Federal Reserve rate cuts remain top of mind ahead of September's policy meeting
Listen now
Description
It's another trading week and the biggest story on equities' (^DJI, ^IXIC, ^GSPC) minds is the Federal Reserve's September policy meeting on Wednesday, where officials are anticipated to begin cutting interest rates. Takeaway US stock futures (ES=F, NQ=F, YM=F) are holding their ground Monday morning as markets price in the Federal Reserve's first interest rate cut in four years, expected at the central bank's policy meeting later this week. TikTok parent company ByteDance is headed to the US courts today to dispute the law that could see the popular social media app banned in the United States if its not sold off to a non-Chinese entity. Google (GOOG, GOOGL) antitrust trial surrounding its dominance in the online advertising market enters its second week. Yahoo Finance's flagship show, Morning Brief, is the ultimate guide to making smarter portfolio decisions. Find this and other episodes of Morning Brief here. Thoughts? Questions? Fan mail? Email us at [email protected]. Yahoo Finance's Morning Brief is hosted by Seana Smith and Brad Smith. Learn more about your ad choices. Visit megaphone.fm/adchoices
More Episodes
The economy is in focus, with Wolfe Research chief economist Stephanie Roth weighing in on the hotter-than-expected October PPI data and its implications for the broader economy and Federal Reserve. Simplify Asset Management chief investment strategist Michael Green then analyzes the inflation...
Published 11/14/24
Published 11/14/24
The US Bureau of Labor Statistics released its Consumer Price Index (CPI) report for October, which saw inflation rising in line with economist expectations.  Takeaways: October's Consumer Price Index (CPI) report saw prices rise 0.2% month-over-month and 2.6% annually, in line with economist...
Published 11/13/24