The dramatic drop in regional bank stocks is a key entry point for investors, according to analyst Christopher Marinac. Marinac, who serves as Director of Research at Janney Montgomery Scott, believes...
Tag: Federal Reserve Bank
Evercore warns SVB fallout will force new market low
Evercore ISI is comparing the bank stress to another critical time on Wall Street: The year of the savings and loan crisis and epic crash. “To think you would see financial stress of this kind d...
Something broke, but the Fed is still expected to go through with rate hikes
Federal Reserve Chairman Jerome Powell testifies during the Senate Banking, Housing, and Urban Affairs Committee hearing titled The Semiannual Monetary Policy Report to the Congress, in Hart Building ...
Two bond ETF strategies that may help investors profit from rate hikes
Interest rate jitters are meaningfully pushing investors to the shorter end of the yield curve, according to Joanna Gallegos, co-founder of fixed-income ETF issuer BondBloxx. Gallegos, former head of ...
Market pricing swings back to quarter-point Fed rate hike
A trader works on the floor during morning trading at the New York Stock Exchange (NYSE) on March 10, 2023 in New York City. Spencer Platt | Getty Images It seemed like only yesterday that markets we...
Powell changed everything this week on market’s view of interest rates
Federal Reserve Chair Jerome H. Powell testifies before a House Financial Services hearing on “The Federal Reserve’s Semi-Annual Monetary Policy Report” on Capitol Hill in Washington...
Fed Chair Powell says interest rates are ‘likely to be higher’ than previously anticipated
Federal Reserve Board Chairman Jerome Powell speaks during a news conference after a Federal Open Market Committee meeting on February 01, 2023 in Washington, DC. Kevin Dietsch | Getty Images Federal...
Fed’s Mester says she has hope that inflation can be brought down without a recession
Cleveland Federal Reserve President and CEO Loretta Mester gives her keynote address at the 2014 Financial Stability Conference in Washington December 5, 2014. Gary Cameron | Reuters Cleveland Federal...
Minutes show Fed members resolved to keep fighting inflation
Federal Reserve officials at their most recent meeting indicated that there are signs inflation is coming down, but not enough to counter the need for more interest rate increases, meeting minutes rel...
Fed’s James Bullard pushes for faster rate hikes, sees ‘good shot’ at beating inflation
St. Louis Federal Reserve President James Bullard expressed confidence that the central bank can beat inflation and advocated Wednesday for stepping up the pace in the battle. Bullard told CNBC that a...
Popular ETF strategy shift may benefit investors
With Wall Street jitters increasing over the number of interest rate hikes ahead, VettaFi’s Todd Rosenbluth sees signs of a comeback in managed fixed-income exchange-traded funds. “It̵...
Markets fall on hot economy, chance of 0.5% rate hikes
James Bullard, president of Federal Reserve Bank of St. Louis, at the Jackson Hole economic symposium, in Moran, Wyoming, U.S., on Thursday, Aug. 22, 2019. David Paul Morris | Bloomberg | Getty Images...
Stocks were steady even as U.S. inflation rose
U.S. egg prices jumped by two to three times in January. Fatih Aktas | Anadolu Agency | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC ...
Inflation report due Tuesday has the potential to deliver some bad news
Prices are displayed in a grocery store on February 01, 2023 in New York City. Leonardo Munoz | Corbis News | Getty Images Just as Federal Reserve officials have grown optimistic that inflation is coo...
Fed Governor Christopher Waller warns that interest rates could go higher than expectations
Christopher Waller, U.S. President Donald Trump’s nominee for governor of the Federal Reserve, speaks during a Senate Banking Committee confirmation hearing in Washington, D.C., U.S, on Thursday...
Fed Chief Powell says the disinflationary process has begun, but has a long way to go
Federal Reserve Chairman Jerome Powell said Tuesday that inflation is beginning to ease, though he expects it to be a long process and cautioned that interest rates could rise more than markets expect...
Watch Federal Reserve Chair Jerome Powell discuss inflation, interest rates and the economy
[The stream is slated to start at 12:40 a.m.ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chairman Jerome Powell speaks Tuesday afternoon in a question-an...
Fed’s Neel Kashkari says central bank has not made enough progress, keeping his rate outlook
Minneapolis Federal Reserve President Neel Kashkari said Tuesday that explosive jobs growth in January is evidence that the central bank has more work to do when it comes to taming inflation. That mea...
Fed rate decision February 2023: Quarter point hike
The Federal Reserve on Wednesday raised its benchmark interest rate by a quarter percentage point and gave little indication it is nearing the end of this hiking cycle. Aligning with market expectatio...
Investors dangerously ignoring bear market impact on earnings
Famed short seller Jim Chanos sees an alarming trend in the market. “I’ve been on the Street [since] 1980 [and] not one bear market has ever traded above nine times to 14 times the previou...
Key Fed measure eased, spending also declined
Egg shelves are seen with a note apologizing to customers for the price increase after the reduction in productivity brought on by poultry fatalities caused by various illnesses, in San Mateo, Califor...
JPMorgan’s Kolanovic sees correction, hard landing
JPMorgan’s Marko Kolanovic is abstaining from the early 2023 rally. Instead, the Institutional Investor hall-of-famer is bracing for a 10% or more correction in the first half of this year, tell...
Fed Governor Waller backs quarter-point interest rate hike at next meeting
Christopher Waller, U.S. President Donald Trump’s nominee for governor of the Federal Reserve, listens during a Senate Banking Committee confirmation hearing in Washington, D.C., on Thursday, Fe...
Fed Governor Lael Brainard sees high rates ahead even with progress on inflation
Lael Brainard, vice chair of the US Federal Reserve, during a University of Chicago Booth School of Business event in Chicago, Illinois, US, on Thursday, Jan. 19, 2023. Jim Vondruska | Bloomberg | Ge...
Time for the Fed to declare victory on inflation? Not yet
A man pumps gas at a gas station in the Brooklyn borough of New York, the United States, Dec. 13, 2022. Michael Nagle | Xinhua News Agency | Getty Images December’s monthly decline in the consum...
Morgan Stanley’s Mike Wilson issues correction warning
Morgan Stanley’s Mike Wilson is telling investors to brace for a winter downdraft. He warns S&P 500 is vulnerable to a 23% drop — bringing it to 3,000. “Even though a majority of insti...
Fed’s Bowman says there’s ‘a lot more work to do’ to bring down inflation
Federal Reserve Bank Governor Michelle Bowman gives her first public remarks as a Federal policymaker at an American Bankers Association conference In San Diego, California, February 11 2019. Ann Saph...
Raphael Bostic says Fed needs to ‘stay the course’ despite lower wage gains
Atlanta Federal Reserve President Raphael Bostic said Friday that December’s jobs report, with its slowdown in wage increases and better than expected employment growth, doesn’t change his...
ADP jobs report December 2022:
The jobs market closed out 2022 on a high note, with companies adding far more positions than expected in December, payroll processing firm ADP reported Thursday. Private payrolls rose by 235,000 for ...
Fed minutes December 2022:
WASHINGTON – Federal Reserve officials are committed to fighting inflation and expect higher interest rates to remain in place until more progress is made, according to minutes released Wednesday from...
Fed raises interest rates half a point
The Federal Reserve on Wednesday raised its benchmark interest rate to the highest level in 15 years, indicating that the fight against inflation is not over despite some promising signs lately. Keepi...