central banking system of the United States
The 3.5 Percent Inflation Plateau: Prices have been rising faster than expected for the past three months. What’s going on?
theatlantic.com/ideas/archive/2024/04/inflation-above-fed-target/678174/
Europe Faces Twin Blow If ECB and Fed Don’t Cut, Scicluna Warns: The euro zone’s stuttering economy would face a twin blow should interest rates not be lowered ...
bloomberg.com/news/articles/2024-04-19/europe-faces-twin-blow-if-ecb-and-fed-don-t-cut-scicluna-warns
Mortgage demand falls again as interest rates soar past 7%: A key measure of home-purchase application fell for the third straight week as mortgage interest ...
foxbusiness.com/economy/mortgage-demand-falls-again-interest-rates-soar-past-7
Stock market sell-off has 'further to go,' JPMorgan warns: JPMorgan analysts warned in a note to clients this week that the U.S. stock market sell-off has ...
foxbusiness.com/markets/stock-market-selloff-has-further-go-jpmorgan-warns
Leveraged Loans Are Next to Face Higher-for-Longer Rates Stress: The US leveraged loan market, as yet unruffled by the shift to a higher-for-longer view on ...
bloomberg.com/news/articles/2024-04-18/leveraged-loans-are-next-to-face-higher-for-longer-rates-stress
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Emerging Markets With Strong Buffers Against US Dollar Shock: As the dollar’s strength roils developing markets, the good news is that many are now well prepared ...
bloomberg.com/news/articles/2024-04-18/emerging-markets-with-strong-buffers-against-us-dollar-shock
Paid articlePaid
Stock market today: S&P 500 hits 4-day losing streak as tech drops: The S&P 500 notched its fourth-straight day of losses as Nvidia, Meta, and other tech names ...
markets.businessinsider.com/news/stocks/stock-market-today-sp500-tech-fed-rate-cuts-outlook-inflation-powell-2024-4
Quick Glance: Powell Warns of Lack of Progress on Inflation
- Federal Reserve Chair Jerome Powell emphasized that the U.S. economy, while otherwise strong, has not seen a return of inflation to the central bank's target.
- Powell mentioned that the current policy should remain in place as inflation has not declined quickly enough and there has been no further progress towards the 2% goal.
- Since July 2023, the Fed has maintained its benchmark interest rate in a target range between 5.25% and 5.5%, the result of 11 consecutive rate hikes.
- Financial markets have had to adjust their expectations for rate cuts this year as inflation has been higher than expected, and the Fed's policy continues to be dependent on data.
Bank Indonesia Surprises With Rate Hike, Expects Rupiah Gain: Bank Indonesia defied expectations and raised its benchmark interest rate to a record high to help ...
bloomberg.com/news/articles/2024-04-24/indonesia-raises-key-rate-to-lift-rupiah-from-pandemic-era-lows
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Why the Retail Sales Report Doesn’t Have to Raise Worries About Rate-Cut Delays: Retail sales rose by 0.7% in March from February, according to the latest data ...
on.barrons.com/4aDmejE
USD: Rush for Dollars Could Match Moves Seen in 2020, Mizuho Says: The swaps market is flashing warnings there could be a dash for dollar liquidity on a scale ...
bloomberg.com/news/articles/2024-04-24/mizuho-trader-says-cheap-dollar-funding-masks-liquidity-risks
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The overstimulated superpower : One overlooked reason for US resilience is stimulus still coursing through the economy
ft.com/content/f9d247d8-dfd9-4983-bf19-bc5837aa04ef
Will the DAX soon look up again? Adidas shares take off, but Continental gives up
boerse-online.de/nachrichten/rohstoffe/geht-es-beim-dax-bald-wieder-aufwaerts-aktie-von-adidas-hebt-ab-doch-continental-laesst-federn-20355428.html
The Dow is hesitating as the Fed announces it may delay rate cuts due to inflation
qz.com/dow-jones-rate-cuts-inflation-federal-reserve-1851414249
Morning Update: Federal budget to include tax hikes for some corporations, wealthy Canadians
theglobeandmail.com/canada/article-morning-update-federal-budget-to-include-tax-hikes-for-some/
Paid articlePaid Fed rate cuts: Best-case scenario in tatters after hot March inflation: Not only are the number of rate cuts dwindling among bank forecasts, but Larry Summers ...
markets.businessinsider.com/news/stocks/fed-rate-cuts-outlook-inflation-rate-cpi-stock-market-economy-2024-4
How immigration is helping the economy defy expectations: Policymakers are increasingly pointing to an immigration influx and a bolstered U.S ...
