News Results

  1. Ecuador central bank cuts 2023 growth forecast due to lower oil exports
    Reuters | 01:45 PM EDT

    Ecuador's central bank on Friday cut the Andean country's economic growth forecast for the year to 2.6%, from 3.1%, citing the impact of reduced oil exports, and said economic growth in 2022 was 2.9% Protests, an earthquake, and damage to infrastructure have all weighed on Ecuador's oil operations this year, with the country's energy ministry cutting its oil production forecast for 2023 by 8%. ...

  2. Banking Crisis Is How It Starts, Recession Is How It Ends
    | 01:02 PM EDT

    As the Fed tightens monetary policy, a banking crisis is historically the first evidence that something was breaking. "Last week, amid a rash of bank insolvencies, government agencies took action to stem a potential banking crisis. Banks quickly tapped the program, as shown by the $152 billion surge in borrowings from the Federal Reserve.

  3. US STOCKS-S&P 500 set for upbeat end to quarter amid softer Fed policy hopes
    Reuters | 12:52 PM EDT

    * February PCE growth slows. * Rate-sensitive stocks lead gains. * Micron down as China to launch cybersecurity review. * Indexes up: Dow 0.74%, S&P 0.85%, Nasdaq 1.09% By Amruta Khandekar and Ankika Biswas.

  4. Form FWP ROYAL BANK OF CANADA Filed by: ROYAL BANK OF CANADA
    EDGAR SEC Filings | 12:47 PM EDT

    http://archive.fast-edgar.com/20230331/AI2ZA22CZC22O2KK222P2C424NWBZC22ZC52 Filed on: March 31, 2023.

  5. Form FWP ROYAL BANK OF CANADA Filed by: ROYAL BANK OF CANADA
    EDGAR SEC Filings | 12:40 PM EDT

    http://archive.fast-edgar.com/20230331/AI2PA22CZC22O2KK222P2C424NWBZC22Z252 Filed on: March 31, 2023.

  6. GLOBAL MARKETS-Stocks climb and U.S. yields fall after inflation data
    Reuters | 12:07 PM EDT

    * Drop in euro zone, U.S. inflation data bolsters market mood. * Two-year Treasuries enjoy biggest monthly rally since 2008. * Euro up 3% this month, yen 2.5% higher, gold surges 8% By Chuck Mikolajczak.

  7. BRIEF-ECB Concludes Asset Quality Reviews Of Crelan, Citadele Banka, Goldman Sachs And Morgan Stanley
    Reuters | 12:05 PM EDT

    European Central Bank: * ECB CONCLUDES ASSET QUALITY REVIEWS OF CRELAN, CITADELE BANKA, GOLDMAN SACHS AND MORGAN STANLEY. * ASSET QUALITY REVIEWS CARRIED OUT AFTER BANKS CLASSIFIED AS SIGNIFICAN. * ECB - NO CAPITAL SHORTFALLS IDENTIFIED. * ECB - BANKS EXPECTED TO ADDRESS FINDINGS Further company coverage:

  8. US consumer mood darkens but banking turmoil impact limited so far, UMich says
    Reuters | 10:44 AM EDT

    - U.S. consumer sentiment fell for the first time in four months in March as consumers worried increasingly that a recession is coming, although the turmoil in the banking system has yet to resonate extensively among American households, a survey released on Friday showed.

  9. University Of Michigan Revises Consumer Confidence Index Lower For March; Long-Term Inflation Expectations Remain High
    | 10:41 AM EDT

    The University of Michigan Consumer Confidence Index was revised downward from an original estimate of 63.2 to 62 points in March on Friday --?down by 5 points or 8.8% from February. One broad takeaway: Sentiment among U.S. consumers has dropped for the first time in four months,?but continues to remain?4.4% higher than a year earlier.

  10. CANADA STOCKS-TSX rises as domestic economy outperforms; Rogers slides
    Reuters | 10:38 AM EDT

    * First Quantum up on JV to develop Peru copper project. * Rogers Communications (RCIAF) down after billion-dollar deal nod. * Jan GDP up 0.5% vs. est. of 0.3% * TSX up 0.6% By Johann M Cherian. March 31 - Canada's main stock index edged up on Friday as investor sentiment gained steam after data showed the domestic economy grew more than expected in January.

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

fir_news_results