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Inflation frustration may prompt Fed to dial back rate-cut outlook: U.S. central bankers are not expected to cut borrowing costs this week, but their new ...
reuters.com/markets/us/inflation-frustration-may-prompt-fed-dial-back-rate-cut-outlook-2024-03-18/
Inflation frustration may prompt Fed to dial back rate-cut outlook
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Fed to provide fresh clues on US rate cuts | kuwaittimes: Fed to provide fresh clues on US rate cuts - Business - WASHINGTON: The US Federal Reserve is widely ...
kuwaittimes.com/article/12164/business/fed-to-provide-fresh-clues-on-us-rate-cuts/
Fed to provide fresh clues on US rate cuts | kuwaittimes
Profile picture of Daily Sabah
Fed to provide clues on rates path after inflation uptick: The U.S. Federal Reserve (Fed) is widely expected to maintain its key lending rate steady again on ...
dailysabah.com/business/economy/fed-to-provide-clues-on-rates-path-after-inflation-uptick
Fed to provide clues on rates path after inflation uptick
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Profile picture of Reuters
Inflation frustration may prompt Fed to dial back rate-cut outlook: U.S. central bankers are not expected to cut borrowing costs this week, but their new ...
reuters.com/markets/us/inflation-frustration-may-prompt-fed-dial-back-rate-cut-outlook-2024-03-18/
Inflation frustration may prompt Fed to dial back rate-cut outlook
Profile picture of kuwaittimes
Fed to provide fresh clues on US rate cuts | kuwaittimes: Fed to provide fresh clues on US rate cuts - Business - WASHINGTON: The US Federal Reserve is widely ...
kuwaittimes.com/article/12164/business/fed-to-provide-fresh-clues-on-us-rate-cuts/
Fed to provide fresh clues on US rate cuts | kuwaittimes
Profile picture of Daily Sabah
Fed to provide clues on rates path after inflation uptick: The U.S. Federal Reserve (Fed) is widely expected to maintain its key lending rate steady again on ...
dailysabah.com/business/economy/fed-to-provide-clues-on-rates-path-after-inflation-uptick
Fed to provide clues on rates path after inflation uptick
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US Fed to provide fresh clues on rate cuts after uptick in inflation: WASHINGTON: The US Federal Reserve is widely expected to keep its key lending rate ...
channelnewsasia.com/business/us-fed-fresh-clues-interest-rate-cuts-uptick-inflation-us-4201041
US Fed to provide fresh clues on rate cuts after uptick in inflation
Profile picture of The Atlantic
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/
The 3.5 Percent Inflation Plateau
Profile picture of CNBC
GDP growth slowed to a 1.6% rate in the first quarter, well below expectations: Real GDP was expected to increase 2.4% in the first quarter on a seasonally ...
cnbc.com/2024/04/25/gdp-q1-2024-increased-at-a-1point6percent-rate.html
GDP growth slowed to a 1.6% rate in the first quarter, well below ...
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 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?
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Why beating inflation is turning out to be as hard as losing weight: Annual inflation proved to be hotter than expected last month, staying stubbornly above 3% ...
npr.org/2024/04/10/1243833081/inflation-consumer-prices-gas-groceries-rent-insurance-economy
Why beating inflation is turning out to be as hard as losing weight
Profile picture of Axios (website)
Biden's bad news on inflation: Inflation is rearing its ugly head again and it's a nightmare for Biden on several fronts.
axios.com/2024/04/10/cpi-inflation-report-biden-march
Biden's bad news on inflation
Profile picture of Reuters
US job growth beats expectations in March; wages increase steadily: U.S. job growth blew past expectations in March and wages increased at a steady clip ...
reuters.com/markets/us/us-job-growth-beats-expectations-march-wages-increase-steadily-2024-04-05/
US job growth beats expectations in March; wages increase steadily
Quick Glance: US economy adds impressive 303,000 jobs last month
  • Employers added 303,000 jobs in March, bringing the unemployment rate down to 3.8%.

  • US stock futures rose slightly on Friday morning, but markets have had a rough week.

  • The S&P 500 companies are expected to report positive first-quarter earnings, fueling optimism in the market.

  • Investors are hopeful for a strong earnings season to continue the stock rally amidst concerns about inflation and interest rates.
Profile picture of CNBC
Fed Chair Powell says there has been a 'lack of further progress' this year on inflation
cnbc.com/2024/04/16/powell-cites-lack-of-progress-this-year-in-reaching-feds-inflation-goal.html
Fed Chair Powell says there has been a 'lack of further progress' this ...
