisenthal
TheStalwart
BREAKING:
*FED: LACK OF FURTHER PROGRESS TOWARD 2% GOAL IN RECENT MONTHS
*FED HOLDS BENCHMARK RATE IN 5.25%-5.5% TARGET RANGE
*FED TO SLOW PACE OF BALANCE-SHEET RUNOFF STARTING IN JUNE
www.bloomberg.com/news/live-blog/2024-05-01/fomc-rate-decision-and-fed-chair-news-conference?srnd=homepage-americas
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All coverage
Hawkish Fed signals it may have to raise rates sooner to fight inflation
By Howard Schneider & Jonnelle Marte
Fed Minutes Flag Chance of Earlier Hikes, Balance-Sheet Rundown
By Matthew Boesler