The Latest Breaking News from US Federal Reserve

White House officials launched a defensive strike Tuesday against what they expect will be another month of soaring inflation.

The euro fell on Tuesday, almost touching parity with the dollar, a threshold not crossed for two decades, weighed down by the likelihood of recession triggered by an energy crunch and an ECB rate rise campaign that lags far behind that of the Fed. The dollar index, a measure against…

The tech industry has been under pressure due to the volatile macroeconomic environment and the Federal Reserve’s aggressive interest rate hikes. As rapid digitization continues to bolster the demand for technology solutions globally, we think buying the dip in quality tech stocks Apple (AAPL), Salesforce (CRM), and Palo Alto Networks…

In a masterpiece of understatement, Jerome Powell, chairman of the Federal Reserve, recently said: “I would say if you’re a homebuyer, or a young person looking to buy a home, you need a bit of a reset.”

Rather than sound stewardship of the economy, the focus is now share markets, house prices and debt-driven illusory wealth

Last month’s inflation is estimated to surpass record levels in May 2022, prompting the Fed to continue with its rate hikes. However, quality financial stocks Ally Financial (ALLY) and Bank of America (BAC) could be ideal investments to navigate such times of high inflation. Keep reading….

St. Louis Federal Reserve president James Bullard says last week’s jobs report points to a solid U.S. economy with little sign of a recession on the horizon and one that can withstand higher interest rates

Concerns over the Fed’s interest rate hikes to combat the rising inflation and growing recession risks have induced heightened volatility in the market. Amid the market uncertainties, investors widely hold blue-chip stocks, Apple (AAPL), Microsoft (MSFT), Alphabet (GOOGL), Amazon.com (AMZN), and Tesla (TSLA), to hedge against market fluctuations. Thus, it…

Asian shares are mostly lower, although Japan’s benchmark rallied after the ruling Liberal Democratic Party garnered a landslide parliamentary election victory