CNBC’s Jim Cramer on Wednesday said the Federal Reserve must pay attention to recent retail earnings reports to plan the rest of its battle against inflation. “I am begging the Fed to look...
Tag: Inflation
Warren Buffett’s new 13F is out — and he’s leaning on these 3 big holdings to fight white-hot inflation
Warren Buffett’s new 13F is out — and he’s leaning on these 3 big holdings to fight white-hot inflation Price levels are on the rise. In October, U.S. consumer prices surged 7.7% from a ye...
ECB vice president says will do ‘whatever necessary’ to tame inflation
It is crucial for the European Central Bank to convey its commitment to bringing prices down in order to keep inflation expectations anchored, according to its vice president. Luis de Guindos told CNB...
Fed’s Daly sees rates rising at least another percentage point as ‘pausing is off the table’
San Francisco Federal Reserve President Mary Daly said Wednesday she expects the central bank to raise interest rates at least another percentage point, and possibly more, before it can pause to evalu...
Markets See A Smaller Fed Hike Coming In December
The Federal Reserve will set interest rates on December 14, here’s what to expect. Photographer: … [+] Michael Nagle/Bloomberg © 2022 Bloomberg Finance LP The Fed’s December meeting should...
Dow Jones Futures Add 300 Points on News of Waning Inflation
Futures tied to the Dow Jones and other leading indexes climbed significantly after reports suggested that inflation may be slowing. On Tuesday, stock futures tied to the Dow Jones and other major ind...
Should you buy or sell GBP/USD after the October UK inflation report?
The inflation report was one of the most-awaited pieces of economic data out of the United Kingdom this week. In October, inflation in the UK reached levels last seen over 40 years ago. More precisely...
Stocks rise amid optimistic inflation data
U.S. stocks gained Tuesday amid another cooler-than-expected inflation report, even as fresh geopolitical tension threw a wrench into the rally midday. The S&P 500 (^GSPC) closed higher by 0.8%, w...
Billionaire Carl Icahn warns that you can’t cure red-hot inflation. But he likes these 2 ‘cheap and viable’ stock picks for protection
‘The worst is yet to come’: Billionaire Carl Icahn warns that you can’t cure red-hot inflation. But he likes these 2 ‘cheap and viable’ stock picks for protection Easy mo...
Stocks Rally Following Strong Inflation Report, Buffett Bets $4 Billion On Chipmakers
Topline Stocks surged Tuesday morning before settling into modest gains, with Berkshire Hathaway’s latest investments leading the rally, after another promising inflation report stoked hope the Federa...
Economists See US Inflation Running Even Hotter Through Next Year
(Bloomberg) — Economists see US inflation running hotter through next year than they did a month ago and recession odds continue to mount against a backdrop of rising borrowing costs. Most Read ...
The United States Secretary Of State Reacted To The Country’s Inflation
The economically leading nations held a G20 meeting recently. In that meeting Janet Yellen shared her thoughts on how to avoid inflation in the country. And the US president, Joe Biden, reacted to the...
UK property market at risk of major downturn as recession fears loom
Economists are predicting that soaring interest rates and falling prices will mark the end of the U.K.’s 13-year housing market boom, potentially leading to a house price crash. Matt Cardy | Getty Ima...
Further Data Suggests Easing U.S. Inflation, Increasing Chance Fed Softens Hikes
The November PPI report offers further evidence that price pressure in the U.S. may be easing … [+] (Photo by Joe Raedle/Getty Images) Getty Images The Producer Price Index (PPI) for October 202...
Recession Fears Hit New High Even As Inflation Slows—Here’s What Fund Managers Predict For 2023
Topline Despite growing signs the worst of inflation may be over for now, fund managers around the world are increasingly worried a recession is likely over the next 12 months as the likelihood increa...
Wholesale prices rose 0.2% in October, less than expected, as inflation eases
Employees work at the BMW manufacturing plant in Greer, South Carolina, October 19, 2022. Bob Strong | Reuters Wholesale prices increased less than expected in October, adding to hopes that inflation ...
Dow Jones Falls 200 Points Ahead Of Key Inflation Data; 6 Top Stocks To Buy And Watch
Dow Jones futures were higher ahead of Tuesday’s open after the Dow Jones Industrial Average snapped a two-day win streak Monday. Six top stocks to buy and watch include hot IPO stock Mobileye (...
Inflation expectations rebound on record-high jump in gas outlook: NY Fed survey
A Sheetz customer gets gasoline at a gas station in Plains, Pennsylvania, U.S. October 19, 2022. Aimee Dilger | Reuters Americans grew more worried about inflation in the October, with fears emanatin...
Goldman Sachs economists forecast a ‘sharp decline’ in inflation next year
Goldman Sachs says U.S. inflation will ease “significantly” next year as three key factors contributing to higher consumer prices continue to disappear. Goldman economists see core PCE back to 2.9% La...
Fed Quick To Downplay November Inflation Surprise, Markets Disagree
The market reaction to positive signs in the November CPI report has been very strong. However, the … [+] Fed doesn’t share the enthusiasm seeing a long road ahead in the inflation fight. ...
Fed’s Waller warns inflation fight isn’t over, interest rates will ‘keep going up’ despite prices cooling by more than expected
Federal Reserve Governor Christopher Waller said “we’ve still got a ways to go” before the US central bank stops raising interest rates, despite good news last week on consumer prices. At the same tim...
Fed’s Waller says market has overreacted to consumer inflation data: ‘We’ve got a long, long way to go’
Federal Reserve Gov. Christopher Waller said Sunday that financial markets seem to have overreacted to the softer-than-expected October consumer price inflation data last week. “It was just one data p...
Active managers see boost from the energy trade
This may be the year for active managers investing heavily in the energy space — and commodity trading advisors, known as CTAs, appear to be among the winners. Dynamic Beta Investments’ Andrew B...
US workers are earning just 12 cents more now than they did in 1972 — adjusted for inflation. Try these 3 easy hacks to make your dollar fly further
‘Something that should concern us all’: US workers are earning just 12 cents more now than they did in 1972 — adjusted for inflation. Try these 3 easy hacks to make your dollar fly further Rampant inf...
Why The China ‘Cold War’ Cannot End
With the exception of the removal of some tariffs on Asian-made solar panels, Biden has kept Trump’s … [+] China policies in place. And has even made them more strict in spots by banning W...
Dow Jones, the S&P 500, and Nasdaq price forecast as U.S. inflation cooled down in October
Wall Street’s three main indexes advanced last week as better-than-expected inflation data raised hopes the Federal Reserve would get less aggressive with U.S. interest rate hikes. The United St...
Wall Street Managers Are Pushing Back on Easing Inflation Hopes
(Bloomberg) — Euphoria is sweeping every corner of Wall Street in the wake of the latest data that suggests inflation is peaking from a four-decade high. Yet big money managers are in no mood to...