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Confounding US economic, inflation data cloud Fed's rate path: The Federal Reserve's latest financial stability report was good news for anyone worried that a ...
reuters.com/markets/us/confounding-us-economic-inflation-data-muddy-feds-rate-path-2024-04-25/
Confounding US economic, inflation data cloud Fed's rate path
Profile picture of CNBC
Watch Fed Chair Powell speak live during a policy forum in Washington: Fed Chair Jerome Powell speaks to the Wilson Center's Washington Forum on the Canadian ...
cnbc.com/2024/04/16/watch-fed-chair-powell-speak-live-during-a-policy-forum-in-washington.html
Watch Fed Chair Powell speak live during a policy forum in Washington
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Why gold prices are at record highs: From central banks to Costco customers, it seems everyone is buying gold these days.
cnn.com/2024/04/09/economy/gold-prices-record-highs/
Why gold prices are at record highs
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
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Reserve Bank set to update interest rate outlook as oil prices spike: Business & Investing: The price of a barrel of oil surged above US$90 a barrel for the ...
newsroom.co.nz/2024/04/08/reserve-bank-set-to-update-interest-rate-outlook-as-oil-prices-spike/
Reserve Bank set to update interest rate outlook as oil prices spike
Profile picture of Reuters
Take Five: Fed straight ahead: A U.S. Federal Reserve meeting and Apple and Amazon reporting results will keep investors' focus in the days ahead on the global ...
reuters.com/business/take-five/global-markets-themes-graphic-2024-04-26/
Take Five: Fed straight ahead
Profile picture of Investor's Business Daily
Key Fed Inflation Data Keeps June Rate Cut In Play: Federal Reserve chair Jerome Powell may offer his take later this morning for updated core PCE inflation data ...
investors.com/news/economy/federal-reserve-inflation-rate-feb-chair-jerome-powell/
Key Fed Inflation Data Keeps June Rate Cut In Play
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 Sky News
Concern for Bank of England as real earnings growth at highest rate since 2021: While the wage figures are good news for households on the face of it ...
news.sky.com/story/real-earnings-growth-at-its-highest-rate-in-nearly-two-and-a-half-years-13116319
Concern for Bank of England as real earnings growth at highest rate since ...
Quick Glance: Rising Real Earnings Growth Raises Concerns at Bank of England
  • An unexpectedly weaker decline in the pace of wage increases has led to real earnings growth reaching its highest level in nearly two and a half years when considering inflation, according to the latest official data.

  • Recent official figures indicate that average regular pay without bonuses was at 6% in the three months to February compared to the previous year.

  • The broader ONS statistics revealed an increase in the UK's unemployment rate from 3.9% to 4.2%, with caution due to ongoing efforts to enhance the reliability of employment data.

  • The forthcoming inflation data expected on Wednesday is likely to demonstrate further progress towards the Bank's objectives and the potential for a decrease from the current 5.25% interest rate.
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 CNBC
Why the Fed keeping rates higher for longer may not be such a bad thing: It's a tough case to sell that higher interest rates today are having a substantially ...
cnbc.com/2024/04/24/why-the-fed-keeping-rates-higher-for-longer-may-not-be-such-a-bad-thing.html
Why the Fed keeping rates higher for longer may not be such a bad thing
Profile picture of Reuters
Gulf bourses drop; Egypt extends decline: Stock markets in the Gulf fell on Sunday, led by the Saudi index, after the U.S. Federal Reserve Chair Powell indicated ...
reuters.com/world/middle-east/gulf-bourses-drop-egypt-extends-decline-2024-03-31/
Gulf bourses drop; Egypt extends decline
Profile picture of CNBC
Don't sweat the prospect of no Fed rate cuts, economist says — markets will still march higher
cnbc.com/2024/03/28/dont-sweat-the-prospect-of-no-fed-rate-cuts-economist-says.html
Don't sweat the prospect of no Fed rate cuts, economist says — markets ...
