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Profile picture of USA Today
The economy grew a disappointing 1.6% in Q1. What does it mean for interest rates?
usatoday.com/story/money/2024/04/25/gdp-report-first-quarter/73437532007/
The economy grew a disappointing 1.6% in Q1. What does it mean for ...
Quick Glance: Unlikelihood of Fed Rate Cut Before Elections Disrupts Markets
  • Investors cast doubt on a Fed rate cut before September.

  • Expectations are now fully priced in for a rate cut on November 6-7.

  • The shift in market expectations stemmed from inflation and growth data.

  • There is now an estimated 75 percent likelihood of a Fed rate cut by September.
Profile picture of Insider (news website)
Stock market today: US stocks mixed ahead of GDP data, fresh earnings: Meta Platforms will report earnings after the closing bell, with Microsoft and Alphabet on ...
markets.businessinsider.com/news/stocks/stock-market-today-economy-outlook-gdp-earnings-q1-tech-rally-2024-04
Stock market today: US stocks mixed ahead of GDP data, fresh earnings
Profile picture of CNBC
Consumer prices rose 3.5% from a year ago in March, more than expected: The consumer price index in March was expected to increase 3.4% from a year ago ...
cnbc.com/2024/04/10/cpi-inflation-march-2024-consumer-prices-rose-3point5percent-from-a-year-ago-in-march.html
Consumer prices rose 3.5% from a year ago in March, more than expected
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 TheStreet
Veteran fund manager delivers blunt warning on stocks: Here's what could happen to the stock market next.
thestreet.com/investing/stocks/veteran-fund-manager-delivers-blunt-warning-on-stocks
Veteran fund manager delivers blunt warning on stocks
Profile picture of PBS
Powell says the Federal Reserve still sees rate cuts this year; election timing won't affect decision
pbs.org/newshour/politics/powell-says-the-federal-reserve-still-sees-rate-cuts-this-year-election-timing-wont-affect-decision
Powell says the Federal Reserve still sees rate cuts this year; election ...
Quick Glance: Expectations of Interest Rate Cuts in 2024
  • Federal Reserve Chairman Jerome Powell confirmed at Stanford University that the central bank anticipates interest rate cuts to continue this year without specifying a timeline.

  • Emphasizing independence from politics, the Fed maintains its outlook despite recent reports not significantly altering their perspective.

  • Stronger economic indicators have led some analysts to speculate that rate cuts may not occur this year, causing market unease.

  • Despite economic data uncertainties, Powell and other Fed officials foresee a potential policy rate reduction at some point this year, likely towards the end of the year.
Profile picture of The Hill (newspaper)
Fed officials consider leaving rates higher for longer: Following higher than expected inflation and labor market readings in January and February on the tail ...
thehill.com/business/4572776-fed-officials-consider-leaving-rates-higher-for-longer/
Fed officials consider leaving rates higher for longer
Profile picture of CNN.com
Fed Chair Jerome Powell signals rate cuts aren’t imminent: The Federal Reserve has been keen on paying attention to investors’ expectations on interest rates ...
cnn.com/2024/03/29/business/jerome-powell-interest-rates-federal-reserve/
Fed Chair Jerome Powell signals rate cuts aren’t imminent
Quick Glance: US February Inflation Data Aligns with Fed's Expectations, Powell States
  • The latest U.S. inflation data aligns with what the Federal Reserve wants to see, according to Federal Reserve Chair Jerome Powell. The personal consumption expenditures (PCE) price index data released on Friday matched expectations and showed less of a slowdown than last year. However, Powell emphasized that the February report did not undermine the Fed's baseline outlook.

  • Some details of the PCE data showed improvements in inflation aspects considered important by the Fed, even though the overall numbers showed little progress in the first two months of the year. Last week, the Fed kept its benchmark overnight interest rate steady at 5.25%-5.50% and narrowly confirmed the baseline projection of a 0.75 percentage point rate decrease by the end of this year.

