Stocks: What markets are thinking about Fed's rate timeline

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 77 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 34%
  • Publisher: 63%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

The US stock market (^DJI, ^IXIC, ^GSPC) is making moves to the upside following the Federal Reserve's decision to pause interest rates and Chair Jerome...

and Chair Jerome Powell's press conference. Vanguard Global Head of Portfolio Construction Roger Aliaga-Diaz joins Yahoo Finance to comment on the biggest challenges on the Fed's horizon whenever it starts to cut rates in 2024.

"With higher growth this time comes higher inflation. So whether we're going to have that tailwind... is still yet to come," Aliaga-Diaz says."In our view, inflation will remain stubborn. We think the Fed has more revisions to do in terms of the rate cuts and we feel it will be very difficult for them to get through that first cut unless the inflation picture really starts moving downward.

The California-based company said the stock split was subject to shareholder approval at its upcoming annual meeting on June 6. If approved, shareholders of record as of June 18 will get 49 additional shares for each share held. The shares are expected to begin trading on a post-split basis at market open on June 26, in what the company described would be one of the biggest stock splits in New York Stock Exchange history.

Things are about to start looking up for U.S. airlines as cost pressures ease and margins improve later this year. But only select stocks will benefit.Boeing Might Sell Part of Its Defense Business. Here’s What That Could Mean.3 Stocks You Can Confidently Invest $500 in Right Now Are you looking for stocks that you can confidently invest in right now? Here are my five top picks! The post 3 Stocks You Can Confidently Invest $500 in Right Now appeared first on The Motley Fool Canada.CP Rail and another top Canadian stock would make great buys with one's first $1,000. The post Got $1,000? 2 Best Stocks to Buy Right Now appeared first on The Motley Fool Canada.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market today: Stocks retreat as Wall Street weighs hot inflation's impact on FedInvestors are weighing whether two big hot inflation prints will prompt a Fed rethink on rate cuts as its March policy meeting looms.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Stocks waver after Fed's preferred inflation gauge meets expectationsInvestors are on edge for the PCE reading, seen as key to assessing how quickly the Fed will start cutting rates.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

US Stocks Slip as Investors Await Nvidia Earnings, Fed MinutesUS stocks slipped on Wednesday as investors counted down to high-stakes earnings from AI darling Nvidia (NVDA) and the release of Federal Reserve minutes which reiterated the central bank's focus on not cutting interest rates too soon.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Asia Stocks to Follow US Rally With Eyes on Fed: Markets WrapStocks in Asia are set to rise after Wall Street traders sent US benchmarks to fresh all-time highs before the Federal Reserve decision.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Markets today: Stocks fall as Wall Street trims risk before FedStocks fell as traders took some chips off the table ahead of the highly anticipated U.S. Federal Reserve decision that will help shape the outlook for rate cuts this year.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Stocks rise as investors eye the Fed, Super Micro slumps on stock offering: Yahoo Finance LiveAll three of the major indexes (^DJI,^GSPC, ^IXIC) are moving higher as investors await the Federal Reserve’s latest interest rate decision, which will come ...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »