Dovish Fed Pivot Pushes Bond Yields Lower, Gold at 5-Year High as Dollar Slumps

Dovish Fed Pivot Pushes Bond Yields Lower, Gold at 5-Year High as Dollar Slumps

The Federal Reserve's dovish turn on interest rates, alongside Chairman Jerome Powell's somber assessment of the global economy, has investors betting in rare unanimity on near-term cuts as central banks around the world react to the new reality of slowing growth and weakening currencies.

Where the Fed Is Headed

Where the Fed Is Headed

The Fed appeared to hint that a cut could be coming later as it focuses on expansion -- here's what that could mean.

Fed Holds Rates Steady; Powell Says 'We Are Prepared to Move'

Fed Holds Rates Steady; Powell Says 'We Are Prepared to Move'

The Fed's monetary-policy committee voted to keep the benchmark U.S. interest rate at 2.25% to 2.5%, but warned of risks to the U.S. economy and dropped a pledge to remain 'patient' on future rate cuts.

Keep One Eye on the Fed, One on the Russell

Keep One Eye on the Fed, One on the Russell

Watch the Russell 2000: It closed at 1550, which is where the 200-day moving average line resides -- if it can get up and over this level, it can improve, but if it slips, those moving average lines become problematic.

Fed Unlikely to Cut Loose

Fed Unlikely to Cut Loose

The odds that the Fed would cut were already quite low and the news Tuesday of some progress on China trade makes it even more unlikely.

No Calm Before the Storm

No Calm Before the Storm

Comments from President Donald Trump and the European Central Bank gave the markets a jolt before Wednesday's Fed meeting.

Trump White House Explored Demoting Powell - Report

Trump White House Explored Demoting Powell - Report

The Trump administration actively explored taking legal action to demote Federal Reserve Chairman Jerome Powell, an extraordinary and unorthodox move that calls into question the White House's perception of the central bank's independence - and track record.

As U.S. Economy Downshifts, Fed Chief Powell Prepares to Alter His Message

As U.S. Economy Downshifts, Fed Chief Powell Prepares to Alter His Message

The Federal Reserve's monetary-policy committee, after a two-day meeting that culminates on Wednesday, is likely to scrap a pledge for 'patience' on setting interest rates, paving a way for a rate reduction in July, according to economists at Deutsche Bank.

U.S. Housing Starts Fall Less Than Expected in May After Drop in Mortgage Rates

U.S. Housing Starts Fall Less Than Expected in May After Drop in Mortgage Rates

Builders started 1.269 million new home-construction projects during May, the Census Bureau says, down from the prior month's 1.29 million. But the figure for housing starts still exceeded Wall Street expectations for 1.245 million new projects in May.

Chop, Pullback Likely, But No Recipe Yet for Big Decline

Chop, Pullback Likely, But No Recipe Yet for Big Decline

Short-term chop or pullback appear likely, but there's an indicator worth fretting over: The 50- and 200-day moving average lines of the Russell 2000 are rolling over.