  • Powell has had to reconcile expectations for rate cuts with data indicating a slowdown, if not a halt, in the improvement of inflation numbers in recent weeks. He stated that recent high inflation does not alter the overall narrative of easing price pressures, but acknowledged that the recent data cannot be completely dismissed as a sign of slowed progress.
Profile picture of Fort Worth Star-Telegram
Key inflation report may derail interest-rate cuts: Stocks could slump if this report shows inflation heating up.
star-telegram.com/news/business/article287456840.html
Key inflation report may derail interest-rate cuts
Profile picture of CNBC
10-year Treasury yield little changed after touching 2024 high: The 10-year Treasury note yield was near flat on Wednesday despite rising earlier.
cnbc.com/2024/04/03/us-treasury-yields-in-focus-as-investors-track-economic-data.html
10-year Treasury yield little changed after touching 2024 high
Profile picture of TheStreet
JP Morgan CEO Jamie Dimon delivers stark warning on inflation, economy: 'We may be entering one of the most treacherous geopolitical eras since World War II ...
thestreet.com/investing/stocks/jpmorgan-ceo-jamie-dimon-issues-stark-warning-on-inflation-and-the-economy
JP Morgan CEO Jamie Dimon delivers stark warning on inflation, economy
Quick Glance: Jamie Dimon warns of potentially prolonged high rates
  • JPMorgan chief Jamie Dimon warns in his annual letter to investors of potentially prolonged higher inflation and interest rates due to high government spending.

  • Dimon mentioned that the economy is being fueled by government deficit spending and past stimuli, which could lead to potentially stickier inflation and higher rates.

  • Financial markets have significantly reduced their expectations for the number of expected rate cuts by the US Federal Reserve, with only two quarter-point cuts planned in 2024.

