Hike, Pause, Pivot Or Cut? 4 Experts On The Fed’s Next Interest Rate Move As CPI Data Shows Inflation ‘Weakening’
The Labor Department on Thursday reported a 6.5% year-over-year increase in December's consumer price index (CPI).
How Did Stocks React To The December CPI Print? A Tale Of Two Narratives
Market bets on whether the Federal Reserve's rate hikes would lead to a recession in 2023 have become a primary focus for the equity markets and for those who trade them.
KB Home’s Q4 And Fed Connection: Cramer Says Jerome Powell Has to Be Happy With The Numbers
KB Home (NYSE: KBH) reported on Wednesday fourth-quarter results that trailed consensus estimates, sending its shares lower in after-hours trading.
Nasdaq, S&P 500 Futures Turn Lower As Traders Digest Inflation Data That Eased In Line With Expectations
Trading in the index futures suggests a negative start on Thursday, as traders digest the December consumer price inflation data that came in line with expectations. The strong gains in the run-up to the inflation data are poten
Boston Fed’s Susan Collins Says Leaning Toward 25 Bps Rate Hike At Next Policy Meeting: NYT
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.
El-Erian Thinks Potential Fall In December Headline Inflation Won’t Signal End Of Price-Rise Problem
Allianz chief economic adviser and noted economist Mohamed El-Erian believes a potential fall in December headline inflation will not mar
Federal Reserve Chairman Powell Defends Central Bank Independence While In Sweden
Federal Reserve Chairman Jerome Powell participated in a panel discussion on Tuesday morning about the independence of central banks at an event hosted by the Sveriges Riksbank, the central bank of Sweden.
‘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