Jerome Powell, chairman of the US Federal Reserve. The Fed is expected to increase rates again at … [+] the conclusion of their next meeting on March 22. Photographer: Valerie Plesch/Bloomberg ©...
Tag: Inflation
Inflation Data Insights to Watch This Week, Impact on Crypto
As investors prepare for a busy week ahead filled with a packed economic calendar, they have their sights set on one key piece of data: inflation. The release of January’s Consumer Price Index (CPI) f...
Inflation data rocked the stock market in 2022: Get ready for Tuesday’s CPI reading
Few things moved the U.S. stock market last year like inflation data and the next reading is due this week. Under the spotlight is the January consumer price index, which is set to be released at 8:30...
Dow Jones Futures: Market Rally Pullback Continues; What To Do As Inflation, Tesla Data Loom
Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. The stock market rally had a down week after big gains over the prior five weeks. But the pullback has be...
It’s Too Soon for Stock Investors to Call Victory on Inflation
(Bloomberg) — Investors are paying up to protect themselves in case the stock market sinks with a key inflation reading due this week, which is expected to show that prices aren’t moderating the...
A Reminder That Today’s ‘Inflation’ Quite Simply Isn’t Inflation
Super Bowl XXI took place on January 25, 1987 at Pasadena’s Rose Bowl. The matchup was between the New York Giants and the Denver Broncos. The Giants were heavily favored. I was lucky enough to attend...
BlackRock, Pimco Push Back Against Bets Inflation Cooling Fast
(Bloomberg) — Inflation is slowing the world over, but some of the biggest money managers say it’s no time to ditch protection against rising consumer prices. Most Read from Bloomberg BlackRock ...
Investors Brace for Risk Inflation Dooms Bonds to Bear Market
(Bloomberg) — Investors are bracing for key inflation data next week that could worsen the bond-market rout. Most Read from Bloomberg January consumer prices are seen accelerating for the first ...
Market Rally Pullback Continues — What’s Your Game Plan? Inflation Report Looms
Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. The stock market rally had a down week after big gains over the prior five weeks. But the pullback has be...
Inflation has a 75% chance of rebounding or remaining high, top economist warns
Inflation is finally starting to fall, but it would be “dangerous” to assume the problem is fully behind the U.S. economy. That’s according to top economist Mohamed El-Erian, who war...
Taylor Swift says fans will reduce high egg prices. 3 things to know
Taylor Swift attends the 65th Grammy Awards on Feb. 5, 2023 in Los Angeles. Jeff Kravitz | Filmmagic, Inc | Getty Images This is an excerpt from the Personal Finance team’s weekly Twitter Space,...
Dow Jones Falls On Hot Inflation Survey Data; Lyft Crashes 35% On Earnings Miss
The Dow Jones Industrial Average traded at session lows Friday morning after preliminary inflation expectations from the University of Michigan. Ride-hailing company Lyft (LYFT) crashed 35% on weak fo...
Mohamed El-Erian Sees Inflation Sticking Around 3-4%; Here Are 2 ‘Strong Buy’ Dividend Stocks That Easily Beat That Rate
While the Fed eventually applied an almost unheard-of aggressive approach in its efforts to quell inflation, it took its time in doing so, ignoring the initial data. Noted economist Mohamed El-Erian s...
BofA Says Equity Rally Faces Inflation Reckoning
(Bloomberg) — Next week’s US inflation data will mark a turning point for the equity rally at a time when investors are swapping stocks for bonds amid the specter of a recession, according to Ba...
The Good News, The Not-So-Good News, And The Bad News
HOUSTON, TEXAS – AUGUST 15: Cartons of eggs are seen for sale in a Kroger grocery store on August … [+] 15, 2022 in Houston, Texas. Egg prices steadily climb in the U.S. as inflation conti...
Federal Reserve Officials Say More Interest Rate Hikes Are Needed to Curb Inflation
– Advertisement – Several Federal Reserve governors and presidents say that more interest rate hikes are needed to curb inflation. “We are not done yet with raising interest rates,” Fed Go...
A New Kind Of Fraud Emerges; Inflation Causing A Scaled Down Spring Break
Fraudsters Double Down on Returns Abuse As more shoppers continue to move online, so has returns abuse. However, this form of fraud has become a severe drain on many merchants’ bottom line. Fraudsters...
McDonald’s, Taco Bell owner Yum rule amid high inflation
A girl waiting in line to pick up an order at a McDonald’s restaurant. Oleksii Chumachenko | SOPA Images | Lightrocket | Getty Images Fast-food chains are looking like the big winners in the fou...
Did The Fed Decide To Raise Interest Rates This Week? Here’s The Economic Outlook
Getty Images Key takeaways The Fed raised its benchmark rate by 0.25% at its most recent meeting This broke a trend of four consecutive meetings with rate increases of 0.75% Though inflation has eased...
Bitcoin falls under US$23,000 as Fed says inflation remains stubborn. Most top 10 crypto decline
Bitcoin slipped back below US$23,000 on Thursday morning in Asia, tracking the fall in U.S. equity markets overnight amid comments from Federal Reserve officials that the fight to curb inflation is fa...
Lowering the inflation rate will take longer, Powell says
Jerome H. Powell, Chair of the Board of Governors of the Federal Reserve System, said that the labor market’s strength is why lowering the inflation rate will take longer and require higher interest r...
Inflation Target, Interest Rate Rise
Jerome Powell Speech: US Federal Reserve Chairman Jerome Powell said the FOMC wanted to send the disinflation stage message, although the process is in the early stages. He said the Fed thought about ...
Bitcoin Pops, Then Drops as Fed Chief Powell Says Beating Inflation Will ‘Take Time’
Bitcoin swung upwards with stocks but then settled lower following Federal Reserve Chairman Jerome Powell’s comments that the central bank is beginning to get inflation under control. Powell cautioned...
S&P 500 Flashes Bullish Golden Cross On Powell Inflation Control; Apple, Microsoft Show Healthy Pullbacks
Major stock market indexes whipsawed after Fed Chair Powell noted signs of disinflation at the Economic Club of Washington, D.C. on Tuesday. The Dow Jones Industrial Average was down by 0.2% at 1:30 p...
Bitcoin Increases to $23.3K as Powell Reiterates 2% Inflation Target
Federal Reserve Chairman Jerome Powell spoke more on the future direction of monetary policy following an unexpectedly strong U.S. jobs report on Friday. Here’s what he had to say: During an interview...
Wholesale egg prices have ‘collapsed’ from record highs in December
Egg shelves in New York on Jan. 21, 2023 with a note apologizing to customers for the price increase. Fatih Aktas/Anadolu Agency via Getty Images Wholesale egg prices have cratered in recent weeks fro...
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...
What To Look For In February’s Upcoming Consumer Price Inflation Numbers
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, Feb. 1, 202...
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...
Bitcoin BTC Price Flirts With $23.4K as Jerome Powell Repeats Comment About Waning Inflation; Market Weighs DCG-Genesis Deal With Creditors
Perhaps a fair question is, does the VC world want another Alameda? Although the firm closed 38 deals it wasn’t the biggest investor. That goes to Coinbase Ventures, as PitchBook puts its deal count a...