  • Dimon also warns of the risks of the private credit market boom and emphasizes that regulations may increasingly focus on this market, warning of geopolitical risks due to events like Russia's invasion of Ukraine.
Profile picture of CNN.com
Fed Chair Jerome Powell signals rate cuts aren’t imminent: The Federal Reserve has been keen on paying attention to investors’ expectations on interest rates ...
cnn.com/2024/03/29/business/jerome-powell-interest-rates-federal-reserve/
Fed Chair Jerome Powell signals rate cuts aren’t imminent
Profile picture of CNN.com
Here’s why the Fed doesn’t see a US recession in coming years: America’s central bank doesn’t see any signs of a recession on the horizon. Not this year ...
cnn.com/2024/03/24/economy/stocks-week-ahead-fed-recession-coming-years/
Here’s why the Fed doesn’t see a US recession in coming years
Profile picture of Insider (news website)
Fed rate cut outlook: AI mania raising risk of no cuts in 2024: "We are absolutely in an AI bubble, and the side effect of that is that when tech stocks go up ...
markets.businessinsider.com/news/stocks/fed-rate-cuts-outlook-economy-inflation-ai-stock-market-rally-2024-3
Fed rate cut outlook: AI mania raising risk of no cuts in 2024
Profile picture of usnews.com
February Inflation Data Could Be Key to Future Path of Interest Rates: Rising gasoline prices could bring a hotter monthly number for February while the ...
usnews.com/news/economy/articles/2024-03-11/february-inflation-data-could-be-key-to-future-path-of-interest-rates
February Inflation Data Could Be Key to Future Path of Interest Rates
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.
Profile picture of Insider (news website)
Side hustles, overemployment, job-switching: Increasing your income isn't always worth it
businessinsider.com/gig-economy-overemployment-quit-job-increase-income-earnings-side-hustle-2024-3
Side hustles, overemployment, job-switching: Increasing your income isn't ...
Profile picture of Daily Maverick
Biden’s Battle Against Inflation Gets Tougher With Latest Data: A third consecutive month of higher-than-expected inflation data dealt a double-barreled blow to ...
dailymaverick.co.za/article/2024-04-10-bidens-battle-against-inflation-gets-tougher-with-latest-data/
Biden’s Battle Against Inflation Gets Tougher With Latest Data
Profile picture of Reuters
Fed's Bostic: No urgency to cut interest rates given US economy's strength: The U.S. Federal Reserve is under no urgent pressure to cut interest rates given a ...
reuters.com/markets/us/feds-bostic-no-urgency-cut-interest-rates-given-us-economys-strength-2024-03-04/
Fed's Bostic: No urgency to cut interest rates given US economy's strength
Profile picture of The Atlanta Journal-Constitution
Atlanta Fed President Bostic says inflation fight justifies risks to economy: Atlanta Fed President Raphael Bostic says "it is premature to claim victory in the ...
ajc.com/news/atlanta-news/atlanta-fed-president-bostic-says-inflation-fight-justifies-risks-to-economy/GIDHUILX3VCC7GDWSFVEBUCMNE/
Atlanta Fed President Bostic says inflation fight justifies risks to ...
Profile picture of CNBC
Fed Chair Powell testifying to House on Wednesday. What investors are expecting: Markets are intent on getting more clarity about how the central bank plans on ...
cnbc.com/2024/03/05/-what-to-watch-with-fed-chair-powell-heading-to-capitol-hill-wednesday.html
Fed Chair Powell testifying to House on Wednesday. What investors are ...
Profile picture of Reuters
Morning Bid: Risk rally on hold, bitcoin excepted: A look at the day ahead in European and global markets from Kevin Buckland
reuters.com/markets/europe/global-markets-view-europe-2024-03-05/
Morning Bid: Risk rally on hold, bitcoin excepted
Profile picture of CNBC
CNBC Daily Open: Hot inflation data but could have been worse: January' inflation came in hot and that wasn't great for the overall economic picture.  
cnbc.com/2024/03/01/cnbc-daily-open-hot-inflation-data-but-could-have-been-worse.html
CNBC Daily Open: Hot inflation data but could have been worse
Profile picture of The Atlanta Journal-Constitution
How Magic Johnson’s Atlanta business footprint is growing: Magic Johnson made his name on the basketball court with a Hall of Fame career with the NBA’s Los ...
ajc.com/news/business/magic-johnson-is-a-billionaire-his-business-empire-has-a-major-focus-in-atlanta/QYGE5CNJDZF2JBPM6KAEMZQFXQ/
How Magic Johnson’s Atlanta business footprint is growing
Profile picture of Insider (news website)
Stock market news today: Tech stocks power fresh records: Rising tech stocks took the Nasdaq index up to a record high and the S&P 500 closed above 5 ...
markets.businessinsider.com/news/stocks/stock-market-news-today-nasdaq-up-tech-rally-fed-rates-2024-3
Stock market news today: Tech stocks power fresh records
Profile picture of Reuters
Morning Bid: US tracking 3%+ growth; Apple downshifts, Kiwi surprise: A look at the day ahead in U.S. and global markets from Mike Dolan
reuters.com/markets/us/global-markets-view-usa-2024-02-28/
Morning Bid: US tracking 3%+ growth; Apple downshifts, Kiwi surprise
Profile picture of The Jakarta Post
Asian markets mixed as key US inflation data looms - Markets - The Jakarta Post: Asian markets mixed as key US inflation data looms - Markets - The Jakarta Post
thejakartapost.com/business/2024/03/25/asian-markets-mixed-as-key-us-inflation-data-looms.html
Asian markets mixed as key US inflation data looms - Markets - The Jakarta ...
Profile picture of CNBC
Fed officials expressed caution about lowering rates too quickly at last meeting, minutes show
cnbc.com/2024/02/21/fed-minutes-january-2024.html
Fed officials expressed caution about lowering rates too quickly at last ...
Profile picture of GulfToday
Global stocks edge up in jittery trade, FX shifts unsettle traders: Global shares edged up on Tuesday, partially shrugging off mixed messages from US ...
gulftoday.ae/business/2024/03/26/global-stocks-edge-up-in-jittery-trade-fx-shifts-unsettle-traders
Global stocks edge up in jittery trade, FX shifts unsettle traders
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UK's FTSE 100 slip as investors in 'wait and see' mode ahead of US inflation data
reuters.com/world/uk/uks-ftse-100-edges-lower-miners-drag-2024-03-26/
UK's FTSE 100 slip as investors in 'wait and see' mode ahead of US ...
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US markets grapple with mysterious contradictions: Something is amiss in American financial markets. U.S. stocks hit new highs last week ...
reuters.com/breakingviews/us-markets-grapple-with-mysterious-contradictions-2024-02-13/
US markets grapple with mysterious contradictions
Profile picture of Insider (news website)
Stock market news today: hot inflation print ends 5-week win streak: Even though the market recovered from Tuesday's hiccup, investor gloom has knocked stocks ...
markets.businessinsider.com/news/stocks/stock-market-news-today-sp500-inflation-data-fed-rate-cuts-2024-2
Stock market news today: hot inflation print ends 5-week win streak
Profile picture of NPR
The Federal Reserve holds interest rates steady but signals rate cuts may be coming
npr.org/2024/01/31/1227890390/federal-reserve-interest-rates-inflation-economy-recession-rate-cuts
The Federal Reserve holds interest rates steady but signals rate cuts may ...
Quick Glance: Labor Cost Data Signals Inflation Improvement
  • Recent ECI data shows significant decline in labor cost growth, indicating easing inflation and a shift in the Fed's monetary policy.

