The Federal Reserve on Wednesday predicted U.S. inflation would exceed 5% by the end of 2022 — much higher than its most recent forecasts — underscoring its more aggressive strategy in raising interes...
Tag: economic performance
Read for the Fed Preview. Stay for the Trouble Brewing in the Mortgage Market.
Recent inflation data are something of a game-changer for monetary policy. Expectations for what will come out of the Federal Reserve’s meeting this week and beyond have quickly ratcheted higher, spel...
A 75-basis-point hike? Here are 3 ways the Fed can sound more hawkish this week
The Federal Reserve’s plan to raise its benchmark rate to a neutral level, around 2.5%, by the end of the year is under pressure after a surprisingly strong May consumer-inflation data. “The May CPI w...
S&P 500 Poised for Bear Market as Stock Futures Drop
The S&P 500 was on track to open in bear market territory, while global stocks tumbled and bond yields jumped as fears over inflation rattled investors around the world. Futures for the S&P 50...
U.S. Stocks Poised to Open Lower on Monday Ahead of Fed Week
Stocks are poised to open lower on Monday. (Photo by Spencer Platt/Getty Images) Getty Images Text size U.S. stocks were poised for a lower opening on Monday ahead of the Federal Reserve’s decision on...
Inflation Has Become a Global Problem. Where the U.S. Ranks
David Paul Morris/Bloomberg Text size This commentary was issued recently by money managers, research firms, and market newsletter writers and has been edited by Barron’s. U.S. Gets Ranked on In...
Federal Reserve Meeting, Oracle and Adobe Earnings, May Inflation Data, and More for Investors to Watch This Week
It will be a quiet week on the earnings calendar between earnings seasons. The most important event of the week for investors will be the conclusion of the Federal Reserve’s interest rate-setting comm...
Dow tumbles as inflation reading triggers market shock waves: What investors need to know
From Wall Street to Main Street, fears that the U.S. economy could be sliding into 1970s-style “stagflation” have been percolating. References to the sticky situation appeared in news headlines all we...
Inflation is Hot and Stocks Are Cold. Now the Fed Needs to Rethink Its Rosy Projections.
Text size As the Federal Reserve’s rate-setting committee meets this coming week, it will have to confront the challenge of controlling higher-than-anticipated Inflation, driven by rising food and fue...
Suze Orman says to do this right now if you’re worried about inflation
The rate of U.S. inflation reached a 40-year high of 8.6% in May as overall prices for things including rent, gas and food all remain on the rise. Financial commentator and host of the “Women & Mo...
The stock market and inflation: How the S&P 500 performs on CPI report days
Stock-market investors crowded the exits on Thursday, sending major stock indexes sharply lower a day ahead of another eagerly anticipated consumer-price index reading. Recent history may offer a clue...
Softer Housing Sales Are Hammering Demand for Lumber
Inflation and rising mortgage costs are putting a dent in the housing market, which is hurting lumber demand. Frederic J. Brown/AFP/Getty Images Text size You can almost hear the sound of falling lumb...
U.S. didn’t get any relief from high inflation in May – CPI to show another big gain
Wall Street is looking for a sign, any sign, that U.S. inflation is coming off a rapid boil. But they are unlikely to find much cooling off in May’s report on consumer prices. The consumer price index...
Opinion: Inflation is making everything we buy more expensive, and once stagflation hits things could get even worse
Last month I examined the culprits that are causing global inflation, including rising interest rates, persistent supply chain issues (China locking down cities), and climbing energy and fertilizer pr...
This big investor called inflation early and sees it above 7% at year’s end
Far from the bustle of Wall Street, inside his downtown Minneapolis office, Tim Magnusson got his first aching gut feeling about U.S. inflation in May of last year. That’s when U.S. government data sh...
Peak U.S. inflation? This obscure corner of the financial market says otherwise
In a little-known part of the financial market that’s had the most accurate reads on U.S. inflation so far, traders are pricing in an annual headline rate on the consumer-price index of 8.5% or higher...
Home affordability has ‘collapsed’ in 2022. What to expect next, according to BofA
The double whammy of surging mortgage rates and skyrocketing home prices has led to “collapsed” housing affordability in America, according to Chris Flanagan’s team at BofA Global Research. The situat...
Biden open to canceling $10,000 in student loans per borrower — what that means for your budget, credit score and tax bill
If $10,000 vanishes from your student debt, you may want to celebrate. This is a question millions of student loan holders may be facing soon if President Joe Biden proceeds with a controversial plan ...
Investors may be in for this rude surprise: History shows inflation can take years to return to normal even when Fed hikes above 10%
History can be a powerful tool, particularly in a high-inflation environment like this one in which no suitable economic model seems to apply. Inflation — running at 8.3% as of April, near a four-deca...
Opinion: The Federal Reserve is shrinking its balance sheet under duress, which makes a soft landing nearly impossible
The Federal Reserve has begun to downsize its balance sheet. What does that mean for you? First, you must understand where the balance sheet’s expansion came from and why that policy was pursued. Then...
Treasury Secretary Yellen Says She Was Wrong About Inflation
Treasury Secretary Janet Yellen said Tuesday her inflation projections were wrong in statements she made last year as consumer prices began a surge to their highest level in decades. “I think I was wr...
GameStop, Salesforce, Netflix, Alphabet, Nvidia, and Other Stocks to Watch This Week
Text size Uncredited U.S. stock and bond markets will be closed Monday for Memorial Day. A handful of major companies report later this week, with the economic-data highlight being jobs Friday. HP and...
Opinion: 5 large companies that will emerge from the tech wreck as even more fearsome
The Nasdaq Composite Index’s rebound after seven weeks of losses restored some faith in technology stocks. After all, more than half of Nasdaq-member companies were until recently down 50% or more fro...
U.S. home prices rise at new record rate, Case-Shiller shows
The numbers: U.S. home prices rose again in March even as higher mortgage rates began to bite, leaving prices at all-time highs. The S&P CoreLogic Case-Shiller 20-city price index was up a record ...
Salesforce earnings expected to serve as business-spending bellwether amid economic uncertainty
Salesforce Inc. is expected to have a much more subdued earnings report in the coming week as fear of a recession and inflation, as well as COVID shutdowns in China and the war in Ukraine, are prompti...
These 19 large-cap stocks have now dropped at least 60% from their 52-week highs
The latest inflation figures on June 10 were worse than expected and the effect on stock prices was brutal. A list of stocks in the S&P 500 and the Nasdaq-100 Index that have fallen at least 60% f...