American government office
Rates in 2024: Markets React as Powell's Fed Stays Course: The Fed chief has been reluctant to make a call on how the US economy has changed since the ...
bloomberg.com/news/articles/2024-03-17/rates-in-2024-markets-react-as-powell-s-fed-stays-course
Paid articlePaid
Fed chief: Powell hints at a pause on interest rates: Before the last interest rate meeting of the American Federal Reserve, Fed Chairman Jerome Powell indicated ...
faz.net/aktuell/finanzen/fed-chef-powell-deutet-zinspause-an-19355305.html
Jerome Powell Has a Chance to Be a Legend: If you like chatting with us, check out the Odd Lots Discord, where you can hang out and talk with us and with other ...
bloomberg.com/news/newsletters/2023-07-28/jerome-powell-has-a-chance-to-be-a-legend
Inflation likely eased for seventh straight month in January: Still, the Federal Reserve has made clear that it has a long way to go before inflation is rooted ...
washingtonpost.com/business/2023/02/14/inflation-easing-cpi-january/
Quick Glance: Lael Brainard's departure from the White House leaves a significant void at the Federal Reserve.
- Lael Brainard, the Federal Reserve's No. 2 official, is leaving for the White House, leaving a void at the central bank as it enters a new phase of its inflation fight.
- Many people close to the Fed and the White House believe Brainard will eventually succeed Yellen at Treasury after the NEC.
- It's unclear who the White House could quickly appoint to fill such a critical role at the Fed.
- She's so central that it appears she'll leave a void."
Jerome Powell Signals Fed Prepared to Slow Rate-Rise Pace in December: Fed chair says a labor-market slowdown will be needed to bring inflation back to the ...
wsj.com/articles/jerome-powell-signals-fed-prepared-to-slow-rate-rise-pace-in-december-11669833043
Paid articlePaidQuick Glance: Powell signals a 0.50% rate hike in December, stressing the need to "moderate" the pace.
- In a speech on Wednesday, Federal Reserve Chair Jerome Powell set the stage for a 50-basis-point rate boost at the Fed's December policy meeting, saying it makes sense to "moderate" rate hikes as the Fed near its expected peak in benchmark interest rates.
- "It makes sense to moderate the pace of our rate increases as we approach the level of restraint that will be sufficient to bring inflation down," Powell said at the Brookings Institution in Washington.
- "The time for moderating the pace of rate increases may come as soon as the December meeting."
- "History cautions strongly against prematurely loosening policy."
Meet The New Bond, Same As The Old Bond?: The rally in bonds to close out 2023 reflects the US Federal Reserve's validation of beginning a rate-cutting cycle in ...
seekingalpha.com/article/4659412-meet-the-new-bond-same-as-the-old-bond
Paid articlePaid
Analysis: Investors look to emerging markets as planets align for end of dollar bull market
reuters.com/markets/currencies/investors-look-emerging-markets-planets-align-end-dollar-bull-market-2022-12-06/
Fed's Powell tests positive for COVID, has 'mild' symptoms: WASHINGTON (AP) — Federal Reserve Chair Jerome Powell tested positive Wednesday for COVID-19 and is ...
apnews.com/article/federal-reserve-system-business-covid-3d1676665c5139644d188701a638299a
Federal Reserve Chairman Jerome Powell tests positive for COVID-19: The Fed announced on Wednesday that its chairman, Jerome Powell, has tested positive for ...
foxbusiness.com/economy/federal-reserve-chairman-jerome-powell-tests-positive-for-covid-19
Morning Bid: Powell clears the decks: A look at the day ahead in U.S. and global markets from Mike Dolan.
reuters.com/markets/us/global-markets-view-usa-pix-2022-12-01/
Sentiment boost from easing of China's COVID curbs weighs on dollar: The euro and pound hit over five-month highs against the dollar in early trade on Monday as ...
reuters.com/markets/currencies/dollar-soft-china-reopening-hopes-boost-risk-sentiment-2022-12-05/
Inflation Regrets? The Federal Reserve Has Too Few: If Jerome Powell wants to defend its independence, he’ll have to prove it has learned from its mistakes.
