Crypto faltered and stocks traded sideways after Federal Reserve minutes revealed the central bank has more room to hike interest rates to combat rampant inflation. “All participants” see intere...
Tag: rate hikes
Fed Minutes Hint At Optimism On Inflation, But Forecast High Rates For 2023
WASHINGTON, DC – SEPTEMBER 24: The minutes from the Fed’s December meeting acknowledged easing … [+] inflation but committed to moving rates higher. (Photo by Drew Angerer/Getty Imag...
When Will Inflation Stop? Will Rising Prices And Rate Hikes Continue In 2023?
| Getty Images Key Takeaways Inflation has been much higher than the 2% target since early 2021. Though inflation is on a downward trend, it remains to be seen whether that trend will continue. The Fe...
Jerome Powell Says Federal Reserve’s Rate Hikes Could Slow As Soon As December
Topline Stocks jumped Wednesday afternoon after Federal Reserve chair Jerome Powell indicated a reprieve from the Fed’s most aggressive interest rate hikes in four decades is on the horizon as soon as...
Fed Chair Jerome Powell—Haunted By The Ghost Of Paul Volcker—Could Tank The Economy
Federal Reserve Chairman Jerome Powell (right) is a big fan of the late Paul Volcker, the Fed chairman who ruthlessly crushed inflation in the early 1980s. L to R: Scott J Ferrell/Congressional Quarte...
A Better-Than-Expected Jobs Report Causes Markets To Plummet: Here’s Why
Topline Stocks tumbled Friday as investors reacted to data revealing a stronger-than-expected labor market, demonstrating the head-scratching but fundamental economic concept that many see lower unemp...
With A Week Until Next Fed Meeting, 75bps Hike Expected
Markets expect the Fed to hike 75bps next week, with some chance of a 100bps move. (Photo by SAUL … [+] LOEB / AFP) (Photo credit should read SAUL LOEB/AFP via Getty Images) AFP via Getty Images...
Bond Misery Priced In?
As interest rates rise, bonds have taken it on the chin. Bonds lose value when prevailing rates climb because new bonds then carry higher rates, making existing bonds less attractive. With bonds down ...
Dow Jumps 700 Points, Oils Hits 11-Year High As ‘Investors Are Whipsawed’ By Rate Hikes And Russia-Ukraine Conflict
Topline The stock market jumped on Wednesday—despite oil prices skyrocketing to their highest level since 2011 amid Russia’s invasion of Ukraine—as Federal Reserve Chairman Jerome Powell told Congress...
Rate Hikes Are Coming In March Despite ‘Uncertain’ Impact From Russia’s Invasion Of Ukraine, Powell Says
Topline Federal Reserve Chairman Jerome Powell confirmed in testimony before Congress on Wednesday that the central bank would begin raising interest rates in two weeks amid growing urgency to combat ...
Federal Reserve Not Afraid To Raise Rates Further If Higher Inflation Persists, Powell Says
Topline The stock market turned positive after Federal Reserve Chairman Jerome Powell pledged in testimony before the Senate on Tuesday that the central bank wouldn’t hesitate to raise interest rates ...
Stocks Rally After Powell Says Fed Not Afraid To Raise Rates Further If Higher Inflation Persists
Topline The stock market jumped—erasing earlier losses—after Federal Reserve Chairman Jerome Powell pledged in testimony before the Senate on Tuesday that the central bank wouldn’t hesitate to raise i...