Cuts Ahoy: The Bloomberg Open, Asia Edition: Good morning. Powell and Lagarde sound dovish. China probes lenders over bond speculation ...
bloomberg.com/news/newsletters/2024-03-07/cuts-ahoy-the-bloomberg-open-asia-edition
Federal Reserve Chair Jerome Powell told House lawmakers that interest rate cuts are likely "at some point" in 2024 ... Show more
The Weekly Fix: Markets Can’t Call the ECB-Fed Rate Cut Race: Welcome to the Weekly Fix, the newsletter that tries to make sense of economic targets ...
bloomberg.com/news/newsletters/2024-03-08/the-weekly-fix-markets-can-t-call-the-ecb-fed-rate-cut-race
Paid articlePaid
A plot twist threatens Jay Powell’s artful script: In the 2021 movie “Don’t Look Up,” scientists fail to persuade a gullible public that a comet will destroy ...
reuters.com/breakingviews/plot-twist-threatens-jay-powells-artful-script-2024-02-27/
More than Lagarde and Powell: SNB boss Jordan receives an annual salary of 1.1 million euros
diepresse.com/18288190/mehr-als-lagarde-und-powell-snb-chef-jordan-kassiert-11-millionen-euro-jahresgehalt
The Stock Market Is Running Low on Inspiration: The Fed is stuck on hold, consumption is cooling and we can’t count on the AI bellwethers to save us anytime soon ...
bloomberg.com/opinion/articles/2024-03-15/the-stock-market-is-running-low-on-inspiration
Paid articlePaid
The day on the stock market: After Powell and Lagarde: Dax on course for a new record
faz.net/aktuell/wirtschaft/weder-powell-noch-lagarde-daempfen-den-aktienmarkt-19570332.html
Paid articlePaid
World Economy Latest: Fed View on Interest Rates: I’m Chris Anstey, a senior economics editor in Boston, and today we’re looking at the new Fed policy outlook ...
bloomberg.com/news/newsletters/2024-02-01/world-economy-latest-fed-view-on-interest-rates
U.S. inflation sees slight decline but remains above Fed target: The costs of physical goods, including clothing, used cars and prescription drugs ...
pbs.org/newshour/economy/u-s-inflation-sees-slight-decline-but-remains-above-fed-target
CBO Says US Debt Set to Skyrocket to Record Over Next 10 Years: The cost to service the US government’s burgeoning debt load will hit a record high next year and ...
bloomberg.com/news/articles/2024-02-07/us-debt-set-to-skyrocket-to-record-over-next-decade-cbo-says
Where Did Wall Street’s Bears Go? ‘I Think We Know. The Fed Shot Them’: Rally rolls on as even the skeptics give up on fighting the post-Powell tape
bloomberg.com/news/newsletters/2023-12-19/where-did-wall-street-s-bears-go-i-think-we-know-the-fed-shot-them
Euro monetary policy: ECB boss Lagarde expects the first interest rate cut in the summer
faz.net/aktuell/finanzen/finanzmarkt/geldpolitik-lagarde-erwartet-zinssenkung-im-sommer-19454481.html
Quick Glance: ECB May Implement Summer Rate Cuts
- Lagarde hints at possible summer rate cuts at Davos, emphasizing the ECB's data-focused approach.
- ECB President Lagarde suggests interest rates may have peaked, citing ongoing uncertainties and unanchored indicators.
- Eurostat data shows a rise in the Euro Area's annual inflation rate to 2.9% in December, the highest in over two years.
- Lagarde cautions against market over-optimism, which could hinder the ECB's efforts to control inflation.
The Weekly Fix: Fighting the Fed Actually Worked Out This Time: Welcome to the Weekly Fix, the newsletter that’s never won a fight against the Fed ...
bloomberg.com/news/newsletters/2023-12-15/the-weekly-fix-fighting-the-fed-actually-worked-out-this-time
Shohei Ohtani’s Dodgers Contract Features Jerome Powell as MVP : Higher interest rates make big payments in future look less expensive now
wsj.com/sports/baseball/shohei-ohtanis-dodgers-contract-features-jerome-powell-as-mvp-319ec475
Breakingviews - Powell was pragmatic, Lagarde will have to be
reuters.com/breakingviews/powell-was-pragmatic-lagarde-will-have-be-2023-12-14/
Stocks just had their best month of the year, but the rally could lose steam depending on what a crucial labor market report shows ... Show more
Börsenwoche: What the ECB decision means: ECB President Christine Lagarde seems to have failed to dissuade the financial markets from speculating on interest ...
faz.net/aktuell/finanzen/was-die-ezb-entscheidung-bedeutet-19387440.html
Europe to be late arrival at Federal Reserve party: ECB and BoE refuse to countenance rate cuts, despite a clear pivot moment from the Fed.
politico.eu/article/europe-late-us-federal-reserve-party-ecb-boe-central-banks/
Quick Glance: Bank of Canada Raises Interest Rates
- Canadian central bank raises interest rates, but future is uncertain due to European debt crisis.
