How do we know when a recession has begun? Looks for these signs The economy shrank in the first half of this year, underscoring fears of a broad-based slowdown that could lead to a recession The Independent UK · Sep 29, 2022
OLD EXPLAINER: How do we know when a recession has begun? The economy shrank in the first half of this year, underscoring fears of a broad-based slowdown that could lead to a recession The Independent UK · Sep 29, 2022
Surprise! Jobless Claims Fall To Lowest Levels Since April: What You Need To Know Now U.S. initial jobless claims unexpectedly fell last week to the lowest levels since April, signaling the labor market remains resilient despite continued rate hikes from the Federal Reserve. Benzinga · Sep 29, 2022
Peak oil has finally arrived. No, Really I’ve rarely felt more trepidation about writing a column than this one. But here goes: After more than a century of almost continual growth, the world’s appetite for oil is peaking, and will soon enter terminal decline. Tribune News Service · Sep 29, 2022
Memories of the 1970s haunt the Fed, pushing its aggressive rate moves The Federal Reserve is cracking down hard on inflation, in hopes of avoiding a repeat of the 1970s, when price hikes were so sustained, they got baked in to people's thinking. WEKU · Sep 29, 2022
Financial markets are a mess around the world. Fingers are pointing at the Fed Customarily, the Fed and other central banks do as much as they can to keep markets calm. This time they're the reason behind the volatility. WEKU · Sep 29, 2022
Is a global recession coming? More experts are raising the alarm Figures including the head of World Trade Organization and Paul Krugman are expressing concern about economic outlook. Al Jazeera · Sep 29, 2022
Bitcoin, Ethereum, Dogecoin Slip: Analyst Says Apex Crypto's Stabilization 'A Welcome Sign' Despite Lack Of Catalyst The two largest coins were in the red Tuesday evening, as the global cryptocurrency market cap slipped 0.6% to $933 billion at 8:12 p.m. EDT. Benzinga · Sep 28, 2022
Fed's Powell urges broader regulation for stablecoins Federal Reserve Chair Jerome Powell said that stablecoins will need greater regulation as they become more widely used by consumers The Independent UK · Sep 27, 2022
Cathie Wood Says Powell's 'Sledgehammer' To 'Slay' Inflation Way More Powerful Than Volcker's In 1980s: 'Fed Could Undermine Its Legacy' Cathie Wood, the founder of ARK Investment Management, has said the current U.S. monetary policy is significantly more restrictive than in the 1980s when, to kill inflation, former Federal Reserve Chair Paul Volcker had pushed the Fed funds rate up two-fold from 10% to 20%. Benzinga · Sep 27, 2022
Michael Hiltzik: Painful signs emerge that Fed is moving too far, too fast with aggressive rate increases We have a term for the intentional infliction of pain on others: cruelty. So what are we to make of the Federal Reserve Board? Los Angeles Times · Sep 26, 2022
How The FOMC Announcement Affected The Major REITS Investors sold off shares in major real estate investment trusts (REITs) sold off after Federal Reserve Chairman Jerome Powell announced Wednesday that benchmark interest rates would go up by 0.75% to 3% and 3.25%. Benzinga · Sep 23, 2022
Stock markets drop as Wall Street takes a gloomy view of the economy The Dow dropped more than 450 points to close at the lowest level since November 2020. WEKU · Sep 23, 2022
Jonathan Levin: Fed splits the difference on labor market pain The Federal Reserve is inching toward acknowledging how painful its inflation fight is likely to be, but it’s still a lot closer to the optimists than the pessimists. Tribune News Service · Sep 23, 2022
Bangkok Post · Sep 22, 2022 Asian bourses slip after Fed hike Many Asian stock exchanges deepened their losses on Thursday as currencies tanked after the US Federal Reserve delivered a third consecutive 75-basis-point interest rate cut overnight and signalled more to come through next year, sparking fears of recession.
StockNews.com · Sep 22, 2022 2 Stocks You Should Take off Your Watchlist This Fall The central bank has dished out another 75 basis-point rate hike in its efforts to tame the decades-high inflation. With a recession expected to hit the economy soon, fundamentally weak stocks Snap (SNAP) and Palantir Technologies (PLTR) might be best avoided. Read on….
Axios · Sep 22, 2022 The Fed says this is going to hurt, but it matters who feels the pain Higher unemployment could be on the way, the central bank suggests.
The Independent UK · Sep 22, 2022 More Americans apply for jobless aid The number of Americans filing for jobless benefits rose slightly last week despite the Federal Reserve’s year-long battle against inflation that’s intended to cool the economy and the tight labor market
Bangkok Post · Sep 22, 2022 Crude oil prices fall amid recession concerns PTT reveals Q3 oil analysis
Tribune News Service · Sep 22, 2022 Commentary: The Fed’s monetary malpractice will cost you The goal of the latest interest rate hike from the Federal Reserve? To avoid a deep recession “by acting with resolve now,” according to Fed Chairman Jerome Powell. But if history is any guide, this is a case of too little, too late.
The Guardian - UK · Sep 22, 2022 Bank of England says UK in recession as it raises interest rates to 14-year high of 2.25% – business live UK central bank predicts economy shrank for second quarter in a row, after shops closed and many stayed at home for Queen Elizabeth II’s state funeral
The Independent UK · Sep 22, 2022 Asia stocks follow Wall Street down as Fed fights inflation Asian stock markets have followed Wall Street lower after the Federal Reserve delivered another big interest rate hike and raised its outlook for more to cool galloping inflation
The Independent UK · Sep 22, 2022 Powell's stark message: Inflation fight may cause recession The Federal Reserve delivered its bluntest reckoning Wednesday of what it will take to finally tame painfully high inflation: Slower growth, higher unemployment and potentially a recession
Salon · Sep 21, 2022 Fed hikes interest rates for third time According to business analysts, the Fed hasn't made a move against inflation quite this aggressive since the 1980s
Al Jazeera · Sep 21, 2022 US Fed hikes interest rate to highest level since 2008 Announcement sparks concern that fight to contain sky-high US inflation could tip the economy into a recession.