The Latest Breaking News from Jerome Powell

The key Federal Reserve inflation rate fell to 3%, while core price pressures also cooled. S&P 500 futures rose as markets look to a possible March rate cut.

Treasury yields are swooning across the board as the Fed moves toward rate cuts, but the S&P 500 is barely taking note. Here are some things to keep in mind.

Wall Street forecasts the Federal Reserve's key inflation report will show more disinflation. But there's some risk of an unwelcome surprise for rate-cut bets and the S&P 500.

Climate disasters are now costing the United States US$150 billion per year, and the economic harm is rising.

A key Federal Reserve official said he is “increasingly confident” that the Fed’s interest rate policies will succeed in bringing inflation back to the central bank’s 2% target level

"Our first priority will be to survive the next few decades of instability and chaos."

Dow Jones futures: Fed Chair Jerome Powell's speech looms this week, while tech titan Nvidia stock rebounded from its latest buy point.

The main indexes were choppy to start the week, though several e-commerce stocks jumped on encouraging online holiday shopping numbers.

December S&P 500 futures (ESZ23) are down -0.19%, and December Nasdaq 100 E-Mini futures (NQZ23) are down -0.18% this morning as market participants looked ahead to comments from Fed Chair Jerome Powell and other Fed officials while also awaiting the release of the Fed’s favorite inflation gauge later in the…

U.S. housing data, manufacturing in China and earnings of retailers and Canadian banks are also scheduled for the next few days.

The U.S. Fed has dashed rate-cut hopes on multiple occasions, but the unanimous view seems to be calling for rate cuts in 2024. Here are the two best stocks to buy ahead of an eventual rate cut.