Workers sort packages at a FedEx Express facility on Cyber Monday in Garden City, New York, on Monday, Nov. 28, 2022. Michael Nagle | Bloomberg | Getty Images Job openings dipped in October amid the F...
Tag: Fed
Elon Musk says the Fed must cut rates ‘immediately’ to stop a severe recession
Tesla Motors CEO Elon Musk unveils a new all-wheel-drive version of the Model S car in Hawthorne, California October 9, 2014. Lucy Nicholson | Reuters Elon Musk thinks a recession is coming and worrie...
Housing Price Index Slows And Consumer Confidence Falls As Potential Recession Inches Closer
(Photo by Barbara Alper/Getty Images) Getty Images Key Takeaways Confidence has fallen in November after rising for the previous three months The S&P CoreLogic Case Shiller fell a further 0.8% in ...
Stock Market Closes Lower After Fed Official Says Inflation Could Last Into 2024
The stock market closed lower Monday after Fed officials gave separate speeches across the country that said inflation could last into 2024 and that financial markets may be underestimating the number...
U.S. stocks have worst day in nearly three weeks as hawkish Fed speak, China worries rattle markets
U.S. stocks had their worst day in nearly three weeks on Monday as protests in China raised global-growth risks and Federal Reserve officials said more interest-rate increases will be needed to subdue...
Strong labor report could bring bigger Fed hikes
CNBC’s Jim Cramer on Monday told investors that a key labor report could help drive the Federal Reserve’s inflation strategy. “We need to see the unemployment rate go higher, while w...
Looming S&P 500 Bear Case Sees 15% Drop on Fed Balance-Sheet Unwind
(Bloomberg) — Bulls getting comfortable with Federal Reserve rate-hike policy have another threat to contend with, one that a team at Morgan Stanley says has the potential to send stocks to fres...
Fed Officials Say More Rate Hikes Coming; Williams Flags Path to Cuts
(Bloomberg) — Fed policymakers stressed on Monday that they will raise borrowing costs further to curb inflation, with one key official saying that he sees interest rates heading somewhat higher...
Bear Market Enters Longer Than Average Territory And Interest Rates Put Breaks On Housing Market
dpa/picture alliance via Getty Images TL;DR The current bear market is now officially longer than average, with it now being over a month since the average of 9.6 months was surpassed Property values ...
When’s The December CPI Report And What To Expect From It
Jerome Powell, chairman of the US Federal Reserve, speaks during a news conference following a … [+] Federal Open Market Committee (FOMC) meeting in Washington, DC, US, on Wednesday, Nov. 2, 202...
Powell to Set Stage for Slowing Fed Rate Hikes Amid Hawkish Tone
(Bloomberg) — Chair Jerome Powell is expected to this week cement expectations that the Federal Reserve will slow its pace of interest-rates increases next month, while reminding Americans that ...
US Jobs Report Likely to Show Subtle Progress for Fed: Eco Week
(Bloomberg) — The latest reading of the US labor market on Friday is expected to show job growth on more of the downward glide path sought by Federal Reserve policy makers in their fight to beat...
3 Big Bank Stocks With Improved Price Chart Patterns
Bank Building getty That more investors are convinced the Fed will pivot next year to lower interest rates may be the reason for the buying coming into bank stocks. The expectation that such a favorab...
Risk Appetite Is Surging Again in Markets Seduced by Fed Hope
(Bloomberg) — Under the surface of one of the quietest weeks on Wall Street all year, some money managers are renewing speculative bets, hoping against hope that a more friendly — or at le...
Fed Minutes Offer Detail On Likely December 14 Rate Hike
Fed minutes from the November 1-2 2022 meeting, made clear the Fed’s continued focus on the risks of … [+] entrenched inflation. Photographer: Al Drago/Bloomberg © 2022 Bloomberg Finance L...
Central banks could leverage stablecoins as a shortcut, according to a New York Fed advisor – crypto.news
Central Banks could just opt to use stablecoins instead of developing their own central bank digital currencies (CBDCs), according to one Federal Reserve research advisor. New York Federal Reserve res...
Mortgage Demand Down Up To 88% From This Time Last Year
Nov. 17. (AP Photo/Nam Y. Huh) Copyright 2022 The Associated Press. All rights reserved. Key Takeaways Mortgage refinance applications are down 88% since this time last year, with new mortgage applica...
VIX Inches Closer to Key Level After Fed Meeting Minutes
(Bloomberg) — The Cboe Volatility Index, or VIX, extended its decline Wednesday to close at its lowest level in more than three months as stocks climbed after minutes from the Federal Reserve’s ...
Bitcoin Price Climbs As Fed Meeting Suggests Slowing Down Interest Hikes
Bitcoin and its fellow crypto assets made a little recovery today that helped the market capitalization of the entire crypto market increase by 2.1% over the last 24 hours. BTC peaked at $16,769 befor...
Fed minutes show ‘substantial majority’ support slowing pace of rate hikes
A “substantial majority” of Fed officials believe it will soon be time to slow down the central bank’s current pace of rate hikes. Minutes from the Federal Reserve’s policy meeting earlier...
Fed minutes indicate smaller rate hikes ahead: time to buy?
S&P 500 ended in the green again after minutes from the Fed’s most recent meeting confirmed that officials agreed on switching soon to smaller rate hikes. Should you turn bullish on equities now? ...
Bitcoin, Ethereum and Dogecoin Jump on Release of Fed Minutes
Bitcoin jumped slightly on the release of the Federal Reserve’s minutes from its November meeting, the captured discussion suggesting that the central bank may make smaller interest rate increases goi...
Fed Signals Rate Hikes Will Slow ‘Soon’ As Financial Instability Risks Rise
Topline The Federal Reserve indicated Wednesday it may soon ease up on its aggressive policy as higher interest rates start slowing the economy—signaling the worst of the central bank’s rate hik...
Crypto prices pare initial gains after Fed minutes show a slow down ‘soon’
Crypto prices rose and quickly came back down upon the release of the minutes showing that the Fed is going to “slow” down its hikes. The Federal Open Market Committee (FOMC) — which decid...
Fed minutes November 2022:
Federal Reserve officials earlier this month agreed that smaller interest rate increases should happen soon as they evaluate the impact policy is having on the economy, meeting minutes released Wednes...
The Fed Minutes Are Today. Here’s What to Watch.
Federal Reserve officials have been laying the groundwork in recent weeks for the possibility that the central bank will ease off its aggressive monetary-policy tightening path and raise interest rate...
Stablecoins could offer central banks a shortcut, says New York Fed advisor
Stablecoins could offer central banks a shortcut to having their own digital currencies, a New York Federal Reserve advisor said at an event in London on Tuesday. “Instead of issuing a retail [...
Bitcoin, ether, altcoins, crypto stocks are all buzzing pre-market ahead of Fed minutes
Altcoins led a rally across crypto asset prices, with some adding double-digit gains. Binance’s BNB rose 13%, and Litecoin’s LTC was up over 15%. Bitcoin rose 3.2% over the past 24...
When Will The Bear Market End?
(Photo by DEA / G. CARFAGNA/De Agostini via Getty Images) De Agostini via Getty Images Key Takeaways The current bear market has now been running for just over ten months. This is longer than the aver...
Dow Jones Dives Nearly 500 Points On China Covid Protests, Fed Official Comments
Dow Jones futures were higher ahead of Tuesday’s open after the Dow Jones Industrial Average sold off nearly 500 points Monday. Investors will soon shift their attention to Fed Chair Jerome Powe...