Tag: FOMC minutes

Fed Talks Turkey on Lower Rates, Boosting Markets – Weekly Update

November 28, 2022 | By Steven DiGregorio

Growing optimism that the Fed may be ready to ease future interest rate hikes sent stocks higher in a quiet trading week. The Dow Jones Industrial Average gained 1.78%, while the Standard & Poor’s 500 added 1.53%. The Nasdaq Composite index improved 0.72% for the week. The MSCI EAFE index, which tracks developed overseas stock […] READ MORE

Confidence in Fed Helps Spark Market Rally – Weekly Update

May 31, 2022 | By Steven DiGregorio

A Good Week The stock market staged a broad rally last week, ignited by the release of minutes from the May’s Federal Open Market Committee (FOMC) meeting. The meeting notes eased concerns that the Fed might pursue a more aggressive monetary tightening stance than the Street had anticipated. Investor sentiment rose owing to solid earnings […] READ MORE