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Friday, November 22, 2024  
19 Jumada Al-Awwal 1446  

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Futures hold steady with Fed meeting in focus
Business Published 16 Jun, 2021 05:43am

Futures hold steady with Fed meeting in focus

June 15 (Reuters) - Futures tied to the S&P 500 and the Nasdaq held near record highs on Tuesday as investors looked for comments from the Federal Reserve about whether a recent jump in inflation would prompt a sooner-than-expected tapering in monetary policy.
Fed walks tightrope between big jobs gap and rising inflation
Business Published 15 Jun, 2021 05:06pm

Fed walks tightrope between big jobs gap and rising inflation

Federal Reserve officials meet this week faced with ongoing tension between their two main goals, as inflation rises faster than expected even with millions of Americans still unemployed more than a year after the onset of the coronavirus pandemic.
Wall Street set for flat open as consumer prices jump
Business Published 10 Jun, 2021 07:07pm

Wall Street set for flat open as consumer prices jump

U.S. stock indexes were set for a muted open on Thursday as a surge in consumer prices in May fanned fears of early policy tightening by the Federal Reserve, while another report showed the labor market remained under pressure.