Interest Rates

Here are the most important news, trends and analysis that investors need to start their trading day:1. Wall Street set to rise after S&P 500 hits lowest level in over a yearTraders work on the floor of the New York Stock Exchange (NYSE) in New York City, March 22, 2022.Brendan McDermid | ReutersU.S. stock futures bounced Tuesday, with investors hoping Wall Street can break its three-session losing streak. The S&P 500 on Monday fell to its lowest level in more than a year. The broad market index dropped 3.2%,…

Christopher Waller says there is no ‘magical formula in a textbook’ to guide central bank officials on how to reduce inflation without triggering unemployment. Photo: Bess Adler/Bloomberg News…

Elevated and persistent inflation, coupled with a sharp rise in interest rates, are among the greatest near-term risks to the U.S. economic system, the Federal Reserve said Monday, while warning that Russia’s invasion of Ukraine could also affect financial stability. “Further adverse surprises in inflation and interest rates, particularly if accompanied by a decline in economic activity, could negatively affect the financial system,” the central bank said in its latest semiannual…

Here are the most important news, trends and analysis that investors need to start their trading day:1. Nasdaq futures over drop 2% as stocks continue to sell offTraders on the floor of the NYSE, May 6, 2022.Source: NYSEThe Nasdaq was poised to lead Wall Street lower again Monday, with futures tied to the tech-heavy index dropping 2%. Rising bond yields continued to pressure stocks as traders maintained their revolt against the Federal Reserve, doubting it can get inflation under control. Two key inflation reports are out…

Here are the most important news, trends and analysis that investors need to start their trading day:1. Futures drop after worst day for Dow, Nasdaq since 2020A trader works on the trading floor at the New York Stock Exchange (NYSE) in New York, May 5, 2022.Andrew Kelly | ReutersU.S. stock futures turned positive and then negative again Friday after of the government's strong April jobs report. The 10-year Treasury yield moved higher Friday, above Thursday's trip above 3.1%, a high back to November 2018. Rising bond…

STANFORD, Calif.—A former senior Federal Reserve official said it was likely that the central bank would need to raise its benchmark interest rate over the next year to at least 3.5% or to even higher levels that deliberately slow economic growth to bring down inflation. Q&A Breaking Down the U.S. Economic Outlook with Larry Summers Former Treasury…

Newsday Llc | Newsday | Getty ImagesOn top of elevated prices for new and used cars, financing the purchase of one is about to get more expensive.With the Federal Reserve boosting a key interest rate by half a percentage point on Wednesday, borrowing costs are poised to head higher on a variety of consumer loans, including those for autos. This marks the Fed's largest increase in more than two decades."In the past, interest rate hikes didn't affect the new car market significantly because automakers subsidize many loans,"…