wsj.com/articles/regrets-the-federal-reserve-has-too-few-transitory-recession-uber-lyft-jerome-powell-2024-inflation-price-surge-11673543504
Paid articlePaid Stocks drop as central banks meet after 'higher for longer' Fed view: Global shares slid for a second day on Thursday as major central banks deliver their final ...
reuters.com/markets/global-markets-wrapup-1-2022-12-15/
Stocks Drop As Fed Leaves Investors Uncertain About Rates: The Fed chair said the central bank “still has a ways to go” before it will be done raising interest ...
nytimes.com/2022/11/02/business/stock-market-fed.html
Quick Glance: Bank of England warns of "longest recession" as interest rates rise by 3%
- People are terrified about how they will make these dreadful mortgage payments after tomorrow.
- Higher interest rates will make borrowing money more expensive, pushing people to save rather than borrow, implying that people will spend less.
- Those who borrow, such as those on mortgages, may see their interest rates climb as interest rates continue to rise.
- As a result of the expected interest rate hike of 0.75%, buyers may face an increased monthly payment, implying that mortgage payments might account for more than 40% of a homeowner's gross wage.
Morning Bid: Waiting on Beijing: A look at the day ahead in Asian markets from Jamie McGeever.
reuters.com/markets/global-markets-view-asia-graphic-pix-2022-11-30/
It’s not the COVID economy — it’s just the economy now: The pandemic shocks have reshaped the very fabric of the economy.
axios.com/2023/02/03/covid-risks-economy-federal-reserve
Take Five: The grand 2022 central bank finale: The world's top central banks dominate the agenda next week with indications abounding that the aggressive pace of ...
reuters.com/business/take-five/global-markets-themes-graphic-2022-12-09/
Powell: 'No guarantee' Fed can tame inflation, spare jobs: Federal Reserve Chair Jerome Powell said there’s “no guarantee″ the central bank can tame ...
abcnews.go.com/Business/wireStory/powell-guarantee-fed-tame-inflation-spare-jobs-85936625
Federal Reserve raises interest rate by 0.50 percentage point to curb inflation and sees steeper hikes ahead
usatoday.com/story/money/economy/2022/12/14/fed-interest-rate-federal-reserve-meeting-live-updates/10867165002/
Quick Glance: The Federal Reserve of the United States lifts the benchmark interest rate by half a percentage point to slightly under 4.5 percent.
- At the same time, it stated that it will not relent in its fight against inflation.
- The main interest rate could be above 5% for the entire year of 2023.
- Second, even with a key rate of somewhat less than 4.5 percent, the cycle is unlikely to be over.
- To go back to the two percent target, he said he would accept some "macroeconomic pain" - that is, a minor uptick in the extremely low unemployment rate.
Dollar nears 3-mth low, shares climb after Fed tests the brakes: World shares touched a two-month high and the dollar swooped towards a three-month low on ...
reuters.com/markets/global-markets-wrapup-1-pix-2022-11-24/
Stock market news today: Positive Q3 GDP revision and Powell speech: Q3 GDP growth was revised to 2.9% from 2.6%, while the ADP payroll report showed 127 ...
markets.businessinsider.com/news/stocks/stock-market-news-today-positive-q3-gdp-revision-powell-speech-2022-11
Dollar rises, yuan slumps as China's COVID unrest spooks markets: The dollar climbed on Monday as protests in China against the government's anti-COVID policies ...
reuters.com/markets/currencies/dollar-rises-broadly-yuan-slumps-chinas-covid-unrest-rattles-sentiment-2022-11-28/
Unemployment Rate Unexpectedly Rose To 3.7% In August As Layoffs Continue To Spike
forbes.com/sites/jonathanponciano/2022/09/02/unemployment-rate-unexpectedly-rose-to-37-in-august-as-layoffs-continue-to-spike/
Paid articlePaid Fed Raises Rates Another 50 Basis Points—Signals More Hikes To Come Next Year: Despite a promising inflation report, the Fed's work in taming surging prices is ...
forbes.com/sites/jonathanponciano/2022/12/14/fed-raises-rates-another-50-basis-points-signals-more-hikes-to-come-next-year/
As Fed raises interest rates to combat inflation, central banks around the world follow
pbs.org/newshour/show/as-fed-raises-interest-rates-to-combat-inflation-central-banks-around-the-world-follow
Quick Glance: The Fed raises interest rates again: How do the significant increases affect your finances?