thehill.com/homenews/4581122-how-immigration-is-helping-the-economy-defy-expectations/
The Federal Reserve cleans up its money-printing mess : It wants to avoid upsetting markets, and is so far succeeding
economist.com/finance-and-economics/2024/04/04/the-federal-reserve-cleans-up-its-money-printing-mess
Rate Anxiety: The Bloomberg Open, Europe Edition: Good morning. Two Fed speakers suggest three rate cuts remain on the table this year. Taiwan is hit by its ...
bloomberg.com/news/newsletters/2024-04-03/rate-anxiety-the-bloomberg-open-europe-edition
Paid articlePaid Richest 0.1% of Americans Saw Their Share of US Wealth Increase Since 2019: Virtually all Americans have gotten wealthier since the pandemic. But as the overall ...
bloomberg.com/news/articles/2024-03-26/americans-in-top-10-but-not-top-0-1-see-wealth-share-shrink
Paid articlePaid Corporate Bonds Likely to Stay Pricey for Months, Barclays Says: If history is any guide, investment-grade US corporate bonds can stay at current nosebleed ...
bloomberg.com/news/articles/2024-04-08/corporate-bonds-could-stay-pricey-for-months-barclays-says
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The Dow recovers after the Fed hints at interest rate cuts: AI, oil, and energy stocks rise as investors regain some excitement
qz.com/stock-market-dow-fed-cut-rates-1851385271
Paid articlePaid Junk Market Flashes Warning as Fed Eyes Higher Rates for Longer: Junk-rated US companies have seen their interest costs rise after the Federal Reserve’s ...
bloomberg.com/news/articles/2024-03-25/junk-market-flashes-warning-as-fed-eyes-higher-rates-for-longer
Paid articlePaid Selling your house? Here's the best time to do it: A new analysis published by Zillow found that American homeowners looking to sell should list their houses in ...
foxbusiness.com/economy/selling-your-house-here-best-time-do-it
Interest Rate Cuts: Inflation Scare Fades as SNB Leads Way for Fed, ECB, BOE: From Zurich to London to Washington, the great inflation scare that gripped the ...
bloomberg.com/news/articles/2024-03-21/rate-cuts-latest-inflation-scare-fades-as-snb-leads-way-for-fed-ecb-boe
Paid articlePaid Stock market today: S&P 500 notches record high as Fed affirms rate cuts: The S&P 500 surpassed 5,200 for the first time as the Fed affirmed three rate cuts are ...
markets.businessinsider.com/news/stocks/stock-market-today-fed-rate-cut-outlook-inflation-sp500-record-2024-3
Quick Glance: UK Inflation Rate Drops to 3.4% - Lowest Level in Almost Two and a Half Years - BBC News
- The UK inflation rate fell to 3.4% for the year to February - the lowest level in almost two and a half years.
- Economists predict that inflation is likely to hit the Bank of England's target of 2% this summer.
- Cost of living is increasing while wage growth is outpacing inflation.
- Housing costs are rising faster, putting pressure on renters and homeowners.
Amid forecast shift, Fed's Powell flags uncertainty over longer-run outlook: Federal Reserve officials on Wednesday nudged up the level estimated for their ...
reuters.com/markets/us/amid-forecast-shift-feds-powell-flags-uncertainty-over-longer-run-outlook-2024-03-20/
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 Reluctant to Say How the US Economy Has Changed: Big Take
bloomberg.com/news/newsletters/2024-03-18/fed-reluctant-to-say-how-the-us-economy-has-changed-big-take
Gen Z increasingly has no income, cannot retire or buy houses: A growing group of Gen Zers aren't working or going to school.
businessinsider.com/gen-z-increasingly-no-income-cannot-retire-or-buy-houses-2024-3
Paid articlePaid RBC Sees Fed Neutral Rate at 4% or Higher as Reflation Fear Rises: ‘Something north’ of that level now looks realistic after latest data, Elsa Lignos says
bloomberg.com/news/newsletters/2024-03-15/rbc-sees-fed-neutral-rate-at-4-or-higher-as-reflation-fear-rises
Inflation Day: The Bloomberg Open, Europe Edition: Good morning. Inflation data today may support the Fed’s patient approach to rate cuts ...
bloomberg.com/news/newsletters/2024-03-12/inflation-day-the-bloomberg-open-europe-edition
Paid articlePaid From a Federal Reserve meeting to gauge policymakers’ views on the timing of rate cuts to economic data that could help gauge the health of the global economy ... Show more
The Fear of Going First in Shadow of the Fed: I’m Craig Stirling, a senior editor in Frankfurt. Today we’re looking at the ECB’s interest-rate outlook ...
bloomberg.com/news/newsletters/2024-03-08/the-fear-of-going-first-in-shadow-of-the-fed
Fed's new neutral may be one FOMC takeaway: Mike Dolan: Next week's Federal Reserve meeting has lost the heat it once had as a likely moment for the central ...
