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After Jerome Powell Hinted That Rate Cut Is Round The Corner, Investors Caution Soft Landing 'Risks Are Two-Sided'
Thursday, August 1, 2024 - 3:53am | 662The U.S. Federal Reserve’s impending rate cuts have investors questioning the potential impact on the economy. The primary concern is whether the Fed can achieve a smooth economic transition without stalling growth or reigniting inflation. What Happened: Investors are evaluating the Federal...
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Jerome Powell Gets 'Way Too Much Credit' For Growing US Economy, Says Expert: Here's Why
Wednesday, July 31, 2024 - 9:42am | 606Barry Sternlicht, the CEO of Starwood Capital, recently expressed skepticism about the role of Federal Reserve Chair Jerome Powell in the robust U.S. economy. What Happened: Sternlicht, during Tuesday’s episode on CNBC’s Squawk Box voiced his opinion about the Fed chair and the...
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'Markets Are Sounding An Alarm:' Peter Schiff Warns Federal Reserve Should Cut Rates Before Recession Hits
Thursday, July 25, 2024 - 5:17am | 709Economist Peter Schiff took to X on Thursday, warning of a potential market crash. What Happened: Schiff’s post highlighted the current market sell-off, the rise of safe-haven currencies like the Japanese yen and Swiss franc, and the fall of commodity currencies. “Markets are sounding...
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Analyst Says 'Market's Going To Like What They Hear' During July Federal Reserve Meeting: 'Going To Sound A Lot Like The December Meeting'
Friday, July 12, 2024 - 2:59am | 486David Zervos, Chief Market Strategist of Jeffries, anticipates a positive market response to the forthcoming Federal Reserve meeting, drawing parallels with the dovish tone of the December meeting. What Happened: On Thursday, Zervos shared his expectations for the Federal Reserve’s July...
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GOP Senator Tim Scott Says He Spoke To Jerome Powell And Fed Chair Foresees Inflation Coming Down: 'Prospect Of Rate Cuts...Are Going Up'
Wednesday, July 10, 2024 - 5:18am | 521Sen. Tim Scott (R-S.C) anticipates a potential decrease in inflation, which could lead to an increase in rate cuts, following a discussion with Federal Reserve Chairman Jay Powell. What Happened: On Tuesday, Scott mentioned about his recent conversation with the Federal Reserve Chairman Jay Powell...
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New York Federal Reserve President Highlights 'Significant Progress' In Taming Inflation, But 2% Target 'Still A Way To Go'
Friday, July 5, 2024 - 7:15am | 521In a recent statement, New York Fed Bank President John Williams acknowledged the Federal Reserve’s ongoing efforts to bring inflation back to its 2% target. Although progress has been made, the goal is yet to be achieved. What Happened: Williams recognized the Federal Reserve’s...
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Federal Reserve To Follow European Bank's Footsteps, Likely To Cut Rates In September Amid Falling Inflation, Morgan Stanley Predicts
Friday, June 28, 2024 - 8:17am | 642The U.S. Federal Reserve and the European Central Bank (ECB) are expected to cut interest rates in September. This forecast comes from Morgan Stanley, who have analyzed key data pointing towards a deceleration in inflation in both the U.S. and the eurozone. What Happened: Andrew Sheets, Managing...
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Expert Says Federal Reserve Needs More Data Before Slashing Rate: 'As Badly As They Want To Cut, They Can't'
Friday, June 7, 2024 - 2:42am | 589Founder and CEO of KKM Financial, Jeff Kilburg shared his perspective on the Federal Reserve’s challenges in cutting interest rates. He highlighted the complexities faced by the Fed, referencing comments from Janet Yellen about vulnerabilities in AI stocks. What Happened: On Thursday, during...
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Atlanta Fed Chief Hints At Potential Interest Rate Cut This Year Amid Economic Uncertainties
Friday, May 10, 2024 - 9:01am | 572Atlanta Federal Reserve President Raphael Bostic has indicated that a reduction in interest rates by the U.S. central bank is likely this year, though the timing and magnitude of such a move remain unclear. What Happened: Bostic, in a recent interview with Reuters, stated that despite a first...
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Economists Warn Fed's Inflation Battle Could Trigger Recession: 'Have To Increase The Chance Of Something Bad Happening Here'
Friday, April 12, 2024 - 9:08am | 714The ongoing struggle of the Federal Reserve to rein in inflation has raised alarms about the potential onset of a recession, according to a recent expert analysis. What Happened: An economist warned that the Federal Reserve’s aggressive measures to control inflation could unintentionally lead...
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Jim Cramer Weighs In On Fed's Interest Rate Cut Plans: 'Don't Hold Your Breath. This Economy Doesn't Need Them'
Wednesday, April 10, 2024 - 7:29am | 645Jim Cramer analyzed the recent nonfarm payroll report and emphasized the strength of the economy, advising investors not to anticipate swift rate cuts from the Federal Reserve. What Happened: According to Cramer, the monthly nonfarm payroll report contains the most critical government data, CNBC...
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Global Currency Markets Await Outcome Of Interest Rate Cuts, Potential Trump Re-Election: 'The Music Isn't Playing In FX So Far This Year'
Thursday, April 4, 2024 - 8:38am | 675Global investors and traders are keenly observing the potential impact of worldwide interest rate reductions and the outcome of the U.S. election on the global currency markets, which have been stagnant for nearly four years. What Happened: The world’s leading central banks have been...
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Fed May Slash Rates More Aggressively Amid Jobs Market Concerns, Says Expert: 'Our Focus Now Is Those Rate Cuts Are What You Need'
Monday, April 1, 2024 - 9:00am | 687As the financial world anticipates the next moves of the Federal Reserve, Canaccord Genuity’s strategist Tony Dwyer brings a new perspective on the potential for aggressive rate cuts in response to a weakening jobs market. What Happened: Dwyer expressed on CNBC’s “Fast Money...
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'It's Not A Boeing Plane...No Parts Falling Off Of It': Jim Bianco Highlights Economy's Strength As Fed Deliberates On Rate Cuts
Tuesday, March 19, 2024 - 2:39am | 627Renowned Wall Street forecaster Jim Bianco has cautioned that the window for interest rate cuts may be closing rapidly, just as the Federal Reserve gears up for its two-day policy meeting. However, the economy’s resilience might lead to further delays. What Happened: Bianco, the president of...
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What If The Fed Does Not Cut Rates This Year? Inflation's Stickiest Mile To 2% Target
Tuesday, February 27, 2024 - 10:41am | 1105Markets have been so obsessed for the past six months on when the Federal Reserve will make its first cut in interest rates, no-one has even considered thinking the unthinkable: what if it doesn’t cut at all in 2024? Until around a month ago, you could still take odds at around 3/1 that the...