Fed’s favorite gauge shows inflation rose 0.2% in October and 3.5% from a year ago, as expected
Inflation as measured by personal spending increased in line with expectations in October, possibly giving the Federal Reserve more incentive…
What one Swiss bank’s troubles can tell us about market vulnerabilities — and social media
The share price of Julius Baer plummeted after the Swiss private bank disclosed 606 million Swiss francs ($692.7 million) of…
Here’s what it would take for the Fed to start slashing interest rates in 2024
Interest rate cuts don’t happen during good times, something important for markets to remember amid hotly anticipated easing next year…
Fed’s Barkin says rate hikes are still on the table if inflation doesn’t continue to ease
Richmond Federal Reserve President Thomas Barkin said Wednesday that policymakers need to retain the option of raising interest rates if…
U.S. GDP grew at a 5.2% rate in the third quarter, even stronger than first indicated
The U.S. economy grew at an even stronger pace then previously indicated in the third quarter, the product of better-than-expected…
Market vulnerabilities and a possible U.S. recession: Strategists give their cautious predictions for 2024
With central banks having hiked interest rates at breakneck speed and those rates likely to stay higher for longer while…
Former Trump advisor says the U.S. economy is ‘back to normal,’ but markets may be jumping the gun on rate cuts
The U.S. economy is “back to normal” for the first time in two decades, but the market is getting ahead…
Fed’s Waller expresses confidence that policy is in the right place to bring down inflation
Federal Reserve Governor Christopher Waller said Tuesday he’s growing more confident that policy is in a place now to bring…
‘Stop the price gouging’: Biden hits corporations over high consumer costs
President Joe Biden took aim at corporations Monday for charging prices he said were artificially high even though the rate…
Wells Fargo unveils 2024 target, warns of ‘really, really sloppy’ first half for stocks
Wells Fargo Securities is officially out with its 2024 stock market forecast. Chris Harvey, the firm’s head of equity strategy,…
