Think the Fed will be done after two more rate hikes? How Friday's jobs report may trigger a major market repricing.

Keywords

Fedinterest ratesemploymentDXY

Open a keyword to see other news on the same topic.

Related tickers and likely impact

Impact is scored by AI from the headline and may be wrong. It is not investment advice.

Related news

• US Economy Set for Unprecedented Record in 57 Years

  U.S. initial jobless claims for the week ending October 17 fell by 6,000 to 194,000 after seasonal adjustment, below the 200,000 forecast by economists surveyed by Reuters. It was the sixth straight week claims stayed at or below 200,000, and the latest figure is close to the 189,000 recorded in mid-July, the lowest since 1969. Economists say companies are holding onto staff as the labor supply shrinks due to retirements and tighter immigration policy, while corporate profits are supported by solid domestic demand. Hiring remains subdued, with the U.S. adding just 29,000 jobs in September versus 133,000 in August, while continuing claims rose by 25,000 to 1.728 million. Economists expect the Fed to hold its policy rate at about 3.75%-4% at next week's meeting, before a possible increase in December.

  CafeF·23/10, 07:50• DXYFedinterest ratesemployment
• US consumers are muscling through higher prices , but for how long ? - The Business Journal Inflation Rises as High Gas Prices Strain Consumers Despite Strong Spending

  Inflation accelerated in September as higher gas and diesel prices lifted costs in shipping, warehousing and wholesale food, with the producer price index up 6.3% from a year earlier and consumer inflation at 3.7%. Despite this, consumers kept spending: retail sales rose 0.8% from August, more than economists had forecast, driven by a 6.4% jump at gas stations, while sales excluding gas rose just 0.2%. The job market remains relatively firm, with weekly jobless claims below 200,000, though September hiring slowed to 29,000 jobs and inflation-adjusted paychecks fell from a year earlier for the first time since May. Economists warn persistent inflation could erode spending power, and Fed minutes show most officials expect another rate increase this year after the September rise to about 3.9%.

  thebusinessjournal.com·16/10, 00:15▲ DXYinflationFedfuel prices
• The number of Americans filing for jobless aid remains at historically low levels

  Initial jobless claims for the week ending October 10 rose by 1,000 to 199,000, and the four-week average edged up to 198,500, signaling that layoffs remain historically low; claims have stayed below 220,000 so far this year. Total claims for the week ending October 3 fell by 4,000 to 1.71 million. The job market is described as 'low-hire, low-fire': unemployment ticked up to 4.2% last month, and employers added just 29,000 jobs in September, down from 133,000 in August and below forecasts. Concerns remain that higher borrowing costs and energy-driven inflation could push businesses to cut jobs, and Kroger said it will cut about 3,000 corporate roles over three years.

  norfolkdailynews.com·15/10, 20:45▲ DXYunemploymentemploymentDXY
• The Fed Is Suddenly on Hold. When Could It Start Hiking Interest Rates Again?

  The FOMC held the federal funds target range at 3.75% to 4%, after a quarter-point hike in September. September inflation was 3.7% year over year, well above the Fed's 2% target and up from 3.4% in August, and the committee said it wants more information before further action. The author expects a hike at the December 8–9 meeting, and futures markets put a 76% chance on a quarter-point increase then. Markets also see a 76.5% chance of at least one more hike in 2027 and about 43% odds of two or more. Research from Charles Schwab, cited in the article, suggests slower Fed tightening tends to support stronger stock returns.

  Yahoo Finance·02/11, 19:50▲ DXY▼ AUD/USD▼ EUR/USD▼ GBP/USDFedinterest ratesUS dollar
• Dollar Rises as Traders Weigh Fed DecisionYahoo Finance·29/10, 09:10▲ DXY▼ EUR/USD▼ AUD/USD▼ GBP/USDUS dollarFedDXY
• Analysis: Warsh is learning to wield the Fed's power without showing his hand

  Fed Chair Kevin Warsh's Wednesday press conference was far less defensive than his early appearances, and he is letting markets guess his next move to a degree. He said financial conditions are tighter but declined to call them tight, signaling a lean toward higher rates and laying groundwork for a possible December hike if inflation stays stubborn. Warsh did not confirm that officials who talked down market expectations had acted at his direction, and stressed that the inflation target is a flat 2%. He announced that the FOMC will skip rate-decision votes at one meeting in 2027 and two in 2028, while still meeting eight times a year. PGIM chief U.S. economist Robert Sockin called holding rates this week a “policy mistake” that could force the Fed to hike higher and raise recession risk.

