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Stock Market Today: Dow Drops 404 Points Ahead of Powell's Testimony: The main indexes sold off sharply as anxiety ramped up ahead of tomorrow's congressional ...
kiplinger.com/investing/stocks/stock-market-today-dow-drops-404-points-ahead-of-powells-testimony
Stock Market Today: Dow Drops 404 Points Ahead of Powell's Testimony
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Kawhi's triple-double (25 PTS, 10 REB, 10 AST) leads the L.A. Clippers to a W in the battle of LA! 🌴🌟 Harden: 23 PTS | 10 AST George: 17 PTS | 5 REB Powell: ... Show more
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Stocks Are Hot—But Here’s Why Some Experts Think A Recession May Be Coming: The inverted yield curve, historic impact of rate-hiking cycles and weaker GDP growth ...
forbes.com/sites/dereksaul/2024/01/03/stocks-are-hot-but-heres-why-some-experts-think-a-recession-may-be-coming/
Stocks Are Hot—But Here’s Why Some Experts Think A Recession May Be Coming
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Richmond neighbors: Obituaries for January 21: Read through the obituaries published today in Richmond Times-Dispatch.
richmond.com/news/local/richmond-neighbors-obituaries-for-january-21/collection_32f662ea-c6f9-58f5-b465-24b1edf199b1.html
Richmond neighbors: Obituaries for January 21
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Exclusive: Over 2,500 young adults signal interest in part of Biden's "Climate Corps"
axios.com/2023/12/01/biden-climate-corps
Exclusive: Over 2,500 young adults signal interest in part of Biden's ...
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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
Fed chief: Powell hints at a pause on interest rates
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Investor Fears of 'Zombies' Create Bubble in Companies With High Cash Flow
bloomberg.com/news/articles/2023-11-01/fear-of-zombies-creates-bubble-in-companies-that-can-pay-bills
Investor Fears of 'Zombies' Create Bubble in Companies With High ...
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Rate Anxiety: The Bloomberg Open, Asia Edition: Good morning. Bond selloff deepens on Fed comments. The RBA is set to stand pat. And Taylor Swift sparks a ...
bloomberg.com/news/newsletters/2023-10-02/rate-anxiety-the-bloomberg-open-asia-edition
Rate Anxiety: The Bloomberg Open, Asia Edition
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Fear of Stock Market Dive Creeps Back as Hedging Costs Climb: The S&P 500 Index’s surprise 16% rally this year is rewarding traders who bought in early and ...
bloomberg.com/news/articles/2023-09-10/fear-of-stock-market-dive-creeps-back-as-hedging-costs-climb
Fear of Stock Market Dive Creeps Back as Hedging Costs Climb
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CNBC Daily Open: Jackson Hole anxiety overshadows Nvidia : Even Nvidia’s blockbuster earnings couldn’t quell investor anxiety over Jackson Hole.
cnbc.com/2023/08/25/stock-markets-jackson-hole-anxiety-overshadows-nvidia-.html
CNBC Daily Open: Jackson Hole anxiety overshadows Nvidia
Quick Glance: Nvidia earnings could shake up Wall Street
  • Real-time data snapshot

  • Data delayed by at least 15 minutes
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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
Jerome Powell Has a Chance to Be a Legend
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Why inflation is losing its punch — and why things could get even better: Annual inflation fell to 3% in June, the lowest since March 2021. That probably won't ...
npr.org/2023/07/12/1187230556/inflation-consumer-prices-interest-rates-federal-reserve-economy
Why inflation is losing its punch — and why things could get even better
Quick Glance: US Inflation Rises at Slowest Pace in Two Years
  • Inflation rose 3% in June compared to the previous year, according to data, down from 4% in May.

  • Inflation has significantly decreased from its peak of over 9% in June 2022, and the latest reading represents the slowest pace since March 2021.

  • The increase in US inflation in June was driven by higher housing costs, as reported by the Labor Department.

  • The figures highlight the relatively fast progress the US has made in controlling price increases, especially compared to the UK, where inflation reached 8.7% in May despite multiple interest rate hikes.
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The Fed's Key Inflation Rate Cools, Lifting Stocks: The Federal Reserve's key inflation rate eased in May, but probably not enough to avoid a rate hike in July ...
investors.com/news/economy/federal-reserve-key-inflation-rate-cools-sp-500/
The Fed's Key Inflation Rate Cools, Lifting Stocks
Quick Glance: Inflation rate rises to 6.4 percent in June
  • Inflation in Germany gains momentum again.

  • Consumer prices in June were 6.4 percent higher than the previous year.