reuters.com/markets/feds-new-neutral-may-be-one-fomc-takeaway-mike-dolan-2024-03-15/
This JPMorgan pro says Fed has it backward — inflation needs rates to come down: Critical information for the U.S. trading day
marketwatch.com/story/this-jpmorgan-pro-says-the-fed-has-it-backward-rates-need-to-be-cut-to-lower-inflation-c1ea6c28
Powell Is Scaring No One on Wall Street as Market Gains Broaden: Anyone betting that a hawked-up Jerome Powell would strike fear on Wall Street this week was ...
bloomberg.com/news/articles/2024-03-08/powell-is-scaring-no-one-on-wall-street-as-market-gains-broaden
Inflation's Harsh Line Between the Latest S&P 500 Record and the Common Man: The inflation numbers were benign enough for the S&P 500 to set another ...
bloomberg.com/opinion/articles/2024-03-13/inflation-s-harsh-line-between-the-latest-s-p-500-record-and-the-common-man
Two Senators Criticize Fed Watchdog Over Internal Trading Report: Two US senators criticized the Federal Reserve’s internal watchdog for his investigation into ...
bloomberg.com/news/articles/2024-03-06/two-senators-criticize-fed-watchdog-over-internal-trading-report
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US wholesale prices picked up in February in sign that inflation pressures remain elevated
apnews.com/article/inflation-wholesale-prices-consumer-federal-reserve-rates-b0456bd9bdc0cfdb5945f443ff75d865
Quick Glance: Inflation Decline and Consumer Impact
- Inflation in Germany continues to decline, primarily due to cheaper energy prices. Experts predict a further decrease in the year ahead, but with potential challenges. Higher inflation rates diminish consumer purchasing power.
- In February, energy and fuels decreased in price, while food prices increased. Services also became more expensive. Consumer prices rose by 0.4 percent compared to the previous month.
- The German government forecasts rising consumer prices and wage increases above the inflation rate. The expectation is that employees will spend the money and boost private consumption. However, the Bundesbank President warns against premature interest rate cuts.
- Despite the decline in inflation, the Bundesbank cautions against premature interest rate cuts. The European Central Bank aims for price stability in the medium term. Higher interest rates can curb demand but also burden the economy.
As Hershey battles cocoa costs, chocolate lovers may help cool inflation: The company’s response to the historically high cost of cocoa, the main ingredient in ...
washingtonpost.com/business/2024/03/12/inflation-chocolate-prices-grocery-cost/
Fed's Williams: Neutral rate is likely still low: Federal Reserve Bank of New York President John Williams said Friday that he suspects the "neutral" state of ...
reuters.com/markets/us/feds-williams-neutral-rate-is-likely-still-low-2024-03-08/
Stocks stay in neutral as investors anxiously await the Fed: There was some recovery on indexes, but not enough to offset the losses
qz.com/stock-market-nervous-eyes-on-the-fed-1851384268
Paid articlePaid As Wall Street titans gather, finance museum searches for a home: Financial industry heavyweights convened in New York last week to raise funds for a finance ...
reuters.com/business/finance/wall-street-titans-gather-finance-museum-searches-home-2024-03-09/
The Average Credit Score Just Dropped for the First Time Since 2009: The average credit score fell for the first time in over a decade in October ...
money.com/average-credit-score-drops-fico/
Hot CPI Inflation Casts Doubt On Fed Rate-Cut Hopes: CPI inflation data showed that services inflation eased. The S&P 500 rose as Wall Street assessed the Fed ...
investors.com/news/economy/cpi-inflation-feb-fed-rate-cut-sp-500/
Is The 'Fed Put' Back On The Table?: The Fed expects three rate cuts, creating a positive backdrop for stocks, with a 70% chance of a cut in June and over 80% by ...
seekingalpha.com/article/4680582-is-the-fed-put-back-on-the-table
Paid articlePaid
Will Tuesday's US Data point to more inflation pain? : Let's look at how markets opened this morning. Asian stocks started Tuesday on a cautious note ...
wionews.com/videos/will-tuesdays-us-data-point-to-more-inflation-pain-699204
Inflation isn't really the problem. Housing is: The Federal Reserve is keeping interest rates high to tame price growth. But it's a shortage of homes in ...
latimes.com/opinion/story/2024-03-08/inflation-housing-shortage-economy-cpi-fed-interest-rate
Quick Glance: Housing Market: Powell Warns of Persistent Shortage
- Speaking before the Senate Banking Committee, Federal Reserve Chair Jerome Powell stated that the U.S. housing market is undersupplied and will continue to be so in the years to come.
- Powell emphasized that the housing shortage is due to structural issues such as zoning difficulties and challenges in obtaining labor and materials for builders.
