Federal Reserve - Spark Newswire

2 minute read

Fed’s Williams Believes Monetary Policy Has More Work To Do: ‘Critical We Stay The Course Until Job Is Done’

Today, 4:08 PM

Federal Reserve Bank of New York President John Williams is anticipating more rate hikes ahead and sees signs that price rise pressures might be starting to cool off.

QQQ

2 minute read

Fed Beige Book Warns Of ‘Little Growth In The Month Ahead,’ Sends Markets Lower

By Wayne Duggan

Today, 4:08 PM

U.S. economic growth and business activity remains soft heading into 2023, according to the latest Federal Reserve Beige Book report on Wednesday.

SPY

2 minute read

BlackRock Vice Chair Hildebrand Sees Inflation Dropping ‘Very, Very’ Quickly — But Thinks Central Banks Won’t Stop Tightening

By Bhavik Nair

Today, 4:08 PM

Philipp Hildebrand, vice chairman of BlackRock Inc (NYSE: BLK) reportedly said he expects inflation to decline rapidly and that

BLK

2 minute read

Wharton’s Jeremy Siegel Says There’s A Chance To Avoid A Recession If This Happens: ‘Inflation On Forward-looking Basis Is Very Low’

By Shanthi Rexaline

Today, 4:08 PM

Following Thursday’s inflation data, Wharton Professor Jeremy Siegel said the risk-reward has gotten better for investors.

SPY

2 minute read

Larry Summers Says Fed’s Job ‘Much, Much Closer To Being Done,’ But ‘It’s A Little Bit Premature’ To Pause

By Shanthi Rexaline

Today, 4:08 PM

Former Treasury Secretary Lawrence Summers said on Friday that the Fed’s job in corralling inflation is closer to being done, and also mentioned one important imminent macroeconomic indicator to monitor.

SPY

2 minute read

Rising Interest Rates Lead To Big Bank Profit Gains: Are There Hints Of Inbound Recession?

By AJ Fabino

Today, 4:08 PM

Investors waiting for another round of earnings were greeted by Friday’s reports from the nation’s biggest banks showing that profits rose across the sector, boosted by the Federal Reserve’s high-interest rate environment.

BAC

3 minute read

Bitcoin Spikes Above $21,000: Is The Move Sustainable Or Just Speculative Mania?

By Murtuza Merchant

Today, 4:08 PM

The largest cryptocurrency by market capitalization, Bitcoin (CRYPTO: BTC) has spiked above the psychologically important barrier of the $21,000 mark.

$ADA

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John Rogers Of Ariel Investments Says US Will Avoid Recession In 2023: ‘More Optimistic Today Than A Year Ago’

By Bhavik Nair

Today, 4:08 PM

John Rogers, chairman and co-CEO of Ariel Investments, said the U.S. will avoid a recession this year as the Federal Reserve reins in inflation.

BTC

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Lower Rate Hikes Ahead? How Fed Officials Reacted To December Inflation Data

By Bhavik Nair

Today, 4:08 PM

Federal Reserve officials on Thursday reportedly sounded relief that inflation continued on its downward path in December, which could likely lead to a step down to a 25 bps interest rate hi

QQQ

2 minute read

Boston Fed’s Susan Collins Says Leaning Toward 25 Bps Rate Hike At Next Policy Meeting: NYT

By Bhavik Nair

Today, 4:08 PM

Susan M. Collins, president of the Federal Reserve Bank of Boston, reportedly said she was leaning toward a 25 bps interest rate hike at the next FOMC meeting – a slowing down in the pace of rate hike compared to the large increases adopted by the central bank throughout last year in its fight against inflation.

QQQ