‘I Shouldn’t Ever Use The Word Hurricane,’ Jamie Dimon Says: Storm Clouds Remain, But The Consumer Is Rolling With The Thunder
In the middle of last year, JP Morgan Chase & Co (NYSE: JPM) CEO Jamie Dimon warned of an economic "hurricane." Jus
Federal Reserve’s Esther George Anticipates Additional Rate Hikes, Sees Rates Staying Above 5% Well Into 2024
Kansas City Federal Reserve President Esther George sounded pretty hawkish Thursday morning during an interview on CNBC's "Squawk Box."
Fed Minutes: Getting Inflation Under Control Still ‘Likely To Take Some Time’
Inflation remains the central bank's top priority, according to the November meeting minutes released Wednesday by the Federal Open Market Committee.
The Federal Reserve Won’t Cut Rates In 2023 Because There Won’t Be A Recession, Says Goldman Sachs Chief Economist
Goldman Sachs Group Inc (NYSE: GS) doesn't expect the Federal Reserve to lower rates anytime soon due to expectations for a healt
Stocks Tank As Hotter Economic Data Dampens Hopes For Interest Rate Reductions
Stocks tumbled Thursday after a stronger-than-expected U.S. gross domestic product report showed that final third-quarter growth came in at 3.2% against a consensus estimate of 2.9%.
What’s Next For Stocks After Fed Issues 0.5% Rate Hike, Raises 2023 Inflation Outlook?
The SPDR S&P 500 ETF Trust (NYSE: SPY) declined for the second consecutive week on concerns that Federal Reserve policy tightening will tip the U.S.
Is The Fed Making A ‘Policy Mistake’ That Will Guarantee A 2023 Recession?
The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower by 1.4% on Friday as the market headed for its second straight weekly decline.
Off With Head Of The Federal Reserve? Why This Trader Says Jerome Powell ‘Should Be Fired,’ Stocks Face ‘Bloodbath’ In 2023
TradeEZ.com, co-founder Steve Kalayjian sees a bloodbath brewing in the broader markets as a result of Federal Reserve policy and he's calling for Fed chair Jerome Powell's head.
Higher Inflation, Slower Jobs Market Ahead: Explaining The Federal Reserve’s Latest Decision To Raise Rates 0.5%
The Federal Reserve raised its target fed funds rate by 0.5% on Wednesday to a new range of between 4.25% and 4.5% -- in light with expectations from Wall Street.
CPI Data Leak? Traders Cry Foul Over Suspicious Market Action
The SPDR S&P 500 ETF Trust (NYSE: SPY) initially jumped more than 2.5% on Tuesday morning after the consumer price index inflation reading for November came in l