- Even before the Fed's announcement on Wednesday, credit card borrowing rates had reached their highest level since 1996, according to Bankrate.com, and they are expected to rise further.
- However, these organizations' longer-term loans of more than four installments are subject to the same increased borrowing rates as credit cards.
- Rates for new auto loans are expected to rise nearly as much as the Fed's rate hike.
- Last week, the average fixed mortgage rate surpassed 6%, the highest level in 14 years, implying that house loan rates are roughly double what they were a year ago.
Morning Bid: Stop making sense: A look at the day ahead in European and global markets from Ankur Banerjee:
reuters.com/markets/europe/global-markets-view-europe-2022-12-01/
Inflation, jobs, and how to make sense of the post-pandemic economy: The housing market is a disaster. The job market’s still strong. Consumers hate inflation ...
vox.com/the-goods/2022/12/2/23486024/economy-inflation-jobs-report-gdp-stock-market-recession
Fed chair Powell on the U.S. labor shortage: COVID, retirements, missing immigrants
axios.com/2022/12/16/the-missing-workers-who-are-never-coming-back
Fed Raises Interest Rates by 0.75 Percentage Point: The central bank acknowledged indicators of spending and output had softened, but said further rate rises are ...
wsj.com/articles/fed-raises-interest-rates-by-0-75-percentage-point-11658944935
Paid articlePaidQuick Glance: The United States' GDP fell at a 0.9% annual rate in the second quarter, raising fears of a recession.
- For the second quarter in a row, output fell, hampered by rising prices and borrowing rates.
- Treasury Secretary Janet Yellen stated on Thursday that the United States is experiencing "very significant fiscal drag."
- The Commerce Department reported Thursday that GDP, a broad measure of goods and services generated across the economy, dropped at an inflation and seasonally adjusted annual rate of 0.9% in the second quarter.
- Any changes in pricing or terms will be communicated to you in advance.
Morning Bid: Downbeat on the downshift: A look at the day ahead in U.S. and global markets from Mike Dolan.
reuters.com/markets/europe/global-markets-view-usa-2022-11-02/
IMF slashes U.S. growth forecast, sees 'narrowing path' to avoid recession: The International Monetary Fund on Friday slashed its U.S. economic growth forecast ...
reuters.com/world/uk/imf-slashes-us-growth-forecast-sees-narrowing-path-avoid-recession-2022-06-24/
Six Takeaways From the Fed’s Big Meeting on Wednesday: The central bank took its most aggressive step yet to try to tame rapid and persistent inflation ...
nytimes.com/2022/06/16/business/feds-rate-increase-takeaways.html
Quick Glance: Analysis: Fed policymakers face near-record uncertainty after being blown off course once again.
- The data highlights why policymakers are so focused on raising interest rates quickly, even if doing so makes a larger dent in growth and unemployment than previously anticipated, and why policy will be driven by clarity on the inflation outlook.
- According to the data, all 18 Fed members are more unsure than normal about their inflation and economic growth estimates, and all but one are similarly uncertain about their unemployment rate projections.
- Interest rates will undoubtedly rise, and quickly: 17 of the 18 Fed members expect the target rate to be at least 3.6% by next year, two full percentage points higher than today, and five expect it to be above 4%.
Stock rally fizzles, dollar retreats as U.S. jobs glow fade: A rally in world stocks flagged on Friday, while the U.S. dollar retreated from a 24-year high on ...
reuters.com/markets/europe/global-markets-wrapup-1-pix-2022-09-02/
Federal Reserve hikes interest rates by 0.5% to slow inflation: The Federal Reserve lifted its core interest rate by as much as 0.5%, its second hike in two ...
nbcnews.com/business/economy/federal-reserve-interest-rate-increase-inflation-rcna26982
Quick Glance: The Federal Reserve raises interest rates by half a point in an effort to control inflation.
- Mr. Powell hinted that the Fed may continue to approve higher-than-usual rate hikes in order to calm the economy and contain runaway inflation.
- Mortgage rates are not inextricably linked to the federal funds rate.
- The Fed's chairman, Jerome H. Powell, announced that rates would be raised by half a percentage point to combat increasing inflation.
