Topline The stock market resumed a recent sell-off on Friday after the Federal Reserve’s most closely watched inflation indicator came in hotter than expected—adding to a slew of recent data poi...
Tag: New York Fed
Yield Curve Inverts To Historic Lows, Sounding Recession Warning
Does the yield curve signal a recession is coming in 2023? (Photo by TIMOTHY A. CLARY / AFP) (Photo … [+] by TIMOTHY A. CLARY/AFP via Getty Images) AFP via Getty Images The yield curve has a gre...
Inflation peaked but will remain above pre-Covid levels: Mastercard
Inflation has already peaked, but it will remain above pre-Covid levels in 2023, said David Mann, chief economist for Asia-Pacific, Middle East and Africa at the Mastercard Economics Institute. “...
Stablecoins could offer central banks a shortcut, says New York Fed advisor
Stablecoins could offer central banks a shortcut to having their own digital currencies, a New York Federal Reserve advisor said at an event in London on Tuesday. “Instead of issuing a retail [...
Inflation Eased Last Month More Than Expected
AFP via Getty Images Key takeaways Investors spent Monday and Tuesday gearing up for the inflation report this week, released early Wednesday Analysts and economist inflation expectations showed July’...
How the Federal Reserve fights inflation through interest rate hikes
Top officials at the Federal Reserve were seeing inflation data come in very hot for months before policymakers moved to wind down monetary policies that were stimulating the economy. A chorus of anal...
How To Deal With The Worst Bond Selloff In Forty Years
Federal Reserve Chairman Jerome Powell testifies in Congress. (AP Photo/Kevin Wolf). Inflation, … [+] dormant for years, made its explosive entrance during late 2021. Bond funds have been the vi...
Fed Double Hike Could Come Within Weeks
Jerome Powell, chairman of the U.S. Federal Reserve, during the National Association of Business … [+] Economics (NABE) economic policy conference in Washington, D.C, U.S., on Monday, March 21, ...