- Inflation has remained above the bank's 2% target since March 2021.
- Governor Tiff Macklem emphasized that interest rates will not be lowered in the near future.
- The bank will continue to focus on Canada's economic needs.
US consumer inflation eased in October as cheaper gas slowed overall price increases
apnews.com/article/inflation-prices-interest-rates-economy-federal-reserve-1f83d45fc6e30c6864d1b02913ec60c6
Quick Glance: Surprising Drop in US Producer Prices in October
- Last month saw the largest decrease in the producer price index for final demand since April 2020 at 0.5%.
- The PPI increased by 1.3% in the 12 months through October, following a 2.2% rise in September.
- Goods prices experienced a 1.4% decline in October, with a 15.3% decrease in gasoline prices being responsible for over 80% of the drop.
- Food prices fell by 0.2%, while prices for light motor trucks decreased.
Prospect of interest rate cuts drives DAX above 17,000 points for the first time: For the first time in its 35-year history, the leading German index climbed ...
diepresse.com/17915962/aussicht-auf-zinssenkungen-treibt-dax-erstmals-ueber-17000-punkte-marke
JPMorgan Chase chairman and CEO Jamie Dimon recently gave Yahoo Finance exclusive advice for investors and entrepreneurs alike ... Show more
ECB's Christine Lagarde stands firm: No rate cuts on the horizon: Those anticipating a dovish pivot from ECB President Christine Lagarde in the wake of ...
euronews.com/business/2023/12/14/ecbs-christine-lagarde-stands-firm-no-rate-cuts-on-the-horizon
'Soft landing' hopes drove a stock market rally. But investors shouldn't be celebrating yet.
finance.yahoo.com/news/soft-landing-hopes-drove-a-stock-market-rally-but-investors-shouldnt-be-celebrating-yet-154700826.html
Why Mainstream Economics Got Inflation Wrong | by James K. Galbraith - Project Syndicate
project-syndicate.org/commentary/transitory-inflation-why-mainstream-economics-got-it-wrong-by-james-k-galbraith-2023-11
Wall Street Bears Capitulate as Slowing Inflation, Dovish Fed Force Hard Pivot: Professional traders entered November wagering Jerome Powell’s campaign to tame ...
bloomberg.com/news/articles/2023-11-14/wall-street-bears-submit-as-slowing-inflation-forces-hard-pivot
JPMorgan CEO Jamie Dimon warns Wall Street to prepare for a recession: JPMorgan CEO Jamie Dimon sounded the alarm on a recession, warning Wall Street of a ...
nypost.com/2023/11/30/business/jpmorgan-ceo-jamie-dimon-warns-wall-street-of-a-recession/
Fed done hiking rates, but higher for longer message gaining traction: Reuters poll
reuters.com/markets/us/fed-done-hiking-rates-higher-longer-message-gaining-traction-2023-10-18/
Inflation held steady in September, running hotter than expected: Consumer prices rose 3.7% over the year ending in September.
abcnews.go.com/Business/fresh-inflation-data-expected-show-slight-cooldown/story
Quick Glance: Inflation stable as Fed considers more rate hikes
- Poland's central bank lowered interest rates by 75 basis points on September 6, 2023, despite double-digit inflation.
- The consumer price index (CPI) rose roughly in line with economists' expectations.
- Annual inflation rate stayed flat and monthly price growth fell from a 0.6% increase in August.
- Rising housing costs were the biggest contributor to inflation in September, driven primarily by rents and high home prices.
