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With inflation beginning to cool but many economic headwinds on the horizon, many on Wall Street are still debating as to when the Federal Reserve will begin to cut rates. Recent comments from Fed leadership continue to throw doubt on the Fed’s next moves. Vanguard Chief Economist & Global Head of Portfolio Construction Roger Aliaga-Díaz joins Yahoo Finance to discuss what are the conditions that need to be met for the Fed to make interest rate cuts and the possibility of where the economy might land. Aliaga-Diaz claims the Fed needs “to see inflation in a sustained path downwards. This is difficult to think it will continue without further softening […]

The minutes from the Federal Reserve’s December meeting shows officials believe interest rates may have reached or be near the peak for the current cycle, with a consensus that rates could end 2024 lower due to progress being made in the fight against inflation. However, officials also stressed that there is a lot of uncertainty in the economy and left the door open to raising rates again if they determine it is needed. Officials emphasized the need for more evidence that inflation is moving towards the central bank’s 2% target. One thing policymakers noted is that they are paying attention to the six-month measure of inflation. That is important because […]

The Santa Claus rally is a closely watched indicator by Wall Street traders, but this year, it is going to fall short. In the video above, Yahoo Finance’s Jared Blikre explains why the rally gets so much attention and what it could indicate if it falls short of expectations. #stockmarket #yahoofinance #youtube About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. – Get the latest news and data at finance.yahoo.com – Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) – Follow Yahoo Finance on social: X: […]

US job openings fell to 8.79 million in November from 8.85 million in October, their lowest level since March 2021, the Labor Department reported Wednesday. Yahoo Finance Live anchors Julie Hyman and Josh Lipton discuss reports on the breaking jobs data and the Federal Reserve’s dual mandate of balancing employment while lowering inflation. #yahoofinance #youtube #stockmarket About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. – Get the latest news and data at finance.yahoo.com – Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) – Follow Yahoo […]

#yahoofinance #stockmarket #investing #stocks #Fed #inflation Executives, experts, and influencers join the Yahoo Finance team to discuss what’s moving the world of finance. To get the latest markets news check out finance.yahoo.com About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more. […]

The November JOLTS report (Job Openings and Labor Turnover Survey) saw job openings come in slightly below estimates, ahead of Friday’s jobs report. Mizuho Securities USA Chief Economist Steven Ricchiuto joins Yahoo Finance Live to discuss expectations for the labor market in 2024. Ricchiuto notes that current data shows the “labor market remains very, very tight.” He explains that workers getting fired and re-entering the job market are finding new jobs quickly, pointing to the tremendous amount of openings. This proves “the labor market is still hot,” Ricchiuto says. “People really, really want the Fed [Federal Reserve] to cut interest rates,” he adds. However, with an average quarterly GDP growth […]

Nvidia (NVDA) had a momentous 2023, thanks to its AI chips and well over 200% gain in its stock price. But with potential economic headwinds, increased competition, and regulations on what it can ship to China, can that success carry into 2024? Stifel Applied Technology Analyst Ruben Roy thins it can. He joins Yahoo Finance to discuss why he believes Nvidia is a good idea for any investor’s portfolio. Roy explains why Nvidia is so dominant in the sector: “Nvidia came up with a software stack, CUDA, that is the ecosystem of AI right now. If you look at Apple (AAPL) and iOS, the way we’re thinking about it is, […]