Stocks Climb in Asia as Traders Downplay Hot CPI: Markets Wrap
(Bloomberg) — Shares rose in Asia, sidestepping losses on Wall Street following hotter-than-expected core inflation that heightened the focus on…
Chinese Stocks Lead Asia Lower on Stimulus Concern: Markets Wrap
(Bloomberg) — Mainland Chinese equities led losses in the region on Wednesday after weak economic data and as Beijing refused…
El-Erian Warns Fed After Jobs Data: ‘Inflation Is Not Dead’
(Bloomberg) — Mohamed El-Erian says the Federal Reserve needs to renew its focus on its fight against rising prices after…
Trump, Harris inflation arguments are questionable, Chicago Fed president says
Chicago Federal Reserve President Austan Goolsbee on Sunday warned against misrepresenting the inflationary impacts of corporate price hikes and tariffs,…
The market thinks the Fed is going to start cutting rates aggressively. Investors could be in for a letdown
Markets seem to have taken this week’s positive economic data as the all-clear signal for the Federal Reserve to start…
Chicago Fed President Goolsbee says recent reports show inflation is moving in the right direction
The latest batch of economic data shows positive developments on the inflation front, but the Federal Reserve’s job is not…
Wall Street is wrong: Former Pimco chief economist Paul McCulley predicts rate hikes will end next month
Wall Street is wrong about the Federal Reserve’s interest rate path, according to former Pimco chief economist Paul McCulley. Barring…
