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…
Fed gave no indication of possible rate cuts at last meeting, minutes show
Federal Reserve officials at their most recent meeting expressed little appetite for cutting interest rates anytime soon, particularly as inflation…
Geopolitical instability and a packed election calendar have strategists wary of 2024
Geopolitical risks will be the key threat to the economic outlook for 2024, as large-scale wars converge with a slew…
Former St. Louis Fed president says the FOMC still has ‘a ways to go’ on inflation
Former St. Louis Fed President Jim Bullard says the Federal Reserve still has “a ways to go” in fighting inflation…
Powell says Fed is ‘not confident’ it has done enough to bring inflation down
Federal Reserve Chairman Jerome Powell said Thursday that he and his fellow policymakers are encouraged by the slowing pace of…
Watch Fed Chair Jerome Powell speak live to an IMF panel on monetary policy
[The stream is slated to start at 2 p.m. ET. Please refresh the page if you do not see a…
Central banks look to have hit peak rates. Here’s how markets think they’ll come down
The world’s major central banks paused their interest rate hiking cycles in recent weeks and with data suggesting economies are…
Bank of England governor says Israel-Hamas conflict poses risks to inflation fight
Bank of England Governor Andrew Bailey said Thursday that the ongoing Israel-Hamas war poses a potential risk to the bank’s efforts to…
Fed holds rates steady, upgrades assessment of economic growth
The Federal Reserve on Wednesday again held benchmark interest rates steady amid a backdrop of a growing economy and labor…
Credit Suisse intervention avoided ‘financial crisis,’ Swiss National Bank chairman says
Swiss National Bank Chairman Thomas Jordan on Wednesday said the central bank’s interventions during the fall of Credit Suisse were…