  • Energy prices rise below average at 3.0 percent.

  • ECB aims for price stability with a two percent inflation rate.
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Gold pulls back as banking jitters ease: Gold prices retreated on Wednesday as investors trickled back into riskier assets betting that risks of contagion from ...
reuters.com/world/india/gold-prices-slip-fading-banking-jitters-dampen-demand-2023-03-29/
Gold pulls back as banking jitters ease
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The Inflation Picture Gets Murkier | by Jim O'Neill - Project Syndicate: Jim O'Neill parses recent economic indicators to consider whether a soft ...
project-syndicate.org/commentary/inflation-mixed-picture-with-us-jobs-report-cpi-commodity-prices-other-factors-by-jim-o-neill-2023-03
The Inflation Picture Gets Murkier | by Jim O'Neill - Project ...
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Paul Krugman: High unemployment isn't needed to bring down inflation: "It will be a real tragedy if exaggerated fear of inflation causes the Federal Reserve to ...
markets.businessinsider.com/news/stocks/paul-krugman-wages-economy-unemployment-jobs-inflation-recession-fed-rates-2023-4
Paul Krugman: High unemployment isn't needed to bring down inflation
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Systemic-Risk Fears Put an End to 2023 Stock Market Miracle: It’s one thing when crypto gets flattened by a fired-up Federal Reserve, or moonshot online stocks ...
bloomberg.com/news/articles/2023-03-10/hints-of-systemic-hazard-put-an-end-to-2023-stock-market-miracle
Systemic-Risk Fears Put an End to 2023 Stock Market Miracle
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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/
Inflation likely eased for seventh straight month in 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."
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Dovish Hike, or Hawkish Hold? Fed, Peers Must Choose Their Fear: From Washington to Zurich to London, central bankers need to make a pivotal decision in coming ...
bloomberg.com/news/articles/2023-03-21/dovish-hike-or-hawkish-hold-fed-peers-must-choose-their-fear
Dovish Hike, or Hawkish Hold? Fed, Peers Must Choose Their Fear
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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
It’s not the COVID economy — it’s just the economy now
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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
Federal Reserve Chairman Jerome Powell tests positive for COVID-19
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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
Inflation Regrets? The Federal Reserve Has Too Few
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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/
Analysis: Investors look to emerging markets as planets align for end of ...
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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
Jerome Powell Signals Fed Prepared to Slow Rate-Rise Pace in December
Quick 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."
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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/
Federal Reserve raises interest rate by 0.50 percentage point to curb ...
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.
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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/
Sentiment boost from easing of China's COVID curbs weighs on dollar
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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/
Morning Bid: Powell clears the decks
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How the Fed's Series of Rate Hikes Could Affect Your Finances: As interest rates increase, many economists say they fear that a recession remains inevitable ...
time.com/6241396/interest-rates-finances/
How the Fed's Series of Rate Hikes Could Affect Your Finances
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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/
Fed Raises Rates Another 50 Basis Points—Signals More Hikes To Come Next ...
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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 chair Powell on the U.S. labor shortage: COVID, retirements ...
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BTC price 3-week highs greet US CPI — 5 things to know in Bitcoin this week: Bitcoin meets the first CPI print of 2023 with a BTC price charge above $17,000.
cointelegraph.com/news/btc-price-3-week-highs-greet-us-cpi-5-things-to-know-in-bitcoin-this-week
BTC price 3-week highs greet US CPI — 5 things to know in Bitcoin this ...
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Powell Cancels the Santa Rally. Here’s Hoping 2023 Is Better.: Despite retail sales falling in November a record season is still forecast, Donald Trump moves ...
barrons.com/articles/what-to-know-today-51671180553
Powell Cancels the Santa Rally. Here’s Hoping 2023 Is Better.
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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
Stock market news today: Positive Q3 GDP revision and Powell speech
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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
Inflation, jobs, and how to make sense of the post-pandemic economy
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China Reopening Isn’t Providing Christmas Cheer. It’s Up to Powell Now.: Wall Street CEOs beat a recession drum, Taiwan Semi raises U.S. investment ...
barrons.com/articles/things-to-know-today-51670403008
China Reopening Isn’t Providing Christmas Cheer. It’s Up to Powell Now.
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US recession a growing fear as Fed plans to keep rates high: After scaling 40-year highs, inflation in the United States has been slowly easing since summer ...
orlandosentinel.com/business/ct-biz-recession-fed-rates-20221216-hprfnhzohrdwpatoikiliz6xku-story.html
US recession a growing fear as Fed plans to keep rates high
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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
Stocks Drop As Fed Leaves Investors Uncertain About Rates
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.
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The Fed makes history with a fourth straight three-quarter-point rate hike: The Federal Reserve approved a fourth-straight rate hike of three-quarters of a ...
cnn.com/2022/11/02/economy/federal-reserve-meeting-inflation/
The Fed makes history with a fourth straight three-quarter-point rate hike
Quick Glance: The Fed Must Make Tough Decisions As Inflation Continues to Rise and Economic Risks Increase Loom
  • On Wednesday, the Federal Reserve is likely to maintain its fight against the fastest inflation in 40 years by hiking interest rates by three-quarters of a percentage point for the fourth time in a row.

