Tag: economic performance
Ex-U.K. finance minister Kwasi Kwarteng to step down from politics
Kwasi Kwarteng, who served as the U.K.’s finance minister during the mini-budget crisis which saw Britain’s pound drop to its lowest ever levels against the [Read more about this post…]
Fed’s Goolsbee: Nothing needs to change in the data to justify rate cuts
The economic data doesn’t have to change in order to justify interest rate cuts, there just has to be more of it, Chicago Fed President [Read more about this post…]
Powell says economy’s strength allows Fed to be careful about rate cuts
Federal Reserve Chairman Jerome Powell on Sunday said that the strength of the economy allows the Fed to be “careful” in deciding when to cut [Read more about this post…]
Stock investors fear ‘no-landing’ economy could spell trouble. What’s next?.
While the U.S. stock market has been pricing in a “soft-landing” scenario for the economy, a blowout January jobs report, relatively strong corporate earnings, and [Read more about this post…]
How those strong jobs figures could weaken Biden’s re-election prospects
President Joe Biden issued a statement Friday celebrating the latest blowout jobs report. They showed “another month of strong wage gains and employment gains of [Read more about this post…]
Bank of England to keep rates near 16-year high, but traders bet cuts are coming
The Bank of England on Thursday is expected to follow the European Central Bank last week and the Federal Reserve on Wednesday in leaving interest [Read more about this post…]
Opinion: It’s the ‘woke’ economy, stupid: Progressive U.S. policies empower populists
Progressives around the world are worried. Right-wing populists have won national elections in the Netherlands and Italy and enjoy rising strength in Germany. In the United States, despite indictments on 91 [Read more about this post…]
Stock-market rally faces Fed, tech earnings and jobs data in make-or-break week
Stock-market investors may take their cues from a series of important events in the week ahead, including the Federal Reserve’s monetary-policy meeting, a closely-watched December [Read more about this post…]
Fed interest-rate decision and January jobs report takes center stage this week
Inflation is slowing toward pre-pandemic levels and the U.S. economy is still surprisingly strong. The stage is also set for the Federal Reserve to cut [Read more about this post…]
Here’s why Biden may not get a political lift from strong GDP growth
The U.S. economy scored another good grade Thursday, showing stronger-than-expected growth of 3.3% in gross domestic product for the fourth quarter. President Joe Biden and [Read more about this post…]
