Profile picture of Insider (news website)
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
Stock market today: S&P 500 hits 4-day losing streak as tech drops
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.
Profile picture of The Hill (newspaper)
Could interest rate hikes be keeping inflation high?: The stickiness of the post-pandemic inflation is raising questions about how effective high interest rates ...
thehill.com/business/4612114-could-interest-rate-hikes-be-keeping-inflation-high/
Could interest rate hikes be keeping inflation high?
Profile picture of Yahoo Finance
The market rally is at its most fragile point in months. The S&P 500 ended Friday below 5,000, its first close below that mark since late February. Meanwhile ... Show more   finance.yahoo.com/news/feds-favorite-inflation-gauge-and-big-tech-earnings-greet-a-slumping-stock-market-what-to-know-this-week-114204074.html
Profile picture of Inc.com
Powell's 'Restrictive' Approach Lets Fed Stay Flexible: Words matter when Fed Chair Jerome Powell makes announcements, and the central bank is very carefully ...
inc.com/reuters/powells-restrictive-approach-lets-fed-stay-flexible.html
Powell's 'Restrictive' Approach Lets Fed Stay Flexible
Profile picture of Yahoo Finance
Wall Street retreated on Friday as dimming hopes for a coming interest rate cut and geopolitical uncertainty intensified a sell off in Big Tech ... Show more   finance.yahoo.com/news/stock-market-today-tech-stocks-smoked-nvidia-tumbles-10-to-cap-worst-week-of-the-year-200313365.html
Profile picture of Insider (news website)
Stock market today: Stocks slide for the 5th straight session: The S&P 500 hit its worst losing streak since last October as investors recalibrate amid forecasts ...
markets.businessinsider.com/news/stocks/stock-market-news-fifth-loss-fed-speakers-rate-cuts-delay-2024-4
Stock market today: Stocks slide for the 5th straight session
Profile picture of Reuters
US bond bulls lean into latest selloff despite inflation scare: A sharp selloff in U.S. bonds so far in April is prompting some investors to consider allocating ...
reuters.com/markets/us/us-bond-bulls-lean-into-latest-selloff-despite-inflation-scare-2024-04-22/
US bond bulls lean into latest selloff despite inflation scare
Profile picture of The New York Times
U.S. Mortgage Rates Jump Above 7% for the First Time This Year: Rates on 30-year mortgages — the most common kind among U.S. homeowners — surpassed the 7 percent ...
nytimes.com/2024/04/18/business/mortgage-rates.html
U.S. Mortgage Rates Jump Above 7% for the First Time This Year
Profile picture of Bloomberg
Investor Sentiment: Watching 'Dumb Money' Could Be a Smart Move: Shifting views on economic landings may have thwarted the drop in inflation ...
bloomberg.com/opinion/articles/2024-04-18/investor-sentiment-watching-dumb-money-could-be-a-smart-move
Investor Sentiment: Watching 'Dumb Money' Could Be a Smart Move
Profile picture of Fox Business
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
Stock market sell-off has 'further to go,' JPMorgan warns
Profile picture of Investor's Business Daily
Where To Find Princely 5% Yields For Your Cash And Take No Risk: The Federal Reserve threw you a curveball with interest rates. Cash is still king as inflation ...
investors.com/etfs-and-funds/personal-finance/interest-rates-how-to-cash-in-on-high-yielding-cash-cds-apys/
Where To Find Princely 5% Yields For Your Cash And Take No Risk
Profile picture of Yahoo Finance
Stocks rose in what felt like a straight-line for the first three months of 2024, with the S&P 500 notching its best first quarter return in five years ... Show more   finance.yahoo.com/news/stock-market-today-dow-snaps-6-day-losing-streak-powell-warns-on-inflation-181845026.html
Profile picture of CNN.com
Mortgage rates surge past 7%, reaching highest level since November: Mortgage rates soared this week, breaching the key 7% threshold and extending America’s home ...
cnn.com/2024/04/18/economy/mortgage-rates-7-percent/
Mortgage rates surge past 7%, reaching highest level since November
Quick Glance: Mortgage Rates Surge Above 7% in 2024, Posing Major Dilemma for Homebuyers
  • US mortgage rates have surged above 7%, increasing costs for homebuyers.

