S&P 500 Edges Higher, Building on November Gains

[ad_1] The S&P 500 edged higher Tuesday, lifted by rising tech stocks and consumer-focused shares. The broad U.S. stock index is on pace to end November with its best monthly performance…

Fed Official Backs Higher Interest Rates as Banking Stresses Fade

[ad_1] Inflation “is still much too high and so my job is not done,” says Fed governor Christopher Waller. [ad_2] Source link

Deposit Outflows Shine Light on Fed Program That Pays Money-Market Funds

[ad_1] Banks are under pressure from depositors’ embrace of money-market funds, pushing a popular Federal Reserve-sponsored financing program into the spotlight. Money-market fund assets are increasing at a record clip.…

Fed Official Says Hotter Data Will Warrant Higher Rates

[ad_1] Economy Job markets are still ‘unsustainably hot’ and progress on bringing down inflation may have stalled, says Fed governor Christopher Waller [ad_2] Source link

Fed Sets Course for Milder Interest-Rate Rise in February

[ad_1] Officials could begin deliberations at their coming meeting on whether and when to pause rate increases this spring. [ad_2] Source link