The Latest Breaking News from US Federal Reserve

Amid widespread macroeconomic headwinds, the global economic outlook seems uncertain. However, the Fed has finally started contemplating smaller rate hikes. Although uncertainties remain, we think fundamentally strong stocks Walmart (WMT), Centene Corporation (CNC), and Kroger (KR) are quality investments. Continue reading.

Investors will be greeted with a chorus of economic data in the week ahead. Among those listening for some harmony will be Federal Reserve leaders as they prepare to deliver their last interest rate decision of the year.

Following the favorable October inflation data, the odds of federal rate hikes slowing down have increased. The stock market celebrated the upbeat economic reports. Amid this, investors could add quality stocks Verizon Communications (VZ), América Móvil, S.A.B. de C.V. (AMX), Flowers Foods (FLO), and Berry Corporation (BRY) to their watchlist…

The Federal Reserve is expected to lower the pace of its rate hikes from next month. However, concerns about an economic slowdown are still evident. Hence, this might be the time to follow the smart money and buy Merck (MRK) and Yelp (YELP). Institutions own the majority of shares of…

MUMBAI: The Indian rupee edged higher as the dollar index tumbled on positive risk sentiment after minutes of the US Federal Reserve's November meeting reaffirmed the likelihood of smaller-sized rate hikes.

But the city's financial secretary earlier said anyone betting against the Hong Kong dollar is "bound to lose."

Sir Dave Ramsden expects to vote to keep raising borrowing costs, but sees potential for rate cuts if persistent inflation stops being a worry

Asian shares are mostly higher, although optimism about the Federal Reserve holding back on aggressive interest rate hikes was countered by uncertainty over coronavirus restrictions in China

Australian shares rise after Wall Street climbs on hopes of a slower rate rise in the US, with European stocks closing at three-months highs.