Profile picture of Quartz
Mortgage rates are rising again as inflation fears mount: The average rate on the 30-year fixed mortgage hit a 2024 high this week
qz.com/mortgage-rates-inflation-interest-federal-reserve-1851421885
Mortgage rates are rising again as inflation fears mount
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 Forbes
No Change In Interest Rates Expected At Fed’s May Meeting: The FOMC will set interest rates again on May 1. Rates are not expected to change ...
forbes.com/sites/simonmoore/2024/03/26/no-change-in-interest-rates-expected-at-feds-may-meeting/
No Change In Interest Rates Expected At Fed’s May Meeting
Profile picture of Reuters
Explainer: Charting the Fed's economic data flow: The U.S. Federal Reserve held its benchmark overnight interest rate steady in the 5.25%-5 ...
reuters.com/markets/us/charting-feds-economic-data-flow-2024-04-05/
Explainer: Charting the Fed's economic data flow
Profile picture of Axios (website)
How tight labor markets fuel a productivity surge: Scarce workers give companies extra incentive toward efficiency.
axios.com/2024/04/24/labor-market-worker-productivity-fed-economy
How tight labor markets fuel a productivity surge
Profile picture of Daily Maverick
Stocks Hit as GDP Brings ‘Worst of Both Worlds’: Markets Wrap: Wall Street was rattled by data that showed exactly what stock traders did not want to hear: a ...
dailymaverick.co.za/article/2024-04-25-stocks-hit-as-gdp-brings-worst-of-both-worlds-markets-wrap/
Stocks Hit as GDP Brings ‘Worst of Both Worlds’: Markets Wrap
Profile picture of Bloomberg
US Economy Has 'Expanded Slightly' Since Late February, Fed Beige Book Says
bloomberg.com/news/articles/2024-04-17/us-economy-expands-slightly-inflation-modest-fed-beige-book
US Economy Has 'Expanded Slightly' Since Late February ...
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Four hurdles for bank buyers to clear: As recently as a few months ago, many observers predicted a surge of bank mergers this year. But longtime obstacles to ...
americanbanker.com/list/four-hurdles-for-bank-buyers-to-clear
Four hurdles for bank buyers to clear
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Latest UK inflation fall matches Bank of England expectations, Bailey says: British inflation is broadly declining in line with the Bank of England's forecasts ...
reuters.com/world/uk/boes-bailey-says-latest-inflation-fall-line-with-forecasts-2024-04-17/
Latest UK inflation fall matches Bank of England expectations, Bailey says
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Why Joe Biden Really, Really Wants Lower Interest Rates: If Jerome Powell would lower interest rates — and therefore make housing and much of everything else ...
nymag.com/intelligencer/article/why-joe-biden-really-really-wants-lower-interest-rates.html
Why Joe Biden Really, Really Wants Lower Interest Rates
Profile picture of Quartz
Mortgage rates are rising again as inflation fears mount: The average rate on the 30-year fixed mortgage hit a 2024 high this week
qz.com/mortgage-rates-inflation-interest-federal-reserve-1851421885
Mortgage rates are rising again as inflation fears mount
Profile picture of The Age
All eyes on inflation as unemployment edges up: The jobs market remains tight despite continued cost-of-living pressures and lacklustre consumer spending - which ...
theage.com.au/politics/federal/all-eyes-on-inflation-as-unemployment-edges-up-20240418-p5fkpw.html
All eyes on inflation as unemployment edges up
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 ...
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After the Bell: The two important questions facing SA’s economy: What will it take to get the economic growth rate moving again? How many times do we have to ask ...
dailymaverick.co.za/article/2024-04-17-bm-tim-atb-2questions/
After the Bell: The two important questions facing SA’s economy
Profile picture of The Globe and Mail
Volatility uncorked as U.S. solo surge unleashes dollar: An almost eerie period of low financial market volatility appears to be ending
theglobeandmail.com/investing/article-volatility-uncorked-as-us-solo-surge-unleashes-dollar/
Volatility uncorked as U.S. solo surge unleashes dollar
Profile picture of MarketWatch
Fed’s Williams sees inflation falling ‘closer’ to 2% target by next year: If economy performs as expected, rate cuts can start this year, New York Fed president ...
marketwatch.com/story/feds-williams-sees-inflation-falling-to-2-despite-recent-bumps-3eb11a41
Fed’s Williams sees inflation falling ‘closer’ to 2% target by next year
Profile picture of Fortune (magazine)
U.S. GDP growth isn’t cooling off after all—expect more jobs, more inflation, and fewer rate cuts, Wells Fargo says
fortune.com/2024/04/15/economy-outlook-2024-no-landing-more-inflation-growth-fewer-rate-cuts-wells-fargo/
U.S. GDP growth isn’t cooling off after all—expect more jobs ...