- Mr. Quarles also stated that he believes the Fed will have to induce a recession in order to manage inflation, and he attributed the rapid price increases to government stimulus.
Inflation, The Fed, And Recession: Why Financial Markets Are Struggling: Will inflation persist for long? Will Fed policy result in a soft landing? Is a U.S ...
forbes.com/sites/mikepatton/2022/05/19/inflation-the-fed-and-recession-why-financial-markets-are-struggling/
Stocks stem losses but still close out worst week since March 2020
washingtonpost.com/business/2022/06/17/stocks-today-worst-week-since-march-2020/
Fed door open to 0.75% hike after inflation data, market moves: Eroding inflation data and fast-changing views in financial markets on Monday have opened the ...
reuters.com/markets/us/fed-door-open-075-hike-after-inflation-data-market-moves-2022-06-14/
Fed hikes interest rates for first time in pandemic as inflation surges: The Federal Reserve raised rates by 0.25 percentage points on Wednesday ...
businessinsider.com/federal-reserve-hikes-interest-rates-inflation-higher-costs-loans-mortgages-2022-3
Over Half A Million Jobs Were Created Last Month. Here’s The Catch: It looks like the U.S. is heading into a different type of job market. More Americans are ...
forbes.com/sites/jackkelly/2022/08/09/over-half-a-million-jobs-were-created-last-month-heres-the-catch/
Paid articlePaid
Fed Chairman Powell: A half-percentage point interest rate hike is 'on the table' for May
cnn.com/2022/04/21/economy/federal-reserve-jerome-powell/
The Power of the Fed: As the Federal Reserve pumps billions of dollars into the financial system, who is benefiting and at what cost? Watch FRONTLINE's ...
pbs.org/wgbh/frontline/film/the-power-of-the-fed/
Powell’s Anti-Inflation ‘Pain’: The faster the Fed gets inflation down, the better for markets.
wsj.com/articles/jerome-powells-anti-inflation-pain-federal-reserve-interest-rates-markets-11661552948
Paid articlePaid
Markets are wobbling and more pain looms on the horizon: Risk is back at the front of investors’ minds for the first time since the 2008 financial crisis as ...
smh.com.au/business/markets/markets-are-wobbling-and-more-pain-could-be-on-the-horizon-20220509-p5ajn3.html
Why a Not-So-Hot Economy Might Be Good News: As the Federal Reserve tries to rein in inflation without causing a recession, slower job creation and wage growth ...
nytimes.com/2022/06/02/business/economy/jobs-wages-inflation-powell.html
Fed's Bostic: 'Everything in play' for July rate hike: Atlanta Federal Reserve Bank President Raphael Bostic on Wednesday stoked rising expectations for more ...
reuters.com/markets/us/feds-bostic-everything-play-july-rate-hike-options-2022-07-13/
Fed lifts rates by half point, starts balance sheet reduction June 1: The Federal Reserve on Wednesday raised its benchmark overnight interest rate by half a ...
reuters.com/business/finance/feds-racing-raise-rates-how-high-remains-an-open-bid-2022-04-28/
Fed's Waller backs 50 bps rate hikes until "substantial" reduction in inflation: The U.S. Federal Reserve should be prepared to raise interest rates by a half ...
reuters.com/markets/us/feds-waller-supports-50-bps-rate-hikes-several-meetings-2022-05-30/
U.S. unemployment rate drops to 3.6% as labor market rapidly tightens: U.S. employers maintained a brisk pace of hiring in March, driving the unemployment rate ...
reuters.com/world/us/us-job-growth-solid-march-unemployment-rate-falls-36-2022-04-01/
The case for big Fed rate hikes just got a little stronger: It's not as if U.S. central bankers needed more reasons to step up the pace of interest rate hikes ...
finance.yahoo.com/news/case-big-fed-rate-hikes-150631884.html
Fed announces interest rate hikes to combat record inflation | TheHill: The Federal Reserve on Wednesday increased its baseline interest rate range, launching...
thehill.com/policy/finance/economy/598450-fed-announces-interest-rate-hikes-to-combat-record-inflation
Dollar to climb to new high after Fed hikes 75 basis points: Jefferies: Jefferies joins Barclays in expecting the Fed to raise interest rates by 75 basis points ...
