The European Central Bank is set to embark on a critical chapter in its inflation fight, likely to usher in more divisive monetary policy moves. Interest rate hikes to be coupled with a lever for tigh...
Tag: Inflation
Fed’s preferred inflation gauge eases to 6.0%: time to turn bullish?
S&P 500, on Thursday, is holding on to its gains from last night after the Bureau of Economic Analysis said the core personal consumption expenditures price index eased to 5.0% in October. Cameron...
Key inflation measure that the Fed follows rose 0.2% in October, less than expected
A man climbs into the fridge for milk at a Walmart store in Rosemead, California on November 22, 2022. Frederic J. Brown | AFP | Getty Images Inflation rose in October about in line with estimates, se...
Stocks Dip, Salesforce, Costco, Five Below And GE-5 Things To Know
Five things you need to know before the market opens on Thursday December 1: 1. — Stock Futures Drift Lower After Powell-Induced Rally U.S. equity slipped lower Thursday, following on from one ...
S&P 500 Surges Above Key Level On Fed Chief Powell, But Inflation, Jobs Report Loom
Dow Jones futures edged lower overnight, along with S&P 500 futures and Nasdaq futures. Salesforce.com headlined earnings overnight but investor focus will be on Thursday’s PCE inflation rep...
Bitcoin’s 1.7% inflation rate performs better than the Fed’s 2% target
The Bitcoin inflation rate fell from 50% in 2011 to 4% in 2020 prior to the halving and now stands at 1.7%, a figure way below the U.S. Federal Reserve’s monetary inflation rate target of 2%. While t...
Fed Chair Powell Suggests 0.5 Percentage Point Hike For December
Jerome Powell, chairman of the US Federal Reserve, spoke at the Brookings Institute regarding … [+] inflation and the broader economy on November 30. Photographer: Al Drago/Bloomberg © 2022 Bloo...
Fed Chair Jerome Powell says smaller rate hikes could come in December
WASHINGTON – Federal Reserve Chairman Jerome Powell confirmed Wednesday that smaller interest rate increases are likely ahead even as he sees progress in the fight against inflation as largely inadequ...
Eurozone inflation drops as ECB plans rate hikes
For the first in almost one and half years, Euro-zone inflation has declined, giving the European Central Bank (ECB) some hope in the fight against record inflation. Eurostat indicated that the Novemb...
Eurozone Inflation Receding and Now Pegged at 10%
The cost of living crisis was a major challenge for the region this year as it attempted to bring down energy costs. As the year is wrapping up, the efforts of the European Central Bank (ECB) to curta...
Powell Speech Preview: Markets Seek Dovish Tilt As Rate Bets Fade
Federal Reserve Chairman Jerome Powell is set to deliver a key policy speech Wednesday in Washington in what could be the last major address from a central bank official prior to its December rate-set...
Transitory inflation talk is back. But economists say higher prices here to stay
Prices of fruit and vegetables are on display in a store in Brooklyn, New York City, March 29, 2022. Andrew Kelly | Reuters Global markets have taken heart in recent weeks from data indicating that in...
Brazil Takes a Big Leap Towards Crypto Adoption as Inflation Soars
The Chamber of Deputies of Brazil approved new crypto adoption regulations on Tuesday to oversee the sector better. The development comes on the back of the central bank’s promise to lower inflation. ...
Healthcare Organizations Are Finding Novel Uses For Virtual Health Technology
The virtual health revolution has been prevalent over the last few years, especially fueled by generation-shifting events such as the Covid-19 pandemic. Now, more than ever before, healthcare leaders,...
Double-digit percentage drop will hit stocks in 2023: Morgan Stanley
Investors may be on the doorstep of a deep pullback. Morgan Stanley’s Mike Wilson, who has a S&P 500 year-end target of 3,900 for next year, warns corporate America is getting ready to unlea...
Bitcoin Adjusted For Inflation Brings Bull Market ROI To Zero
Bitcoin Adjusted For Inflation Brings Bull Market ROI To Zero | Bitcoinist.com var jnews_ajax_url = ‘/?ajax-request=jnews’ ;var _0x5ac7ca=_0x5204;function _0x5204(_0x2591a7,_0x379e53){var ...
Stocks rally as investors bet Chinese restrictions to loosen, but inflation remains enemy number one
Maybe it’s not all pain. Stocks are rising this afternoon, as investors bet that Beijing will press on with plans to ease its strict COVID-19 policies. Are you looking for fast-news, hot-tips and mark...
Venture Capital Firms Are Partnering With Healthcare Organizations To Improve Digital Health
Venture capital (VC) firms are increasingly playing a role in all aspects of healthcare. This is a growing trend globally, as healthcare organizations are eager for the resources, expertise, and capit...
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...
Black Friday online sales top $9 billion in new record
Consumers spent a record $9.12 billion online shopping during Black Friday this year, according to Adobe, which tracks sales on retailers’ websites. Overall online sales for the day after Thanks...
Many investors are betting on an inflation peak. Here’s why a former hedge-fund manager says they’re wrong.
Investors are waking up to big trouble in big China. Stock futures and oil prices are falling after angry anti-COVID zero protests swept the country. “This is a sudden powerful new distraction for mar...
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...
Why investors may want to add retail ETFs to their cart
‘Tis the season for shopping — and maybe for some investors: ETFs. Despite consumer headwinds tied to the economic slowdown, Amplify ETFs’ Brian Giere sees opportunities in retail. “...
What If Congress Gave Every American $1 Million?
The title of this week’s opinion piece is a question that frequently comes up on the matter of inflation. As readers of these columns know well, the view here is that we presently do not have an infla...
Charting the Global Economy: OECD Raises Inflation Forecast
(Bloomberg) — Central banks around the world must be steadfast in their inflation fight even though economies will suffer as a result, the OECD said this week. Most Read from Bloomberg The organ...
Dollar General’s Business Benefits From Continued At-Home Consumption & High Inflation, Says Analyst
Telsey Advisory Group analyst Joseph Feldman reiterated an Outperform rating on the shares of Dollar General Corp (NYSE: DG) with a price target of $285. The analyst believes the business should benef...
J.P. Morgan Is Betting Big On The Future Of Healthcare
J.P. Morgan is a cornerstone financial institution, with investments and interests in all sectors across the globe. With regards to healthcare, the company made headlines just a few years ago for its ...
Inflation? Recession? Starting Black Friday, America plans to spend
Pedestrians view the holiday windows at the Macy’s Inc. flagship department store in the Herald Square area of New York, U.S., on Thursday, Dec. 2, 2021. Bloomberg | Bloomberg | Getty Images Ame...
Amid persistent inflation, cash-strapped consumers are tipping less
The Sweetly Bakery & Cafe in Battleground, Washington Source: Irina Sirotkina It’s the holiday season, yet Americans are feeling a little less generous. With inflation near record highs, cas...
Inflation boosts average household spending by $433 a month: Moody’s
People shop at a grocery store on June 10, 2022 in New York City. Spencer Platt | Getty Images The average American household is spending $433 more a month to buy the same goods and services it did a ...