  • The most recent economic predictions from the Fed, given in September, suggested that it may begin next month.

  • Inflation may start to fuel itself.

  • Most Fed policymakers have based the Fed's decision to slow and eventually cease raising interest rates on the level of interest rates rather than what is occurring with inflation.
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'People Will Lose Their Jobs': Expert Chorus Against Fed Rate Hikes Grows: One economist warned the Federal Reserve is at risk of hurling the U.S ...
commondreams.org/news/2022/10/18/people-will-lose-their-jobs-expert-chorus-against-fed-rate-hikes-grows
'People Will Lose Their Jobs': Expert Chorus Against Fed Rate Hikes Grows
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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
As Fed raises interest rates to combat inflation, central banks around the ...
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.
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China real estate and global debt woes show problems that led to 2008 financial crisis remain
scmp.com/comment/opinion/article/3195859/china-real-estate-and-global-debt-woes-show-problems-led-2008
China real estate and global debt woes show problems that led to 2008 ...
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Fed’s Own Economist Warns of “Severe Recession” From Chair Powell’s Rate Hikes: Federal Reserve Chair Jerome Powell insists he won’t cause a deep recession but ...
theintercept.com/2022/09/09/recession-federal-reserve-inflation-interest-rate-hikes/
Fed’s Own Economist Warns of “Severe Recession” From Chair Powell’s Rate ...
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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/
Stock rally fizzles, dollar retreats as U.S. jobs glow fade
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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
Powell’s Anti-Inflation ‘Pain’
Profile picture of Barron's
The Fed May Have Just Killed the Nasdaq Bull Market: NASA readies launch of its SLS mega-rocket, final decisions on latest Covid boosters expected this week ...
barrons.com/articles/things-to-know-today-51661772717
The Fed May Have Just Killed the Nasdaq Bull Market
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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/
Over Half A Million Jobs Were Created Last Month. Here’s The Catch
Profile picture of The Wall Street Journal
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
Fed Raises Interest Rates by 0.75 Percentage Point
Quick 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.
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Brace for volatility and this Fed pivot trigger: JPMorgan's Kelly: "When the public becomes more fearful of recession than inflation, the Fed will likely slowly ...
markets.businessinsider.com/news/stocks/stock-market-outlook-volatility-recession-federal-reserve-jackson-hole-jpmorgan-2022-8
Brace for volatility and this Fed pivot trigger: JPMorgan's Kelly
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BTC to lose $21K despite miners’ capitulation exit? 5 things to know in Bitcoin this week
cointelegraph.com/news/btc-miners-exit-capitulation-5-things-to-know-in-bitcoin-this-week
BTC to lose $21K despite miners’ capitulation exit? 5 things to know in ...
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Why Consumers’ Inflation Psychology Is Stoking Anxiety at the Fed: Federal Reserve officials have indicated they accept the risks of causing a recession because ...
wsj.com/articles/why-consumers-inflation-psychology-is-stoking-anxiety-at-the-fed-11657013400
Why Consumers’ Inflation Psychology Is Stoking Anxiety at the Fed
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Fed's fear of entrenched high inflation fueled big rate hike, minutes show: A deteriorating inflation situation and concern about lost faith in the Federal ...
reuters.com/markets/us/fed-rallied-around-big-rate-hike-amid-worry-over-eroding-inflation-outlook-2022-07-06/
Fed's fear of entrenched high inflation fueled big rate hike, minutes show
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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/
IMF slashes U.S. growth forecast, sees 'narrowing path' to avoid recession
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US Federal Reserve wants to quickly reduce skyrocketing inflation: Fed chief holds out the prospect of further rapid interest rate hikes - Powell won't rule out ...
kurier.at/wirtschaft/us-notenbank-will-hochgeschossene-inflation-rasch-senken/402050428
US Federal Reserve wants to quickly reduce skyrocketing inflation
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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/
The Power of the Fed