The U.S. Federal Reserve on Wednesday raised its policy rate by 75 basis points...
Dow Jones Futures Edge Slightly Higher to Shake Off 5-Day Losing Streak
U.S. stock futures edged slightly higher as Asian trading sessions are drawing to a...
Nomura Shifts Forecast to Full-Point Rate Hike in Fed’s July Meeting
Nomura now expects a 100bps hike for the Federal Reserve meeting in July after...
S&P Cuts US 2023 GDP to 1.6% as Fed’s Rate Hikes Risk Recession
The S&P 500 has revised down the U.S. GDP forecast in 2023 to 1.6%...
US Banks Pass Stress Tests, On Pace for Dividend Payout
The U.S. Federal Reserve said that all banks passed annual stress tests, which will...
Jerome Powell Admits Possibility of Recession, Saying Soft Landing Difficult to Achieve
The Federal Reserve Chairman Jerome Powell told the congressional lawmakers yesterday that the central...