Tag: inflation figures
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…]
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: 5 real risks that could crush stocks in 2024 — and why they won’t
As U.S. stocks flirt with new highs and recession seems less and less likely, the hard-core stock-market bears continue to predict an array of market-tanking [Read more about this post…]
Goolsbee says it’s too soon to determine when Fed will cut interest rates
Chicago Federal Reserve President Austan Goolsbee on Friday declined to say when he thinks the central bank will cut interest rates, but he said reductions [Read more about this post…]
Fed’s Bostic makes case for first rate cut in July-September quarter
Atlanta Fed President Raphael Bostic on Thursday laid out the case for the central bank holding off from any interest-rate cut until the July-September quarter. [Read more about this post…]
U.K. inflation unexpectedly rose in December to 4%
U.K. consumer prices accelerated unexpectedly in December, driven by new taxes on tobacco products, and likely pushing out calls for rate cuts at the Bank [Read more about this post…]
What’s next for stocks as ‘tired’ market stalls in 2024 ahead of retail sales
U.S. stocks are struggling to advance in early 2024, as investors digest the start of company earnings reports kicked off by Wall Street banks and [Read more about this post…]
‘Damage has been done.’ Why economist Galbraith says the Fed should cut rates.
James Galbraith, the son of famed American economist John Kenneth Galbraith — who was a close adviser to U.S. President John Kennedy — has carved [Read more about this post…]
Dow rises as yields fall, while tech buoys S&P 500, Nasdaq
Stocks traded higher Monday afternoon as tech stocks were lifted by a pullback in Treasury yields. What’s happening The Dow DJIA rose 120 points, or [Read more about this post…]
U.S. inflation falls by more than expected in November, bolsters case for lower interest rates from the Fed
The U.S. inflation rate, based on the Federal Reserve’s preferred personal consumption expenditure index, fell in November for the first time since 2020 and indicated [Read more about this post…]
