April CPI Report: What the Experts Are Saying About Inflation A lower-than-expected CPI report helps the case for the Fed to pause in its campaign of rate hikes. Kiplinger · May 10, 2023
Americans likely saw little relief from inflation in April After steadily declining for nearly a year, consumer price data to be released Wednesday will likely show that U.S. inflation remained stubbornly high in April, a sign that it might be entering a newer, stickier phase The Independent UK · May 10, 2023
America is drunk on credit–and polarized politics complicate the Fed’s unenviable challenge of ending easy money If the economy tanks in the months ahead, Powell will get the blame. If we avoid a recession, the politicians will claim credit. Fortune · May 9, 2023
Biden hopes strong job market means soft landing for economy For President Joe Biden, the past few days have raised hopes that the U.S. economy can stick a soft landing—possibly avoiding a recession as the 2024 election nears The Independent UK · May 6, 2023
April Jobs Report Tops Expectations: What the Experts Are Saying The jobs report revealed stronger-than-expected payrolls growth and a drop in the unemployment rate. Kiplinger · May 5, 2023
US employers added 253,000 jobs in April showing jobs market remains robust April broke downward trend in growth of labor market, which has been slowing over the last few months The Guardian - US · May 5, 2023
April jobs report may point to US labor market's resilience Month after month, the nation’s job market has stood its ground against howling headwinds — rising interest rates, chronic inflation, major bank failures and economic uncertainties across the world The Independent UK · May 5, 2023
Shares of smaller lenders sink once again, reviving fears about the banking sector PacWest and Western Alliance were among the smaller lenders that saw shares tumble even as the banks sought to reassure their customers and investors.. WEKU · May 4, 2023
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Stocks Set to Open Lower as Investors Weigh Fed Rate Decision, Apple Earnings on Tap June S&P 500 futures (ESM23) are down -0.36%, and June Nasdaq 100 E-Mini futures (NQM23) are down -0.03% this morning after three major U.S. benchmark indices ended the regular session in the red as market participants digested Federal Reserve Chair Jerome Powell’s comments following the central bank’s widely expected 25… Barchart · May 4, 2023
Stocks Set to Open Mixed as Investors Weigh Fed Rate Decision, Apple Earnings on Tap June S&P 500 futures (ESM23) are down -0.04%, and June Nasdaq 100 E-Mini futures (NQM23) are up +0.20% this morning after three major U.S. benchmark indices ended the regular session in the red as market participants digested Federal Reserve Chair Jerome Powell’s comments following the central bank’s widely expected 25… Barchart · May 4, 2023
Trading halted in shares of two more US lenders as fears of banking crisis mount Regulators step in after PacWest and Western Alliance shares plunge as investors fear repeat of First Republic, SVB and Signature failures The Guardian - UK · May 4, 2023
Stocks Set to Open Mixed as Investors Weigh Fed Comments and Economic Outlook, Apple Earnings on Tap June S&P 500 futures (ESM23) are down -0.04%, and June Nasdaq 100 E-Mini futures (NQM23) are up +0.20% this morning after three major U.S. benchmark indices ended the regular session in the red as market participants digested Federal Reserve Chair Jerome Powell’s comments following the central bank’s widely expected 25… Barchart · May 4, 2023
Businessweek · May 4, 2023 Corporate Earnings Show Consumer Companies Have Pricing Power Higher interest rates haven’t stopped shoppers from spending, in a worrying sign for inflation.
Bangkok Post · May 4, 2023 Asian stocks shrug off latest Fed hike Asian stocks and US futures edged higher on Thursday as investors brushed aside US Federal Reserve comments that interest rates won’t fall this year and instead looked ahead to eventual policy easing.
The Independent UK · May 4, 2023 Stock market today: Asian markets higher after US rate hike Asian stock markets are mostly higher after the Federal Reserve raised its benchmark lending rate again to cool inflation and said it isn’t sure what may come next
The Times of India · May 4, 2023 Federal Reserve can’t protect US economy from debt default: Jerome Powell WASHINGTON: Federal Reserve Chair Jerome Powell said the failure to raise the US government debt limit would be unprecedented and have highly uncertain and negative effects on the economy.
ABC News · May 3, 2023 Markets as it happened: ASX closes down as US Federal Reserve raises interest rates Australian shares closed down weighed down by bank stocks. NAB reports cash profit jump of 17 per cent but its shares slumped as the result was below market expectations.The US Federal Reserve raised interest rates by another 0.25 of a percentage point. Keep up with market events and insights from…
The New Daily · May 3, 2023 US central bank lifts rates to highest in 16 years The Federal Reserve has raised interest rates by a quarter of a percentage point and signalled it may pause further increases.
Kiplinger · May 3, 2023 Fed Lifts Interest Rates Yet Again: What the Experts Are Saying Although the Fed raised interest rates for a 10th consecutive meeting, it finally opened the door to a pause in its tightening campaign.
WEKU · May 3, 2023 The Fed raises interest rates again in what could be its final attack on inflation The Federal Reserve raised interest rates by a quarter percentage point Wednesday in an effort to curb persistent inflation. It was the tenth rate hike in 14 months, and possibly the last for a while.
Bangkok Post · May 3, 2023 Fed likely to hike rates again as bank fears resurface WASHINGTON: The US Federal Reserve is widely expected to raise its benchmark lending rate for a 10th — and possibly final — time on Wednesday, as it aims to bring down inflation while preventing fresh banking concerns from spreading.
Bangkok Post · May 1, 2023 SVB's collapse shows Fed failure to supervise banks The aftershocks of the collapse of Silicon Valley Bank (SVB), while seemingly fading, are still reverberating around the world. Although Federal Reserve officials have taken pains to assure the public that the US banking system is sound, it is unclear why anyone should believe them. After all, Fed Chair Jerome…
The Independent UK · May 1, 2023 Fed is set to raise rates yet again. After that, then what? The Federal Reserve is on track to raise its benchmark interest rate for the 10th time Wednesday, the latest step in its yearlong effort to curb inflation with the fastest pace of hikes in four decades