The Latest Breaking News from US Federal Reserve

A correction in home prices has erased $2.3 trillion in nationwide home values, but homeowners are still up roughly $13 trillion since February 2020.

Nearly all Federal Reserve policymakers agreed earlier this month to slow the pace of the Fed’s rate increases to a quarter-point, with only “a few” supporting a larger half-point hike

“If inflation doesn’t start to come down, you risk this replay of the 1970s... Let’s be sharp now, let’s get inflation under control,” St. Louis Fed President James Bullard told CNBC Wednesday.

A strong labor market has renewed anxiety about continued rate hikes amid the unending debate regarding an impending recession or a strong recovery. As the Fed's next steps will likely act as a speed bump down the road, fundamentally strong companies that investors are buying this year, Comcast (CMCSA) and…

With inflation still alarmingly high, the Fed’s rate hikes might continue. This is raising concerns over the possibility of a recession. Therefore, quality dividend-paying stocks Altria (MO), International Paper (IP), ICL Group (ICL), and Spok (SPOK), yielding more than 4%, might be ideal buys now. Read more.

Amid persisting inflation and the Fed’s determination to tackle it with restrictive policies, the inelastic demand for the healthcare sector could offer protection in a volatile market. Given healthcare’s solid growth potential, investors might buy fundamentally strong stocks UnitedHealth Group (UNH), CVS Health (CVS), and HCA Healthcare (HCA) this week.…

Could Federal Reserve oversight have prevented the FTX catastrophe?

Amid soaring concerns over an impending Fed-induced recession, the stock market could remain volatile in the near future. Against this backdrop, investors could add stable stocks Johnson & Johnson (JNJ) and Novartis (NVS) to their portfolios in 2023 to garner good returns. Read on….

NEW DELHI: Domestic equity indices extended their fall for the fourth session in a row, wiping off Rs 6.97 lakh crore of investor's money.

Sticky inflation might trigger more rate hikes this year, which could keep the stock market under pressure. Hence, investors could consider buying fundamentally strong stocks Stellantis (STLA), Honda Motor (HMC), MasterCraft Boat (MCFT), and Genie Energy (GNE) given the uncertainties. These stocks are rated A (Strong Buy) in our proprietary…

British Steel plans to close its coke ovens, a move that could result in 260 job losses at its Scunthorpe site in northern England