  • The rise in mortgage rates impacts monthly costs, limiting purchasing power.

  • Uncertainty surrounding rate trends poses a decision dilemma for potential homebuyers.

  • Experts anticipate a moderate easing of mortgage rates later in the year.
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Powell's 'restrictive' emphasis maximizes Fed flexibility: Central bankers choose their words carefully, so recent comments from the Federal Reserve's two most ...
reuters.com/markets/us/powells-restrictive-emphasis-maximizes-fed-flexibility-mcgeever-2024-04-19/
Powell's 'restrictive' emphasis maximizes Fed flexibility
Profile picture of Insider (news website)
Stocks could jump 13% even with dimming rate-cut outlook: Fundstrat: The S&P 500 could end the year at 5,700 even if the outlook for Fed rate cuts doesn't ...
markets.businessinsider.com/news/stocks/stock-market-fed-rate-cut-outlook-inflation-sp500-rally-fundstrat-2024-4
Stocks could jump 13% even with dimming rate-cut outlook: Fundstrat
Profile picture of Insider (news website)
Stock Market Crash: 3 Charts Show Market Headed For Trouble: "We say rising no landing risks = rising hard landing risks," says Michael Hartnett.
businessinsider.com/stock-market-crash-bubble-charts-trouble-ahead-bank-of-america-2024-4
Stock Market Crash: 3 Charts Show Market Headed For Trouble
Profile picture of The Washington Post
Strong economy can be double-edged sword for Biden if rates stay high: Higher inflation could lead the Federal Reserve to keep interest rates — and mortgage ...
washingtonpost.com/business/2024/04/13/biden-inflation-federal-reserve/
Strong economy can be double-edged sword for Biden if rates stay high
Quick Glance: Biden's New Perspective on Inflation: Trump Would Be Worse
  • The White House warns that inflation would worsen if Trump is re-elected as a strategy to sway voters.

  • March's inflation increase surpassed expectations, undermining Biden's claim of lowering prices.

  • Rising oil prices due to geopolitical tensions could lead to higher gas prices, a concern for the White House.

  • Biden emphasizes fighting inflation as top priority while experts debate the impact of his economic stimulus packages.
Profile picture of PBS
Minneapolis Fed president on inflation uptick and when to cut interest rates: Inflation came in higher than expected last month, raising concerns once again ...
pbs.org/newshour/show/minneapolis-fed-president-on-inflation-uptick-and-when-to-cut-interest-rates
Minneapolis Fed president on inflation uptick and when to cut interest ...
Profile picture of Bloomberg
Inflation’s Last Mile Will Test Jerome Powell and the Federal Reserve: Slower disinflation and approaching elections are a dangerous combination.
bloomberg.com/opinion/articles/2024-04-23/inflation-s-last-mile-will-test-jerome-powell-and-the-federal-reserve
Inflation’s Last Mile Will Test Jerome Powell and the Federal Reserve
Profile picture of Insider (news website)
Stock market today: Indexes mixed as traders try to recoup losses: US stocks were mixed on Thursday. The market will get fresh commentary from a handful of Fed ...
markets.businessinsider.com/news/stocks/stock-market-today-fed-rate-cuts-williams-bostic-earnings-tech-2024-4
Stock market today: Indexes mixed as traders try to recoup losses
Profile picture of Detroit Free Press
Fed: Don't expect rate cut: On Wednesday, Federal Reserve Chair Jerome Powell firmly shut the door on rate cuts, citing lack of confidence in progress on ...
freep.com/story/money/business/2024/04/20/fed-dont-expect-a-rate-cut/73353083007/
Fed: Don't expect rate cut
Profile picture of Yahoo Finance
Stocks rose in what felt like a straight-line for the first three months of 2024, with the S&P 500 notching its best first quarter return in five years ... Show more   finance.yahoo.com/news/stock-market-today-dow-snaps-6-day-losing-streak-powell-warns-on-inflation-181845026.html
Profile picture of Bloomberg
Central Bankers Should Retire the 2% Inflation Target: With the energy shock now a memory, central bankers require more flexible objectives.
bloomberg.com/opinion/articles/2024-04-17/central-bankers-should-retire-the-2-inflation-target
Central Bankers Should Retire the 2% Inflation Target