markets.businessinsider.com/news/currencies/dollar-fed-rate-hike-inflation-75-basis-points-inflation-currencies-2022-6
The Death of Davos? | by Carl Bildt - Project Syndicate: Carl Bildt considers what, if anything, can be salvaged from the global optimism of an earlier era.
project-syndicate.org/commentary/davos-globalization-optimism-becomes-rivalry-and-depression-by-carl-bildt-2022-05
U.S. Job Openings, Quitting At Near Record High In February: There were 11.3 million available jobs last month, matching January's figure and just below ...
huffpost.com/entry/united-states-employment-jobs-labor-department_l_6243471ce4b0d7ac3d52b7a0
Quick Glance: Job openings and quits in the United States reached a near-record high in February, according to the Labor Department.
- According to the Labor Department, employment surged in February but layoffs remained high.
- The 29th of March (UPI) -- According to the Labor Department's monthly report released Tuesday, employers in the United States recruited over 6.7 million employees last month, but layoffs remained high at nearly 4.4 million.
- The Job Openings and Labor Turnover Survey, or JOLTS, released on Tuesday is distinct from the department's monthly jobs report.
- On Friday, the agency will release its March jobs report.
Larry Summers was right on inflation. Let’s hope his recession forecast is wrong.
bostonglobe.com/2022/04/14/business/larry-summers-was-right-inflation-lets-hope-his-recession-forecast-is-wrong/
War, pandemic, and inflation deal Fed a complex trifecta: In what now seem the simpler days of December, when there was only a pandemic to worry about ...
reuters.com/business/war-pandemic-inflation-deal-fed-complex-trifecta-2022-03-14/
Markets cheer after Powell downplays even larger rate hikes: NEW YORK (AP) — The Dow Jones Industrial Average surged more than 900 points and the S&P 500 had its ...
apnews.com/article/russia-ukraine-business-seoul-economy-europe-2aa3a3315649570b7e2f391c7e4f9a21
U.S. Senate confirms Brainard as Fed's next vice chair: Federal Reserve Governor Lael Brainard won confirmation in the U.S. Senate on Tuesday to be the U.S ...
reuters.com/world/us/fed-nominees-near-finish-line-senate-confirmation-2022-04-26/
Jobs Report Shows Strong Gains for January and Revises Prior Months Upward: The economy added 6.6 million jobs in the year through January, and Mr ...
nytimes.com/live/2022/02/04/business/jobs-report-january/president-biden-celebrates-a-surprisingly-strong-jobs-report
Fed on the cusp of 'maximum employment' goal; not everyone has benefited: Since adopting a new approach to U.S. monetary policy weighted towards ensuring a ...
reuters.com/markets/us/feds-maximum-employment-is-here-not-everyone-has-benefited-2022-01-07/
Fed's Powell sees tweaks to key leverage ratio, climate analysis on agenda going forward
reuters.com/markets/rates-bonds/feds-powell-sees-tweaks-key-leverage-ratio-climate-analysis-agenda-going-forward-2022-01-11/
Fed raises key rate by a half-point in bid to tame inflation: The Federal Reserve intensified its drive to curb the worst inflation in 40 years by raising its ...
seattletimes.com/business/fed-raises-key-rate-by-a-half-point-in-bid-to-tame-inflation/
Quick Glance: The Federal Reserve boosts the benchmark interest rate by a half-point in an effort to keep inflation under control.
- According to Nobel Laureate and NYU Professor Paul Romer, the Federal Reserve would "be much better off at a stable 3%, maybe better off at a stable 4%" as an inflation objective.
- WASHINGTON (AP) — The U.S. The Federal Reserve stepped up its fight against the worst inflation in 40 years on Wednesday, boosting its benchmark short-term interest rate by a half-point — its most aggressive move since 2000 — and foreshadowing several significant rate hikes to come.
- The Fed's key rate was lifted to a range of 0.75% to 1%, the highest level since the epidemic struck two years ago.
