Negative economic growth in the year’s first half may be a foreshock to a much deeper downturn that could last into 2024. Stephen Roach, who served as chairman of Morgan Stanley Asia, warns the ...
Tag: Interest Rates
Stocks May Be Headed for a Major Skid
Stocks started slipping on Aug. 16, following a two-month rally, as investors began to grasp that the Federal Reserve likely wouldn’t soon pivot away from its interest-rate increases. After Fed Chairm...
Fed rate hikes won’t curb inflation if spending stays high, paper says
John C. Williams, president and chief executive officer of the Federal Reserve Bank of New York, Lael Brainard, vice chair of the Board of Governors of the Federal Reserve, and Jerome Powell, chair of...
‘It’s a remarkably uncertain time’: Redfin CEO warns of rapidly cooling housing market — says deals under contract are being cancelled
After a stellar two-year run, the housing market is sputtering as buyers pull back sharply. One real-estate chief said the market is indeed course-correcting, and it’s getting hard to make a deal as m...
The Fed isn’t pivoting. Why were stock investors the last to know?
After Friday’s brutal session for stocks, it appears equities were the last asset class to accept the notion that the Federal Reserve likely won’t be pivoting to a less aggressive monetary policy stan...
Powell warns of ‘some pain’ ahead as Fed fights to lower inflation
Federal Reserve Chairman Jerome Powell delivered a stern commitment Friday to halting inflation, warning that he expects the central bank to continue raising interest rates in a way that will cause &#...
Interest Rates Are Going Up. These 11 Banks Will Benefit.
Text size Bank of America is among the lenders that RBC says are especially well positioned for the current environment. Dominick Reuter/AFP via Getty Images Bank stocks—one of the few immediate benef...
Opinion: The Federal Reserve’s Powell has a lot of explaining to do
The Federal Reserve runs a symposium in Jackson Hole, Wyoming, every year. It’s a rite of passage for many in central banking, in monetary economics and for Fed-watching. Sometimes there is a key Fed ...
Do Ultra-Low Rates Cause Ultra-Low Growth?
ILLUSTRATION – A woman points at a website advertising a negative interest rate. Photo: Christian … [+] Charisius/dpa (Photo by Christian Charisius/picture alliance via Getty Images) pictu...
Disappointing U.S. data has traders considering possibility of a half-point Fed rate hike in September
In the blink of an eye on Tuesday, the U.S. bond market’s focus shifted back toward fears of an unexpectedly sharp economic slowdown and away from persistently high inflation over the bulk of the trad...
The Stock Market May Have Just Sent an Important Signal
The slump in the stock market could continue while the dollar becomes stronger as Wall Street waits for Fed Chairman Jerome Powell’s speech later this week and as concerns about inflation and a slower...
Stocks Lower, Week Ahead, Tesla, AMC, Gas Prices-5 Things To Know
Here are five things you must know for Monday, August 22: 1. — Stock Futures Slide On Growth, Inflation Worries U.S. equity futures slumped lower Friday, while the dollar extended its best weekl...
Markets Now Expect 50bps Hike At September Fed Meeting
Federal Reserve Chairman Jerome Powell speaks during a news conference at the Federal Reserve Board … [+] building in Washington, Wednesday, July 27, 2022. (AP Photo/Manuel Balce Ceneta) Copyrig...
Opinion: Stop misreading the Fed: It’s not getting cold feet about wrestling inflation to the ground
The Federal Reserve isn’t as mysterious as it’s made out to be. It’s not hiding coded messages in its communications. It’s not using obscure metaphors that seem to say one thing but actually mean the ...
TheStreet’s Doug Kass: Don’t Be Fooled by Stock Rally
The stock rebound since mid-June has turned some investors bullish on the market. Doug Kass, a columnist for TheStreet.com’s Real Money Pro, isn’t one of them. “The swiftness and size of the rise in ...
Lock In High Yields With Mortgage REITs
Cubes form the abbreviation “REIT” (Real Estate Investment Trust) next to a model house. getty Mortgage REITs are all about the yield curve. They borrow on the low end (30- to 60-day LIBOR...
20 bank stocks expected to benefit the most from rising interest rates as the Federal Reserve fights inflation
When companies report financial results, analysts tend to make comparisons to the year-earlier quarter. But there are times when sequential improvements can be telling. This is one of those times for ...
Dow Futures Steady as Fed Signals Need to Keep Raising Interest Rates
Text size Federal Reserve officials agreed they need to keep raising interest rates to cool inflation. (Photo by TIMOTHY A. CLARY/AFP via Getty Images) AFP via Getty Images Stock futures fluctuated Th...
Fed Minutes Lean on Inflation, Jobs Data For Rate Hike Direction
Updated at 4:20 pm EST The Federal Reserve is likely to use incoming data, as opposed to a preferred policy path, to determine the size of future rate hikes, minutes from the central bank’s July...
Fed minutes July 2022:
Federal Reserve officials at their July meeting indicated they likely would not consider pulling back on interest rate hikes until inflation came down substantially, according to minutes from the sess...
Financing a new car? How much you can save with excellent credit score
By now, you probably know that prices for new cars have been climbing at a brisk pace, along with many other consumer goods, in the midst of high inflation. The average cost of a car is an estimated $...
Goldman sees a ‘feasible but difficult path’ for the Fed to defeat inflation without a recession
Construction workers outside the Marriner S. Eccles Federal Reserve Building, photographed on Wednesday, July 27, 2022 in Washington, DC. Kent Nishimura | Los Angeles Times | Getty Images The Federal ...
This was a good week for inflation numbers, but whether it can last is the big question
Gas station prices are seen in Bethesda, Maryland on August 11, 2022. Mandel Ngan | AFP | Getty Images There was more good news Friday for inflation, as import prices fell more than expected and broug...
Stocks Struggle After ‘Underwhelming’ Data From China Sparks Global Recession Fears
Topline The stock market moved slightly lower on Monday as disappointing economic data out of China led to rising concerns about a global recession and a drop in oil prices; meanwhile, investors are l...
Fed expected to stick with hawkish interest rate hikes, strategists say
The Federal Reserve is unlikely to pivot from its hawkish interest rate hikes despite positive signs this week that inflation in the U.S. could be easing, according to market strategists. On Thursday,...
July PPI Declines As Energy Falls, But Fed’s Inflation Challenge Remains
FILE – The sun sets behind an idle pump jack near Karnes City, USA, April 8, 2020. Oil markets have … [+] been fluctuating over fears of lost supplies from Russia because of the war in Ukr...
Fed Chair Powell’s Comments Are Reason For Optimism, Not Fear
Federal Reserve Chair Jerome Powell (Photo by Win McNamee/Getty Images) Getty Images Forget Jerome Powell’s “pain” forecast and the stock market’s 1000-point drop. The signific...