(Bloomberg) — This is the week everyone has been waiting for. With the release of a key inflation gauge, the Federal Reserve’s interest rate decision, and comments from Chairman Jerome Powell afterwards, investors are finally hoping to get a clear view of what lies ahead for a market. stock market and an economy slaughtered in …
A highly anticipated inflation reading and the Federal Reserve’s final policy decision of the year will serve as highlights in what is expected to be the last week of major economic news in 2022. On Tuesday, the closely watched consumer price index (CPI) for November could predict how far rates could rise in the year …
Inflation data, Fed meeting will set the stage for 2023: what to know this week Read More »
Tech stocks won’t return to 2021 highs even after the Fed slows or ends its rate hikes. Experts say the sector’s bubble was inflated and eventually burst by wider structural issues. As liquidity dries up and investor enthusiasm wanes, the sector could do well in 2023. Loading Something is loading. Thank you for your registration! …
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber ? You can register here. New York CNN — The Federal Reserve is almost certain to announce on Wednesday that it will raise interest rates again. But investors are hoping it will be a smaller increase than the …
The Fed will raise rates again. But that’s playing with fire | CNN Business Read More »
SlateStone Wealth Chief Market Strategist Kenny Polcari discusses whether the U.S. economy has moved past peak inflation after November’s wholesale inflation report beat expectations on “Varney & Co.” The Federal Reserve is expected to keep interest rates high through 2023, dashing Wall Street’s hopes of lowering rates in the second half of 2023 and all …
Fed to keep interest rates high all next year, making recession very likely: survey Read More »
(Bloomberg) – Stocks have faced great volatility, with traders weighing mixed economic numbers amid bets they won’t be enough to stop the Federal Reserve from reducing the pace of tightening next week, as recently reported. Bloomberg’s Most Read The S&P 500 faltered as an unexpected drop in near-term inflation expectations tempered concerns with a warmer-than-expected …
Stocks wobble with swaps priced for Fed downgrade: Markets wrap Read More »
The gap between short- and long-term borrowing costs in the United States has reached its widest point since 1981, a sign that investors expect the Federal Reserve to stay the course in its battle to rein in inflation, even as fears of recession increase. The two-year Treasury yield traded at 4.2% on Wednesday, while the …
The bond market indicates that the Fed remains firm in the fight against inflation Read More »
Wall Street extends losses as recession worries mount Crude oil at lowest since January Bank of Canada signals slowing pace of rate hikes China eases COVID rules but imports and exports slump http://tmsnrt.rs/2yaDPgn NEW YORK/MILAN, Dec 7 (Reuters) – Global stocks fell further and Treasury yields fell on Wednesday as U.S. worker productivity data beat …
Stocks and bond yields fall as US data clouds Fed rate outlook Read More »
A trader works on the floor of the New York Stock Exchange (NYSE) in New York, August 29, 2022. Brendan McDermid | Reuters After a tumultuous year for the financial markets, Standard charter outlined a number of potential surprises for 2023 that he says are “undervalued” by the market. Eric Robertson, the bank’s chief research …
No matter what Federal Reserve Chairman Jerome Powell says to market participants these days, it seems they only hear the good stuff. Two recent examples: first in July, when Powell hinted that smaller interest rate hikes might be on the way. The second was last week, when the central bank leader appeared to confirm that …
Fed Chairman Powell has a problem communicating with the market Read More »