  • The Employment Cost Index (ECI), the Fed's preferred measure of labor costs, saw its smallest quarterly increase in over two years, signaling a positive change in the central bank's inflation fight.

  • ECI data for the quarter suggests a cooling of inflationary pressures within the job market, crucial for the Fed's monetary policy decisions.

  • The decline in labor cost growth supports the Fed's confidence that the current reduction in inflation is sustainable and signals a move toward more balanced labor market conditions.
Profile picture of CNN.com
Rate cuts likely won’t happen until the summer, Atlanta Fed chief says: Bumpy and slow is how a top Federal Reserve official sees inflation’s trajectory this ...
cnn.com/2024/02/12/economy/fed-bostic-rate-cuts/
Rate cuts likely won’t happen until the summer, Atlanta Fed chief says
Profile picture of Axios (website)
Murkier waters for the Fed: Data is sending mixed messages about whether continued expansion is in peril and whether inflation will continue its downward glide.
axios.com/2024/02/20/inflation-federal-reserve-data
Murkier waters for the Fed
Profile picture of New York Magazine
Is the Good Economy a Mirage?: You may be feeling better about the economy, but that might not last much longer if inflation doesn’t fall further.
nymag.com/intelligencer/article/is-the-good-economy-a-mirage.html
Is the Good Economy a Mirage?
Profile picture of DER AKTIONÄR
Vonovia: As won, so lost: Vonovia shares fall after brief recovery on Fed concerns about rapid interest rate cuts.
deraktionaer.de/artikel/aktien/vonovia-wie-gewonnen-so-zerronnen-20352149.html
Vonovia: As won, so lost
Profile picture of Fox Business
US job openings rise in December to highest level in 3 months: The number of available jobs in the U.S. rose more than expected in December ...
foxbusiness.com/economy/us-job-openings-rise-december-highest-level-3-months
US job openings rise in December to highest level in 3 months
Profile picture of Chicago Tribune
Housing affordability near record low hits Black buyers particularly hard: Black buyers must navigate a drastically different landscape than in 2020 ...
chicagotribune.com/2024/01/31/housing-affordability-near-record-low-hits-black-buyers-particularly-hard/
Housing affordability near record low hits Black buyers particularly hard
Profile picture of Barron's
GDP Growth Surged for a Strong Finish to 2023: The U.S. economy grew at a slower but solid clip as 2023 wound down, beating expectations for fourth-quarter ...
barrons.com/articles/us-economy-gdp-growth-report-today-b9df7126
GDP Growth Surged for a Strong Finish to 2023
Profile picture of Insider (news website)
Interest rate outlook: Economist slashes rate cut prediction on good economy: "Based on data in recent months, we no longer feel it is appropriate to make a mild ...
businessinsider.com/interest-rates-outlook-federal-reserve-cut-predictions-strong-economy-gdp-2024-2
Interest rate outlook: Economist slashes rate cut prediction on good ...
Profile picture of Insider (news website)
Stock market outlook: Recession could spark 40% stock plunge, market vet says: A slew of economic indicators are still in "deep recession territory ...
markets.businessinsider.com/news/stocks/stock-market-outlook-recession-economy-fed-inflation-ai-bubble-crash-2024-2
Stock market outlook: Recession could spark 40% stock plunge ...
Profile picture of koreatimes.co.kr
[CONTRIBUTION] Why rate cuts are to come later this year : In October of last year, the 10-year Treasury yield in the U.S. experienced a significant surge ...
koreatimes.co.kr/www/biz/2024/02/175_369258.html
[CONTRIBUTION] Why rate cuts are to come later this year