| Getty Images Key Takeaways Home sales are down 20% from a year ago, leading to optimism from those looking to get into the real estate market. Economists predict home price growth to stall in 2023. ...
Tag: Jerome Powell
Weakening Stock Market Worsened By Strong Dollar
Foreign inflows into the U.S. securities market, including stocks, helped drive up the dollars value … [+] against core currencies. Now it’s a headwind. (Photo by China Photos/Getty Images...
How To Invest If The Fed Keeps Raising Interest Rates
Fed Chairman Jerome Powell has made it clear that there are more rate hikes on the horizon. (Photo … [+] by Alex Wong/Getty Images) Getty Images Key takeaways The Fed have increased the base int...
Fed Hikes Rates By 75 Basis Points—Here’s Why It’s Not All Doom And Gloom For Investors
Near-term risks remain high, but investors who stay focused on the long-term have historically been rewarded. Manuel Balce Ceneta/Associated Press In a widely expected move on Wednesday, the Federal R...
Rates raised by three-quarters of a percentage point
The Federal Reserve on Wednesday raised benchmark interest rates by another three-quarters of a percentage point and indicated it will keep hiking well above the current level. In its quest to bring d...
Here’s everything the Federal Reserve is expected to do today
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 There’...
Fed should hike interest rate rates 150 basis points: Wells Fargo
It’s a move that would likely cause panic on Wall Street. But Wells Fargo Securities’ Michael Schumacher suggests the Federal Reserve is raising rates too slowly, telling CNBC’s R...
Layoffs loom on the horizon, some economists say
From rising inflation to a red-hot job market and the negative gross domestic product in between, economists are divided on the health of the U.S. economy. “There has been a lot of talk recently...
Whither Real Estate
(Photo by Justin Sullivan/Getty Images) Getty Images There can be little doubt that for as long as the Federal Reserve (Fed) remains committed to its anti-inflation tightening policies, housing – sale...
Put Away the Smelling Salts, the Fed Doesn’t Threaten Washington’s ‘Solvency’
Russia presently has total government debt of $190 billion. The U.S. can claim total debt somewhere north of $30 trillion. Are the Russians “Classical” in economic thought relative to the Keynesianism...
Markets Are Spooked by Inflation. Cathie Wood and Elon Musk See a Bigger Issue
It’s no secret that investors are worried about runaway prices for goods and services, with the stock market on track to post its worst weekly run since mid-June and also nearing its worst performance...
Here’s What Happens To Stocks When The Fed Raises Rates By 100 Basis Points
Federal Reserve Chair Jerome Powell Brendan Smialowski/Pool via ASSOCIATED PRESS Stocks have continued to struggle for direction since a hotter-than-expected inflation report earlier this week dragged...
Why Is The S&P 500 Down So Much?
SOPA Images/LightRocket via Getty Images Key takeaways The S&P 500 suffered its worst day since June 2020 on Tuesday, slumping 4.32%, along with the Dow Jones which fell 3.94% and the Nasdaq Compo...
Next Fed rate hike to spark dangerous game in economy: Peter Boockvar
The market’s violent reaction to hotter-than-expected inflation may usher in more losses. Investor Peter Boockvar believes Wall Street is coming to grips with a painful reality: Inflation isn...
When Is The Fed Raising Interest Rates?
The Fed & Inflation. Getty Images Key takeaways Federal Reserve Chair Jerome Powell has made it clear that the central bank will continue to raise interest rates until inflation is tamed. Economis...
Is Inflation Finally Cooling Down?
AFP via Getty Images Key takeaways August’s Consumer Price Index (CPI) data was released early Tuesday morning, finding that headline inflation has increased 0.1% in August and core inflation has clim...
Inflation ‘collapse’ will spark big stock market gains: Credit Suisse
Credit Suisse expects the Federal Reserve to pause interest rate hikes sooner than widely expected due to tumbling inflation. According to the firm’s chief U.S. equity strategist, it will launch...
How Profit Inflation Made Your Groceries So Damn Expensive
Price inflation, driven by corporate profits amidst supply chain challenges. getty The Federal Reserve has been raising interest rates at an unprecedented rate. This attempt to tamp down inflation is ...
Dow Jumps Over 300 Points As Investors Shake Off Rising Fears About More Fed Rate Hikes
Topline The stock market surged higher on Friday, with stocks on pace to snap a three-week losing streak as investors shook off Federal Reserve Chair Jerome Powell’s recent comments about more interes...
Are We In A Goldilocks Economy?
Getty Images Key takeaways In light of moderating economic data, some economists believe we could be headed toward a “Goldilocks economy” – or in one already Goldilocks economies are “just right,” wit...
‘We need legislation’ on stablecoins
Stablecoins should be “appropriately regulated” to play a role in the financial system, Federal Reserve Board Chair Jerome Powell said on Thursday. “We need legislation on this,” Powell said. “There i...
Stocks Rally Even After Powell Reiterates That Fed Will Keep Raising Rates
Topline The stock market rose slightly on Thursday even as recession fears continued and investors assessed comments from Federal Reserve Chair Jerome Powell, who pledged that the central bank is “str...
Watch Fed Chair Jerome Powell speak live in Q&A at the Cato Institute
[The stream is slated to start at 9:10 a.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chairman Jerome Powell speaks Thursday morning in a question-and...
Fed on Path for Another 0.75-Point Interest-Rate Lift After Powell’s Inflation Pledge
Updated Sept. 7, 2022 10:29 am ET Listen to article (2 minutes) The Federal Reserve appears to be on a path to raise interest rates by another 0.75 percentage point this month in the wake of Chairman ...
Don’t Miss Cato’s 40th Annual Monetary Conference
WASHINGTON – NOVEMBER 14: Chairman of the Federal Reserve Board Ben Bernanke addresses the Cato … [+] Institute’s 25th Annual Monetary Conference November 14, 2007 in Washington, DC....
Fed Vice Chair Brainard vows ‘we are in this for as long as it takes’ to stop inflation
Federal Reserve Vice Chair Lael Brainard vowed Wednesday to press the fight against inflation that she said is hurting lower-income Americans the most. That will mean more interest rate increases and ...
Market bracing for another three-quarter point hike from the Fed this month
Federal Reserve Board Chairman Jerome Powell speaks during a news conference in Washington, DC, on July 27, 2022. Mandel Ngan | AFP | Getty Images Traders are now seeing a near-certainty that the Fede...
The Fed Isn’t Moving the Stock Market, or the Price of Credit
In a meeting with pollster Brett Lloyd last week, he indicated that a number of U.S. Senate seats increasingly lean Democratic. After which, House seats are far more in play than is normally the case ...
Dow Falls 200 Points Despite Solid Jobs Report, Stocks On Track For Third Straight Week Of Losses
Topline The stock market tanked on Friday despite the August jobs report coming in slightly lower than expected and dropping significantly from last month, which did little to ease investor concerns a...