Tag: Jerome Powell
Forget rate hikes, these analysts are predicting interest rate cuts next year
"There is a very high chance the Fed ends up cutting rate towards ... the end of next year," Unicredit's Erik Nielsen tells CNBC.
This was the worst first half for the market in 50 years and it's all because of one thing — inflation
A multitude of factors conspired to generate the stock market's worst first-half since 1970, but they all emanated from one word: inflation.
Powell vows to prevent inflation from taking hold in the U.S. for the long run
Federal Reserve Chair Jerome Powell vowed Wednesday that policymakers would not allow inflation to take hold of the U.S. economy over the longer term.
Powell vows to prevent inflation from taking long-run hold in the U.S.
Federal Reserve Chairman Jerome Powell vowed Wednesday that policymakers would not allow inflation to take hold of the U.S. economy over the longer term.
‘Apathetic’ investors will embrace banks: RBC top analyst predicts comeback in year’s second half
RBC Capital Markets' top banking analyst Gerard Cassidy expects strong revenue growth and optimism surrounding credit will boost banks.
European stocks log best session in more than 3 months; tech shares gain 3.8%
European stocks closed sharply higher on Friday to end a volatile week, as investors assessed inflation and fears of a possible economic recession.
Dan Yergin explains why oil prices are falling despite tight supply, Russia tensions
Oil prices have been dropping in the past month despite a market that's still tight, while Europe's tensions with Russia are keeping energy supply on a leash.
Stocks inch lower as rally attempt on Wall Street falters
Oil and bond yields fell on Wednesday, relieving some pressure they've given stocks lately.
Dow futures decline more than 400 points as market rebound fizzles
Growing fears of an economic recession continued to weigh on Wall Street.
Look for more selling pressure in week ahead as investors learn the hard way not to fight the Fed
After a brutal week for markets, Fed Chair Jerome Powell will testify before Congress about the central bank's increasingly aggressive plan to fight inflation.
Here are the three things the Fed has done wrong, and what it still isn't getting right
The Federal Reserve suddenly finds itself second-guessed as it tries to navigate the economy through inflation and away from recession.
Look for more selling pressure next week as investors learn the hard way not to fight the Fed
After a brutal week for markets, Fed Chair Jerome Powell will testify before Congress about the central bank's increasingly aggressive plan to fight inflation.
A day after Powell's assurances about the economy, markets are worried that 'the Fed breaks something'
The trouble is, the Fed's likely to get a recession anyway as data shows the economy is a far cry from stable.
S&P 500 rises slightly Friday, but still posts worst week since 2020
S&P 500 rises slightly Friday, but still posts worst week since 2020.
Powell vows that the Fed is 'acutely focused' on bringing down inflation
Federal Reserve Chairman Jerome Powell on Friday reiterated the central bank's commitment to bringing down inflation.