  CNBC·29/10, 09:00• DXYFedKevin Warshinterest rates

Related markets

Currencies →Gold →Crypto →US stocks →

Latest news

• Live updates: Bitcoin and stocks reverse overnight plunge following Blue Wave landslide

  The biggest losers so far are AI data center stocks. This follows victories by several candidates who campaigned expressly against the sector.

  CoinDesk·04/11, 14:00▲ BTC/USDT▲ SPY
• SpaceX, Tesla stocks sink as analyst warns Democrats' victory will create 'major hurdles' for AI build-out

  SpaceX (SPCX) fell 7% and Tesla (TSLA) fell 5% on Wednesday, along with AI-linked stocks CoreWeave (CRWV), IREN (IREN) and Vertiv (VRT), after Democrats won majorities in the House and Senate. Yorkville analyst Dan Ives said this will slow the pace of 800 to 1,000 planned AI data centers across the US over the next 2 years. He pointed to Texas as the biggest risk, where around 25%-30% of data center gigawatts and capacity will come from, after Democrat Gina Hinojosa defeated Governor Greg Abbott. Ives said SpaceX and Musk are caught at the center of this political risk, and Big Tech will need to adapt to the new political landscape.

  Yahoo Finance·04/11, 13:51▼ TSLA▼ NVDA
• Meet the Only "Magnificent Seven" Stock That's Outperforming the S&P 500 and Nasdaq This Year (Hint: It's Not Nvidia)

  Apple (AAPL) is the only 'Magnificent Seven' stock still outperforming the S&P 500 and Nasdaq this year after last week's sell-off, up 26.8% year-to-date, and it overtook Nvidia as the world's most valuable company on Oct. 30. The article argues Apple's thesis does not depend on heavy AI capex, as it generated $31.9 billion in trailing 12-month free cash flow, while Amazon, Alphabet and Meta Platforms have turned free cash flow negative as their AI spending grows. AI is seen as an add-on to Apple's ecosystem and products rather than the main driver. Apple trades at 39.5 times earnings and 36.1 times forward earnings, well above its 10-year median P/E of 27.6, though the author judges the premium digestible for investors who see Apple as a recession-resistant hybrid, since Walmart (42.8x) and Costco (44.4x) carry even higher forward P/Es.

  Yahoo Finance·04/11, 13:50
• SpaceX Declines 6%, Tesla Falls 5% as Democratic Sweep Raises Merger and Regulatory Risks; General Motors Rises 2%

  SpaceX (SPCX) fell 6% to $133.03 and Tesla (TSLA) fell 5% to $378.20 in morning trading after Democrats were projected to win control of both the House and Senate. The article links the pressure to Elon Musk's political exposure, noting he poured nearly $450 million into Republican coffers before the vote, while General Motors and Ford each rose 2%. Democrats could slow a potential Tesla and SpaceX merger, with prediction-market pricing giving a 57.5% probability of an official announcement by June 30, 2027. Barclays estimates Musk would control 56% of the voting rights in a combined entity, although his share of outstanding shares is 37%. More than 1 billion SpaceX shares became eligible for sale after IPO restrictions expired in late October, and the company carries a $1.9 trillion valuation according to Bloomberg.

  Yahoo Finance·04/11, 13:49▼ TSLA
• Marvell Slipped Over The Last Month and Then Crashed Massively on the Lumentum Announcement: This Wall Street Desk Doubled Down on Its 130% Gains Prediction

  Marvell (MRVL) fell nearly 37% over the past month and 29.4% over the past week after announcing an all-stock deal to buy Lumentum (LITE), a steeper drop than AI chip peers, whose monthly declines ranged from 6.48% to 23.66%. Investors disliked paying in stock because it dilutes existing holders, and Marvell carries $4.963 billion in long-term debt while still integrating Celestial AI and XConn Technologies. Several of the 47 analysts covering the stock have cut targets since the deal, with the average target at $333.09 against a price of $171.97. Piper Sandler kept its Overweight rating and $400 target, calling the selloff an overreaction and citing second-quarter fiscal 2027 revenue of $2.739 billion, up 36.5%. The article notes most targets were set before the deal, so the average could drift lower.

  Yahoo Finance·04/11, 13:45
• Tesla and SpaceX shares slide as Musk’s political push falls flat

  Billionaire Elon Musk spent hundreds of millions of dollars on the U.S. election. Investors are now worried about less favorable policies under new Democratic officials.

  MarketWatch·04/11, 13:41▼ TSLATSLAElon MuskSpaceX