Things Are So Good in the US, the Fed Might Hike in 2024: When is a good thing, too good? We may find out as the unbreakable US consumer keeps spending ...
bloomberg.com/news/newsletters/2023-10-17/things-are-so-good-in-the-us-the-fed-might-hike-in-2024
How Jerome Powell keeps Wall Street in check: Further interest rate increases in the USA are not yet completely off the table. If there is a need for action ...
diepresse.com/17811598/wie-jerome-powell-die-wall-street-in-schach-haelt
Paid articlePaid
Indian shares gain after Fed keeps rates steady: Indian shares advanced on Thursday after the U.S. Federal Reserve's rate pause and policy commentary led to ...
reuters.com/world/india/indian-shares-set-rise-fed-triggers-rise-global-stocks-2023-11-02/
Economist Yun Says Fed's High Rates are Breaking the Economy: The Fed's hiking of rates has put pressure on key sectors of the economy, such as the commercial ...
newsweek.com/fed-high-rates-breaking-economy-1832757
Pillow Talk: The Bloomberg Close, Americas Edition: Good afternoon. Here’s what you need to know to end your day.
bloomberg.com/news/newsletters/2023-09-14/pillow-talk-the-bloomberg-close-americas-edition
After Fed's Jerome Powell, G7 Central Bank Chief Fires A 'Higher For Longer' Rate Warning: 'Inflation Fig
benzinga.com/23/08/34060321/after-feds-jerome-powell-g7-central-bank-chief-fires-a-higher-for-longer-rate-warning-inflation-figh
Rethinking investments: What savers now need to know about interest rates: The ECB can imagine not raising interest rates any more. This has consequences for ...
faz.net/aktuell/finanzen/sinkende-inflation-und-ezb-zinspause-hoffnung-auf-echte-zinsen-19193942.html
Paid articlePaid
Dancing in the dark: The future of interest rates just got more uncertain: The annual Jackson Hole conference brought the world’s economic powerbrokers together ...
smh.com.au/business/the-economy/dancing-in-the-dark-the-world-s-central-bankers-don-t-know-what-to-do-with-interest-rates-20230828-p5dzwb.html
Bond rout will amplify Powell’s Jackson Hole words: The U.S. Federal Reserve might be done hiking rates, but the bond market has only just gotten started ...
reuters.com/breakingviews/bond-rout-will-amplify-powells-jackson-hole-words-2023-08-23/
Fed done hiking; slim majority of economists say no rate cut through March: Reuters poll
reuters.com/markets/rates-bonds/fed-done-hiking-slim-majority-economists-say-no-rate-cut-through-march-2023-08-18/
At Jackson Hole, Post-Inflation Challenges Vex Central Bankers: The world’s top central bankers stressed the need to keep interest rates high until inflation is ...
bloomberg.com/news/articles/2023-08-27/at-jackson-hole-post-inflation-challenges-vex-central-bankers
Powell's Jackson Hole Speech Puts Old Message in a Hawkish Wrapper: ‘There was nothing in that speech that we didn’t know before,’ Mohamed El-Erian says
bloomberg.com/news/newsletters/2023-08-25/powell-s-jackson-hole-speech-puts-old-message-in-a-hawkish-wrapper
Paid articlePaid
Former White House economic advisor says more Fed hiking is coming: Kevin Hassett, the former chairman of the Council of Economic Advisers, predicts another ...
cnbc.com/2023/08/29/former-white-house-economic-advisor-says-more-fed-hiking-is-coming.html
How the Federal Reserve uses higher interest rates to tame inflation: Interest rates are headed higher again, as the Federal Reserve resumes its fight with ...
pbs.org/newshour/show/how-the-federal-reserve-uses-higher-interest-rates-to-tame-inflation
Quick Glance: US Economy Stays Strong: GDP Grows by 2.4% in Q2
- The Commerce Department announced that the gross domestic product, adjusted for inflation, increased by a 2.4 percent annual rate in the second quarter.
- Business investment rebounded in Q2 following a slump in the previous quarter, and growth was also supported by increased spending from state and local governments.
- According to Patrick Weiler, President and CEO, the company will initially utilize only a quarter of the available space.
Analyst who called the rally says stocks can still go higher: Wall Street's Tom Lee believes the S&P 500 can continue climbing because of this reason.
charlotteobserver.com/news/business/article278712004.html
Paid articlePaid
Fed, ECB, BOJ: What to Expect From Central Banking's Big Three: Not to overdo the wartime comparison, but Powell, Lagarde and Ueda hold the fate of monetary ...
bloomberg.com/opinion/articles/2023-07-25/fed-ecb-boj-what-to-expect-from-central-banking-s-big-three
Deutsche Bank: The tension is rising today: Central bankers meet in Jackson Hole for annual discussion of global economy.
