Commentary: Markets in for rude awakening as US Fed scrambles to control inflation
The US Federal Reserve has turned on a dime, an uncharacteristic about-face for an institution long noted for slow and …
Market & Economy
Fed signals first US rate hike since pandemic coming in March
Federal Reserve Chair Jerome Powell on Wednesday (Jan 26) gave a clear signal the central bank is ready to raise …
Bigger spend needed for net-zero world than assumed: McKinsey
The extra amount the world must spend each year to create a “net-zero” emissions economy is equivalent to half all …
3 Events Dominate The Week Ahead And The FOMC Meeting May Not Be The Most Important
The collapse of December US retail sales (-1.9%) and the unexpected drop in industrial output give the world’s largest economy …
Markets are expected to remain on edge as the Fed meets in the week ahead
Market turbulence is likely to continue in the week ahead as the Federal Reserve meets and the biggest of big …
The End of the Pandemic Boom Is Nigh
Much of what made investors rich during the pandemic is crumbling. The value of Netflix dropped by $45 billion in …
Fed’s Harker calls for ‘action on inflation,’ sees 3 or 4 rate hikes likely this year
Philadelphia Fed President Patrick Harker said Thursday he foresees three or four interest rate hikes this year as likely to …
Inflation-fighting rate hikes could increase rich-poor divide
Central banks’ interest rate hikes aimed at combating inflation could exacerbate a deepening, “dangerous divergence” between advanced and […] Read …
GDP numbers show economy back at pre-COVID size but deep pain in lower rungs
The first advance estimates of GDP, always announced three weeks before the Budget, are an important first step in the …
Top 5 Things to Watch in Markets in the Week Ahead
The coming week will bring closely followed inflation figures, while Federal Reserve Chair Jerome Powell and Vice Chair Lael Brainard …
A Stanford Economist Who Studies Remote Work Says Half of All Workers Will Make This Big Change In 2022
Economists who study remote work and productivity used to have a big problem: finding groups of workers to study . …
Happy new year? Five economic flashpoints to beware in 2022
After the turmoil of the past two years, the consensus among economic pundits is that 2022 will be calmer. But …
Stocks may be entering an optimal period in the Thanksgiving holiday week
If history is a guide, the market should do well in the upcoming Thanksgiving holiday week. The S&P 500 was …
Week Ahead: Retail Data, Sector Earnings In Focus; Dollar, Gold Rising In Unison
After consumer spending plunged, retail sales will be monitored to determine inflationary impacts Stocks and Treasuries sell-off together, gold and …
Dow Jones Futures: Market Rally Hits High On Fed Decision, But This Risk Returns
Dow Jones futures were little changed late Wednesday, while S&P 500 futures and Nasdaq futures rose slightly. The stock market …