US job openings decline from record level but remain high: The white-hot demand for U.S. workers cooled a bit in April, though the number of unfilled jobs ...
abcnews.go.com/Business/wireStory/us-job-openings-decline-record-level-remain-high-85107902
Inflation Lessons From the 1970s: Painful lessons from the past have helped convince policymakers that quickly raising interest rates is the way to combat rising ...
nytimes.com/2022/03/16/podcasts/the-daily/inflation-interest-rates-fed-volcker.html
The US GDP data isn't good news for recession-watchers: The US GDP shrank for a second straight quarter. That doesn't put the country in a recession right away ...
qz.com/us-gdp-shrank-for-the-second-straight-quarter-how-worr-1849342310
Paid articlePaid WATCH LIVE: Chair of the Federal Reserve Jerome Powell gives news briefing on interest rate policy
pbs.org/newshour/politics/watch-live-chair-of-the-federal-reserve-jerome-powell-gives-news-briefing-on-interest-rate-policy
Powell: Fed on track to hike rates in March | TheHill: Federal Reserve Chair Jerome Powell will tell lawmakers Wednesday...
thehill.com/policy/finance/596488-powell-fed-on-track-to-hike-rates-in-march
The Pandemic Economy Is Officially Over: federal reserve, jerome powell, federal open market commmittee, interest rates, pandemic, covid, pandemic economy ...
nymag.com/intelligencer/2022/03/the-fed-hikes-interest-rates-ends-the-pandemic-economy.html
Federal Reserve is popping everything bubble, fueling stock market sell off, chaos
businessinsider.com/federal-reserve-inflaton-everything-bubble-economy-stock-market-debt-2022-1
Explainer: Why the U.S. stock market is tumbling in 2022: The U.S. stock market is off to brutal start in 2022.
reuters.com/business/finance/why-us-stock-market-is-tumbling-2022-2022-05-11/
US economy shrank by 1.4% in Q1 but consumers kept spending: The U.S. economy shrank last quarter for the first time since the pandemic recession struck two ...
abcnews.go.com/US/wireStory/us-economy-shrank-14-q1-consumers-spending-84367864
Powell: 'Soft' economic landing may be out of Fed's control: WASHINGTON (AP) — Federal Reserve Chair Jerome Powell, fresh off winning Senate confirmation for a ...
apnews.com/article/economy-inflation-jerome-powell-99491a939e1719044806c12d2c0b9119
Inflation: Former Philly Fed president reveals the 'big mistake' that led to the current crisis
foxbusiness.com/politics/inflation-former-philly-fed-president-reveals-big-mistake
The Power of the Fed: As the Federal Reserve pumps billions of dollars into the financial system, who is benefiting and at what cost? Watch FRONTLINE's ...
pbs.org/wgbh/frontline/film/the-power-of-the-fed/
US Senate Confirms Powell for Second Term as Central Bank Chief : Bipartisan support as inflation hits 40-year high
voanews.com/a/us-senate-confirms-powell-for-second-term-as-central-bank-chief-/6569172.html
Markets React to War in Ukraine and Inflation: Live Business News: Jerome Powell, the Federal Reserve chair, said he would support a quarter-point increase at ...
nytimes.com/live/2022/03/02/business/stock-market-and-business-news/the-latest-oracle-suspends-operations-in-russia-and-google-wants-workers-back-in-the-office
Fed minutes may shape debate over what follows June, July rate hikes: The Federal Reserve's May 3-4 policy meeting ended with a half-percentage-point rate ...
reuters.com/markets/us/fed-minutes-may-shape-debate-over-what-follows-june-july-rate-hikes-2022-05-25/
Senate Confirms Fed Chair Jerome Powell To Second Term As Inflation Spikes And Markets Collapse
forbes.com/sites/jonathanponciano/2022/05/12/senate-confirms-fed-chair-jerome-powell-to-second-term-as-inflation-spikes-and-markets-collapse/
Wall Street ends higher after choppy session ahead of Fed: Wall Street stocks ended higher on Tuesday after a choppy session in which each of the major indexes ...
reuters.com/business/futures-slip-earnings-disappoint-eyes-fed-2022-05-03/
Bitcoin slips, altcoins slide after hawkish Fed comments hit markets: Cryptocurrencies slid Thursday, losing $100 billion in market cap, after Fed chair Jerome ...
markets.businessinsider.com/news/currencies/crypto-markets-bitcoin-ethereum-stocks-fed-hawkish-powell-solana-blockchain-2022-1
New to NewsWall?
Sign up now to get your own personalized news!
Trending topics