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Wholesale inflation just had its largest monthly drop in 2.5 years: ‘We got more Goldilocks today’
Finance
Wholesale inflation just had its largest monthly drop in 2.5 years: ‘We got more Goldilocks today’
By Will DanielNovember 15, 2023
Fed officials applaud report of slowing inflation as ‘real progress’ while cautious about its impact on interest rates: ‘We still have a way to go’
Finance
Fed officials applaud report of slowing inflation as ‘real progress’ while cautious about its impact on interest rates: ‘We still have a way to go’
By Catarina Saraiva, Steve Matthews and BloombergNovember 14, 2023
Stocks soar as Wall Street celebrates a cooler-than-expected inflation report that may signal an end to Fed rate hikes: ‘The immaculate disinflation continues’
Finance
Stocks soar as Wall Street celebrates a cooler-than-expected inflation report that may signal an end to Fed rate hikes: ‘The immaculate disinflation continues’
By Will DanielNovember 14, 2023
Former New York Fed president says U.S. finances are on a ‘unsustainable trajectory’ as debt costs rise: ‘The situation is going to get worse’
Finance
Former New York Fed president says U.S. finances are on a ‘unsustainable trajectory’ as debt costs rise: ‘The situation is going to get worse’
By Swati Pandey and BloombergNovember 13, 2023
Fed’s Michael Barr calls for strong stablecoin regulation and says ‘we haven’t made a decision’ when it comes to CBDCs
Regulators
Fed’s Michael Barr calls for strong stablecoin regulation and says ‘we haven’t made a decision’ when it comes to CBDCs
By Leo SchwartzNovember 7, 2023
Economy
Finance
U.S. economy adds 150,000 jobs in October, likely down about 30,000 on auto strikes alone
By Paul Wiseman and The Associated PressNovember 3, 2023
Jerome Powell
Finance
Jerome Powell’s Federal Reserve is still on pause when it comes to rate hikes—for now
By Christopher Rugaber and The Associated PressNovember 1, 2023
Federal Reserve Chairman Jerome Powell speaks at a meeting of the Economic Club of New York
Finance
Blockbuster economic data from last few weeks has made Fed’s rate announcement today that much harder: ‘The Fed has to talk tough’
By Christopher Rugaber and The Associated PressNovember 1, 2023
Jerome Powell
Finance
The top 10% of U.S. households are $28 trillion richer since 2020—and economists are slowly waking up to the spending revolution
By Christopher Rugaber, Anne D'Innocenzio and The Associated PressOctober 30, 2023
Woman shopping in a Target store pushing a red cart
Finance
The Fed’s favorite inflation gauge hasn’t changed in two months, indicating a long slog ahead for the economy
By Christopher Rugaber and The Associated PressOctober 27, 2023
Fed hikes still in play amid stubborn inflation and strong economy, warns Pimco’s global economic adviser
Finance
Fed hikes still in play amid stubborn inflation and strong economy, warns Pimco’s global economic adviser
By Michael Mackenzie and BloombergOctober 26, 2023
Joe Biden is taking a victory lap after the latest blowout GDP report and says the much-feared recession is canceled, but Wall Street is dubious
Finance
Joe Biden is taking a victory lap after the latest blowout GDP report and says the much-feared recession is canceled, but Wall Street is dubious
By Will DanielOctober 26, 2023
Jerome Powell at a press conference.
Finance
U.S. economy glows red hot with a 4.9% GDP reading for the third quarter
By Christopher Rugaber and The Associated PressOctober 26, 2023
Jamie Dimon, chief executive officer of JPMorgan Chase, during a Bloomberg Television interview.
Finance
JPMorgan CEO Jamie Dimon slams central banks for their ‘100% dead wrong’ forecasts and ‘omnipotent feeling’
By Chloe TaylorOctober 24, 2023
Bill Gross, co-founder of Pacific Investment Management Co
Finance
‘Bond King’ Bill Gross says it’s time to stop betting against bonds and get ready for a economic slowdown: ‘Recession in 4th quarter’
By Eleanor PringleOctober 24, 2023
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