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Economics

Economics

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Jerome Powell Will Testify Before Congress As Investors Await Fed’s Next Move On Inflation

By Wayne Duggan
Today, 3:24 PM
The SPDR S&P 500 ETF Trust (NYSE: SPY) traded slightly higher Monday morning to kick off a big week for investors ahead of Federal Reserve Chair Jerome Powell's two-day testimony to Congress on Tuesday and Wednesday.

SPY

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  • Economics
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‘Higher Standards For “Product Of USA” Meat Proposed By Biden Administration’ – Reuters News

By Happy Mohamed
Today, 3:24 PM
https://www.reuters.com/markets/commodities/higher-standards-product-usa-meat-proposed-by-biden-administration-2023-03-06/#:~:text=Higher%20standards%20for%20%22Product%20of%20USA%22%20meat%20proposed%20by%20Biden%20admi

HRL

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  • Economics
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House Rep. Speaker McCarthy To Meet Taiwan’s President In The U.S. – Financial Times

By Happy Mohamed
Today, 3:24 PM
https://www.ft.com/content/69b627fc-ab7f-4b19-9ea3-5c308d81c6ef

EWT

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  • Economics
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Earlier, NY Fed Said ‘The Global Supply Chains Have Returned To Normal’

By Happy Mohamed
Today, 3:24 PM
- Reuters

SPY

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Chevron CEO Mike Wirth Says Gas Market More Fundamentally Changed For Long Term Than Oil Market Since Ukraine War; Says Oil Market Is Tight, Logistics System Stretched

By Happy Mohamed
Today, 3:24 PM
- Reuters Citing CERAWeek

CVX

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Larry Summers Says Fed Should Consider A 50 Basis Point Hike In March, But That Will Likely Depend On…

By Shanthi Rexaline
Today, 3:24 PM
The market is rooting for the Fed to end its string of rate hikes sooner than later, as evident from the resilience seen in recent sessions. One economist thinks the Fed needs to be flexible with its policy options and remain open-minded

SPY

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Risk On? Jeremy Siegel Sees S&P 500 Gaining 15% This Year, Here’s Why

By AJ Fabino
Today, 3:24 PM
Wharton Professor Jeremy Siegel suggests that if unemployment rates remain low, earnings figures may be underestimated.

SPY

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This Massive Retailer Sees Inflation Easing: Is The Fed Listening Ahead Of March Rate Decision?

By Natan Ponieman
Today, 3:24 PM
Costco Wholesale Corporation (NASDAQ:COST) surprised investors on Thursday by coming out with an earnings report that beat street estimates.

COST

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Richmond Fed President Barkin Says It’s A Fool’s Errand To Micromanage The Market, Says There Is A Lot More Consistent Communication From Fed Policymakers About What We Are Looking At

By Michael Horton
Today, 3:24 PM
-Reuters

SPY

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Richmond Fed President Barkin Says Once Fed Has Achieved 2% Target, Then Can Have Discussion About Revisiting It

By Michael Horton
Today, 3:24 PM
-Reuters

SPY

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