July 28, 2023
“Inflation showed further signs of cooling in June, according to a gauge released Friday that the Federal Reserve follows closely. The personal consumption expenditures price index excluding food and energy increased just 0.2% from the previous month, in line with… Continue Reading…
July 6, 2023
“…US stocks could crash 25% from their current levels with the Federal Reserve’s aggressive interest-rate hikes set to plunge the economy into a recession before year-end, according to FS Investments’ chief market strategist… “From our perspective, there’s probably only 3%… Continue Reading…
June 29, 2023
“…1. Researchers at the US central bank just published a paper warning that a historic surge in the percentage of distressed American companies could worsen the fallout from the Fed’s inflation battle. Plainly, they said high borrowing costs could cause a huge number of companies… Continue Reading…
June 13, 2023
“…Both the consumer price index and the core CPI — which excludes food and energy — decelerated on an annual basis, highlighting inflation’s descent since peaking last year. At 4%, year-over-year inflation is now at its lowest level since March… Continue Reading…
March 14, 2023
“…There were some concerns that the taxpayer could now be on the hook for covering losses suffered by banks and that questionable management and investments were now being protected by the government. Banks, for example, now can limit accepting losses… Continue Reading…
March 7, 2023
“Federal Reserve Chairman Jerome Powell on Tuesday cautioned that interest rates are likely to head higher than central bank policymakers had expected. Citing data earlier this year showing that inflation has reversed the deceleration it showed in late 2022, the… Continue Reading…
January 13, 2023
“…“The Fed raised rates in 1929 to squelch financial speculation and then, in 1930, Congress passed Smoot-Hawley, putting 50%+ tariffs on more than 20,000 goods and pushing the global economy into the Great Depression,” Wood said. “If the Fed does… Continue Reading…
December 14, 2022
“The Federal Reserve will conclude its last policy meeting of the year on Wednesday on the back of a surprise drop in inflation, consensus around a slowed pace of interest rate increases, and markets primed for a coming halt in… Continue Reading…
October 25, 2022
“The bond market is enduring its worst selloff in a generation, triggered by high inflation and the aggressive interest-rate hikes that central banks are implementing. Falling bond prices, in turn, mean paper losses on the massive holdings that the Fed… Continue Reading…
October 11, 2022
“The Federal Reserve has raised interest rates at the fastest pace since the 1980s this year in an attempt to cure America’s inflation problem. But now, many economists and business leaders are beginning to question whether the medicine (rate hikes) could be worse than the disease (inflation).… Continue Reading…
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