The Latest Breaking News from the Federal Reserve

December S&P 500 futures (ESZ23) are trending down -0.04% this morning as investors looked ahead to the release of the Federal Reserve’s November policy meeting minutes while also awaiting quarterly results from chip designer Nvidia.

December S&P 500 futures (ESZ23) are down -0.10%, and December Nasdaq 100 E-Mini futures (NQZ23) are down -0.07% this morning as market participants looked ahead to the release of the minutes of the Federal Reserve’s latest policy meeting as well as earnings from semiconductor stalwart Nvidia later in the week.

The Federal Reserve, since early 2022, has been raising interest rates to ease inflation pressures without causing the economy to contract, an ideal scenario that some economists call a “soft landing.” A soft landing is defined as when the Fed is able to slow the economy enough to curb demand...

10-year T-note yields tumbled Tuesday after U.S. consumer prices in October fell more than expected, bolstering speculation the Fed was finished with its rate hike cycle and may even cut interest rates in early 2024. U.S. Oct CPI eased to +3.2% y/y from +3.7% y/y in Sep, better than expectations...

Caitlin Long notes that Custodia Bank, a non-loan-making institution, has been encountering regulatory challenges for a while

But many economists say a key reason why so many Americans hold a gloomy view of the economy is that prices — on items that they buy regularly — remain much higher than they were three years ago.

A softer-than-expected CPI report could mean the Fed is done raising interest rates this cycle.

Asian shares are trading mostly higher ahead of potentially market-moving developments, including a U.S.-China summit and data releases in the U.S., Japan and China

Inflation in the United States likely remained high last month, a trend that if sustained could raise concerns at the Federal Reserve, which is considering whether to raise interest rates again