The Fed and the stock market are on a collision course this week. What's at stake.

The Federal Reserve and investors appear to be locked in what one veteran market watcher has described as an epic game of “chicken.” What Fed Chair Jerome Powell says Wednesday could determine the winner.

Cruisin’ for a bruisin’? To some market watchers, investors now appear way too big for their breeches. They expect Powell to attempt to take them down a peg or two. In Powell’s case, that would likely mean emphasizing that the labor market remains significantly out of balance, calling for a significant reduction in job openings that will require monetary policy to remain restrictive for a long period, Torres said.

Powell and the Fed have certainly expressed concerns about the potential for loose financial conditions to undercut their inflation-fighting efforts. Major indexes fell to begin the week, with the Dow Jones Industrial Average DJIA, +1.09% falling 261 points, or 0.8%, as it snapped a six-day winning streak. The S&P 500 SPX, +1.46% shed 1.3% and the Nasdaq Composite dropped 2%.

Jackson Hole redux Torres sees the setup heading into this week’s Fed meeting as similar to the run-up to Powell’s speech at an annual central banking symposium in Jackson Hole, Wyoming, last August, in which he delivered a blunt message that the fight against inflation meant economic pain ahead. That spelled doom for what proved to be another of 2022’s many bear-market rallies, starting a slide that took stocks to their lows for the year in October.

United States United States Latest News, United States United States Headlines

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

Stock futures are little changed ahead of busy week of earnings, Fed meetingEarnings reports from Big Tech giants including Apple and the a possible Fed rate hike will test Wall Street's January rally. I have been following up Victoria E Morgan in trading, crypto, stocks and forex and she's been giving out good setups and analysis for a profitable trade ,her signals 99% guaranteed with her guidance I was able to get 10k in one day with good risk management WhatsApp+447378509930
Source: CNBC - 🏆 12. / 72 Read more »

Stock market news today: Investors await Fed and mega-cap tech earningsUS stocks slide as investors turn focus to Fed meeting and brace for mega-cap tech earnings Not my kind of investing, don't follow every whim real investing is for the long haul
Source: BusinessInsider - 🏆 729. / 51 Read more »

Stock Market Today: Dow ticks higher in wobbly trade as Fed meeting gets under wayU.S. stocks open higher, defying premarket sluggishness, as January winds down
Source: MarketWatch - 🏆 3. / 97 Read more »

Stock Market Today: Dow Gains 200 Points Ahead of Fed Meeting, EarningsU.S. stocks posted strong monthly gains, with the Nasdaq registering its best January since 2001 All speculation, every day, every year, every decade. It's true. We live in a world of speculation for the sake of rich elites.🤫😉 Bible prophecy Ezequiel 38. Russia,Turkey,Iran and many countries will attack Israel in the future, Russian tanks have already been seen in the The Golan Heights and Jesus the son God creator of all and everything intervenes and wipes out all the armies
Source: WSJ - 🏆 98. / 63 Read more »

Apple, Amazon earnings, jobs data and Fed decision top week aheadThe Fed's February meeting as well as earnings from automakers, oil companies and tech companies, including the biggie, Apple, will steer financial markets this week.
Source: FoxBusiness - 🏆 458. / 53 Read more »