U.S. Markets

The Fed indicated that rate hikes could come as soon as 2023, after signaling in March that it saw no increases until at least 2024.

Watch Fed Chair Jerome Powell’s press conference and follow along with market reaction to the central bank’s latest policy decision.

Every quarter, members of the FOMC forecast where interest rates will go in the short, medium and long term.

This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policy-making meeting on April 28.

The rise to prominence of so-called “meme stocks” is creating “false markets” that should be actively avoided, according to Man Group CEO Luke Ellis.

Inflation is transitory and the market’s most-crowded trade, according to Bank of America’s June Global Fund Manager Survey.

The Fed’s two-day policy meeting will likely dominate investor behavior this week.

Billionaire hedge fund manager Paul Tudor Jones told CNBC he would “probably buy commodities, buy crypto, buy gold” if the Fed shrugs off inflation.

The market built on Thursday’s gain as investors shrugged off a report showing inflation rising at its fastest pace since 2008.

European stocks are set to outperform the U.S. as inflation sticks around and commodities begin a new “supercycle,” says Livermore Partners CIO David Neuhauser.

Markets participants will continue to ignore risks “until the Fed stops canceling market signals,” says hedge fund pioneer Stanley Druckenmiller.

Economists expect core consumer inflation hit 3.5% in May, the fastest annual pace in 28 years.

Nubank, which was founded in 2013, made its first appearance CNBC’s Disruptor 50 list earlier this year.

Even with headwinds from the Fed and inflation, a booming economy and strong earnings should send the market to a series of new highs this summer.

The S&P 500 sits just 0.3% from its intraday record high earlier in May. The benchmark advanced 0.6% last week to bring its 2021 gains to more than 12%.

A small activist firm pushing Exxon toward a zero-carbon future has won another board seat at the oil giant.

Total assets for the industry swelled to $4.07 trillion as of the end of March, according to the most recent data from BarclayHedge.

Yieldstreet announced Wednesday its $100 million series C funding round.

AMC said in a securities filing that it raised $230.5 million through a stock sale to Mudrick Capital Management.

U.S. stocks finished Tuesday mostly flat as optimism about the economic reopening met lingering angst about inflation and price pressure.