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Bernanke Review: How the former Fed boss could shake up the Bank of England: The Bank of England will on Friday publish a long-awaited review by former Federal ...
cnbc.com/2024/04/10/bernanke-review-how-the-former-fed-boss-could-shake-up-the-bank-of-england.html
Bernanke Review: How the former Fed boss could shake up the Bank of ...
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Easing inflation paves way for softer monetary policy in the Eurozone: As inflation in the Eurozone decelerates to a more manageable rate of 2.4% in March 2023 ...
helsinkitimes.fi/world-int/25123-easing-inflation-paves-way-for-softer-monetary-policy-in-the-eurozone.html
Easing inflation paves way for softer monetary policy in the Eurozone
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Iran-Israel explosion blows Asia’s Fed hopes asunder: Anyone laughing at Lawrence Summers for predicting that the US Federal Reserve’s next move may be a ...
asiatimes.com/2024/04/iran-israel-explosion-blows-asias-fed-hopes-asunder/
Iran-Israel explosion blows Asia’s Fed hopes asunder
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Baltimore’s economy has been humming. Then a bridge collapsed: The tragic collapse of the Francis Scott Key Bridge last week claiming the lives of construction ...
cnn.com/2024/04/02/economy/baltimores-regional-economy-francis-scott-key-bridge/
Baltimore’s economy has been humming. Then a bridge collapsed
Profile picture of Asia Times
The long wait for lower US interest rates: Attention farmers and other business borrowers: Interest rates are going to stay higher longer than expected just a ...
asiatimes.com/2024/04/the-long-wait-for-lower-us-interest-rates/
The long wait for lower US interest rates
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'Misery index' can predict White House wins — but it may be broken: Inflation has cooled and the unemployment rate has stayed low, but it seems plenty of people ...
businessinsider.com/misery-index-economy-inflation-unemployment-joe-biden-donald-trump-election-2024-4
'Misery index' can predict White House wins — but it may be broken
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Morning Bid: Commodity prices irk inflation view: A look at the day ahead in U.S. and global markets from Mike Dolan
reuters.com/markets/us/global-markets-view-usa-2024-04-09/
Morning Bid: Commodity prices irk inflation view
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Tom Saler: Experts were wrong about the U.S. economy falling into recession. Here's why.
jsonline.com/story/money/business/2024/04/11/tom-saler-experts-predicted-a-recession-heres-why-they-were-wrong/73148992007/
Tom Saler: Experts were wrong about the U.S. economy falling into ...
Profile picture of Newsroom (website)
The economy in (10) pics: New Zealand's rolling recession continues however there is some light on the horizon with forecasted OCR cuts from November
newsroom.co.nz/2024/04/09/the-economy-in-10-pics/
The economy in (10) pics
Profile picture of MarketWatch
Economist who predicted no 2024 rate cuts blames Fed for inflation resurgence: Trillions of dollars in newly created household wealth has kept inflation elevated ...
marketwatch.com/story/economist-who-predicted-no-2024-interest-rate-cuts-blames-fed-for-inflation-resurgence-52debc35
Economist who predicted no 2024 rate cuts blames Fed for inflation ...
Profile picture of The Globe and Mail
As the Bank of Canada resists rate cuts, is it falling behind the curve again?: The Bank of Canada once again held its policy rate at 5 per cent in Wednesday’s ...
theglobeandmail.com/business/commentary/article-as-the-bank-of-canada-resists-rate-cuts-is-it-falling-behind-the-curve/
As the Bank of Canada resists rate cuts, is it falling behind the curve ...
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What You Need to Know About the Labor Market: More than 300,000 jobs were added in March. Here’s what you need to know.
usnews.com/news/economy/articles/2024-04-09/what-you-need-to-know-about-the-labor-market
What You Need to Know About the Labor Market
Profile picture of Chicago Tribune
Chicago Fed president still sees inflation on ‘golden path’ to 2%, but housing costs need to come down before rates cut
chicagotribune.com/2024/04/04/chicago-fed-president-austan-goolsbee-inflation-rate-cuts/
Chicago Fed president still sees inflation on ‘golden path’ to 2% ...
Profile picture of MarketWatch
Stock-market rally faces key test: Will hot inflation data kill rate-cut hopes?: Can the stock market rally continue if rate cuts no longer appear imminent? ...
marketwatch.com/story/stock-market-rally-faces-key-test-will-hot-inflation-data-kill-rate-cut-hopes-5438f33a
Stock-market rally faces key test: Will hot inflation data kill rate-cut ...