- He further explained that even as mortgage rates normalize, there will still be a nationwide housing shortage as many individuals are not moving due to low mortgage rates, resulting in a limited supply of available homes.
- Powell also addressed the challenges in the commercial real estate sector, specifically in the office segment, and how this could impact banks. He highlighted the likelihood of more bank failures in the coming years, particularly among small and medium-sized banks grappling with issues in the commercial real estate sector.
DAX celebrates Jerome Powell - Airbus, BASF, BMW, Infineon, Heidelberg Materials and Zalando in check - Douglas with IPO
deraktionaer.de/artikel/maerkte-forex-zinsen/dax-feiert-jerome-powell-airbus-basf-bmw-infineon-heidelberg-materials-und-zalando-im-check-douglas-mit-ipo-20353460.html
Why We Think 5 Interest-Rate Cuts Are Coming in 2024: With expected improvement in inflation, Morningstar expects more rate cuts than the Fed’s own forecast.
morningstar.com/economy/why-we-think-5-interest-rate-cuts-are-coming-2024
How the Fed's war on inflation has frozen the housing market: The Federal Reserve aggressively hiked interest rates to lower inflation during the pandemic ...
businessinsider.com/how-do-interest-rate-hikes-impact-housing-market-rent-mortgages-2024-3
Paid articlePaid DAX closes above 18,000 points for the first time - BASF, Rheinmetall, Jungheinrich, PVA TePla and Deutz in focus
deraktionaer.de/artikel/maerkte-forex-zinsen/dax-schliesst-erstmals-ueber-18000-punkten-basf-rheinmetall-jungheinrich-pva-tepla-und-deutz-im-fokus-20353427.html
Flash update Wall Street: Eagerly waiting for the Fed - Boeing, Intel, BioNTech, Nasdaq and Mobileye in focus
deraktionaer.de/artikel/maerkte-forex-zinsen/blitz-update-wall-street-gespanntes-warten-auf-die-fed-boeing-intel-biontech-nasdaq-und-mobileye-im-fokus-20353426.html
The Average Credit Score Just Dropped for the First Time Since 2009: The average credit score fell for the first time in over a decade in October ...
money.com/average-credit-score-drops-fico/
The Average Credit Score Just Dropped for the First Time Since 2009: The average credit score fell for the first time in over a decade in October ...
money.com/average-credit-score-drops-fico/
Joe Biden's pre-election spending created 'economy on speed': economist: Peter Morici said plenty of jobs have been created in healthcare, government ...
businessinsider.com/biden-government-morici-unemployment-national-debt-jobs-fiscal-stimulus-spending-2024-3
Paid articlePaid DAX ends week in the red: US job data in focus - Shock at HelloFresh: DAX closes slightly in the red despite US labor market report, HelloFresh crashes after ...
deraktionaer.de/artikel/maerkte-forex-zinsen/dax-beendet-woche-im-minus-us-jobdaten-im-fokus-schock-bei-hellofresh-20352529.html
Gold extends record run as rate cut bets gain ground: Gold rallied to a record on Wednesday, building on stellar momentum driven mostly by bets for U.S ...
reuters.com/markets/commodities/gold-holds-above-2100-near-record-high-focus-powell-testimony-2024-03-06/
Supply Chain Template: What Caused the US Inflation Shock: The steep climb in US import costs during the pandemic’s first two years and more was driven by a ...
bloomberg.com/news/newsletters/2024-03-05/supply-chain-template-what-caused-the-us-inflation-shock
This is how the DAX behaves before the Fed news - Symrise and Bayer shares in focus
boerse-online.de/nachrichten/rohstoffe/so-verhaelt-sich-der-dax-vor-den-fed-nachrichten-aktien-von-symrise-und-bayer-im-fokus-20352208.html
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
US wholesale prices picked up in February in sign that inflation pressures remain elevated
apnews.com/article/inflation-wholesale-prices-consumer-federal-reserve-rates-b0456bd9bdc0cfdb5945f443ff75d865
Quick Glance: Inflation Decline and Consumer Impact
- Inflation in Germany continues to decline, primarily due to cheaper energy prices. Experts predict a further decrease in the year ahead, but with potential challenges. Higher inflation rates diminish consumer purchasing power.
- In February, energy and fuels decreased in price, while food prices increased. Services also became more expensive. Consumer prices rose by 0.4 percent compared to the previous month.
- The German government forecasts rising consumer prices and wage increases above the inflation rate. The expectation is that employees will spend the money and boost private consumption. However, the Bundesbank President warns against premature interest rate cuts.
- Despite the decline in inflation, the Bundesbank cautions against premature interest rate cuts. The European Central Bank aims for price stability in the medium term. Higher interest rates can curb demand but also burden the economy.
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