deraktionaer.de/artikel/aktien/deutsche-bank-heute-steigt-die-spannung-20338287.html
Global central banks begin policy shift as inflation cools: Top central banks continued with another round of interest rate hikes this week despite cooling ...
reuters.com/markets/rates-bonds/global-central-banks-begin-policy-shift-inflation-cools-2023-07-27/
US Payrolls Report Helps Cement Idea That the Fed's Hiking Is Done: The Fed-is-finished narrative gets fresh support from payrolls data
bloomberg.com/news/newsletters/2023-08-04/us-payrolls-report-helps-cement-idea-that-the-fed-s-hiking-is-done
Fed’s Fine-Tuning: The Bloomberg Close, Americas Edition: Good afternoon. Here’s what you need to know to end your day.
bloomberg.com/news/newsletters/2023-07-26/fed-s-fine-tuning-the-bloomberg-close-americas-edition
Interest Rates: Fed Readies Another Hike in Big Week for Central Banks: The world’s major central banks meet in the coming week to set monetary policy amid ...
bloomberg.com/news/articles/2023-07-22/interest-rates-fed-readies-another-hike-in-big-week-for-central-banks
Central Banks Embrace ‘Strategic Ambiguity,’ Drop Forward Guidance: BOJ’s Ueda follows Powell, Lagarde in leaving investors guessing
bloomberg.com/news/newsletters/2023-07-28/central-banks-embrace-strategic-ambiguity-drop-forward-guidance
Five Things You Need to Know to Start Your Day: Get up to speed with what the markets are monitoring
bloomberg.com/news/newsletters/2023-06-29/stock-markets-today-central-bankers-united-next-on-putin-ai-chips-uk-water
Powell Says Rates Haven’t Been Restrictive Long Enough to Bring Inflation to Target
wsj.com/articles/powell-other-central-bankers-face-uncertain-inflation-outlook-30bd34e5
Quick Glance: Nasdaq edges up, S&P 500 and Dow decline slightly; focus on more Fed rate hikes
- Nasdaq sees small gain with support from megacap stocks
- S&P 500 and Dow close lower after Powell signals more rate hikes
- Powell suggests further rate hikes and does not rule out increase in July
- Market happy to take a breather with Powell's tight policy
New Risks Shadow Bond Market as Fed’s Rate-Hike Cycle Nears End: Bets on a bond-market rally aren’t in the clear just yet.
bloomberg.com/news/articles/2023-07-29/new-risks-shadow-bond-market-as-fed-s-rate-hike-cycle-nears-end
Central Banks Embrace ‘Strategic Ambiguity,’ Drop Forward Guidance: BOJ’s Ueda follows Powell, Lagarde in leaving investors guessing
bloomberg.com/news/newsletters/2023-07-28/central-banks-embrace-strategic-ambiguity-drop-forward-guidance
Fed’s Powell Says US Core Inflation Won’t Hit 2% Before 2025
bloomberg.com/news/live-blog/2023-06-28/powell-lagarde-bailey-ueda-at-ecb-forum-in-sintra
Morgan Stanley Sees Fed Hiking Rates in July After Powell Speech: Morgan Stanley now expects the Federal Reserve to raise interest rates at its July meeting ...
bloomberg.com/news/articles/2023-06-27/morgan-stanley-sees-fed-hiking-rates-in-july-after-powell-speech
The Fed grows confident its Goldilocks economy might come true: The U.S. may not have to sacrifice the economic gains achieved in the pandemic recovery.
axios.com/2023/06/15/fed-rate-hikes-economy-soft-landing
Quick Glance: CPI Report: Inflation Halved Compared to Last Year
- According to the latest CPI report, inflation in May was cut in half compared with a year earlier.
- Inflation fell in May to around half last year’s peak but remained elevated, indicating progress in cooling price pressures.
Central Bankers Confront Surprising Resilience: I’m Chris Anstey, a senior editor for economic policy in Boston, and today we’re looking at what global central ...
bloomberg.com/news/newsletters/2023-06-29/central-bankers-confront-surprising-resilience
Top global central bankers assert need for higher interest rates to tackle persistent inflation
theglobeandmail.com/business/international-business/article-top-global-central-bankers-assert-need-for-higher-interest-rates-to/
Paid articlePaid
Top Central Bankers See Further Tightening to Counter Inflation
bloomberg.com/news/articles/2023-06-28/top-central-bankers-see-further-tightening-to-counter-inflation
Fed agreed need for more rate hikes after May meeting was 'less certain': Federal Reserve officials "generally agreed" last month that the need for further ...
reuters.com/markets/us/fed-agreed-may-need-more-rate-hikes-was-less-certain-meeting-minutes-show-2023-05-24/
Search continues search for sub; Powell to face Capitol Hill hearing; Paris 2024 Olympics HQ searched | Hot off the Wire podcast
dailyprogress.com/news/nation-world/search-continues-search-for-sub-powell-to-face-capitol-hill-hearing-paris-2024-olympics-hq/article_ad188378-1397-5cf4-b10b-953c3de46b23.html
Federal Reserve raises interest rate by quarter point - UPI.com: The Federal Reserve announced a 10th interest rate hike on Wednesday, raising the rate to 5.25%.
upi.com/Top_News/US/2023/05/03/Fed-interest-rate-Jerome-Powell/9381683134174/
World’s top central banks, waiting for relief on inflation, lean toward higher rates
theglobeandmail.com/business/international-business/article-worlds-top-central-banks-waiting-for-relief-on-inflation-lean-toward/
Global Rate-Hike Endgame Is Now Haunted by Recession Worries: Investor fears of mounting economic damage are threatening to overshadow the next round of ...
bloomberg.com/news/articles/2023-06-15/global-rate-hike-endgame-is-now-haunted-by-recession-worries
WATCH: The US central bank on Wednesday raised interest rates by 0.25%. Federal Reserve Chairman Jerome Powell said it's too soon to say the rate-hike cycle ... Show more
Fed raises rates, opens door to pause in tightening cycle: The Federal Reserve moved its management of the post-pandemic economic recovery into a new phase on ...
reuters.com/markets/us/fed-likely-hike-rates-hint-pause-tightening-cycle-2023-05-03/
Fed & Co. Confront History of Mistakes as Hiking Cycle Nears End: As the world’s major central banks near the end of their steepest rate-tightening campaign in ...
bloomberg.com/news/articles/2023-04-30/fed-co-confront-history-of-mistakes-as-hiking-cycle-nears-end
The Fed's efforts to fight housing inflation by hiking interest rates has backfired, Cramer says
cnbc.com/2023/04/12/jim-cramer-the-feds-efforts-to-fight-housing-inflation-by-hiking-rates-has-backfired.html
Fed raises key rate by quarter-point despite bank turmoil: WASHINGTON (AP) — The Federal Reserve extended its year-long fight against high inflation Wednesday by ...
apnews.com/article/federal-reserve-inflation-banks-interest-rates-jobs-91a9185ebce972bbf5ab1f46654f1a53
The Fed Accused of 'Playing With Fire' After Latest Rate Hike: "It shouldn't take a lot of courage to resist another interest rate hike when the ...
commondreams.org/news/federal-reserve-rate-hikes-banks
Quick Glance: How will the banking crisis affect the Federal Reserve? Higher interest rates and a recession may be on the way.
- While there is no set number for employment or interest rates, the Federal Reserve has set a 2% inflation target.
- "The Fed's rate hikes are working."
- At the time, experts predicted that the next rate hike would be similar.
- That is, until the February inflation and employment data came in strong.
- Others believe a quarter-point or even a half-point increase is still on the way, citing the Fed's responsibility to manage inflation and employment.
Fed Meets as Bank Chaos Collides With Inflation: The Federal Reserve will decide whether and by how much to raise interest rates this week at a moment when its ...
nytimes.com/2023/03/20/business/economy/fed-inflation-bank-collapses.html
Elon Musk on recession outlook: 'tough sledding' for the US economy: Elon Musk warned it's likely to be "tough sledding" for the US economy over the next year ...
markets.businessinsider.com/news/stocks/elon-musk-us-recession-tough-sledding-economy-inflation-federal-reserve-2023-4
First Republic Bank shares sink to another record low, but stock markets are calmer
npr.org/2023/03/20/1164685821/first-republic-credit-suisse-ubs-silicon-valley-bank-signature-bank
Korea-US interest rate gap expands to record high: Korea's chief economic policymaker warned Thursday of the possibility of further instability in the global ...
koreatimes.co.kr/www/biz/2023/03/488_347707.html
How investors can profit from Fed-ECB divergence: Breaking up is hard to do. Yet after matching each other step for step while tightening monetary policy over ...
reuters.com/breakingviews/global-markets-cenbank-breakingviews-2023-02-07/
New to NewsWall?
Sign up now to get your own personalized news!
Trending topics