Read more
5:13 PM · 27 February 2023

Fed's Jefferson comments weigh on market sentiment

-
-
Open account Download free app

Major Wall Street initiatives launched today's trading in upbeat moods, however moods soured later in the session partially due to Fed's Jefferson latest comments.

  • The Fed member said that he will be looking for signs that inflation is coming down, and if it is sluggish, or moves in the wrong direction, the US central bank will do more.

  • Right now the labor market is 'very strong' with demand high

  • Right now there is a lot of resolve at the Fed to do what it takes to bring inflation down

  • "Under no illusion" that it will be easy to get inflation to 2%, it could take some time

  • Current inflation may be more persistent than I thought, but we cannot react to one data point

  • It is possible for inflation to fall without causing an unnecessary amount of disruption in the labor market.

US500 pulled back from session highs and is trading below the psychological 4000 pts mark. Source: xStation5

14 January 2026, 6:23 PM

Daily Summary: US Futures Retreat Amid Geopolitical Tensions and Inflationary Heat

14 January 2026, 5:28 PM

S&P 500 futures retreat 1% amid hawkish Fed rhetoric and robust data

14 January 2026, 3:23 PM

US Open: Indexes Stop on PPI, Banks in the Shadow of Data

14 January 2026, 1:55 PM

MIDDAY WRAP: Mixed sentiment in Europe, declines on U.S. indices

Join over 2 000 000 XTB Group Clients from around the world

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits