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2025 US Economy Outlook 'Cloudier Than Normal,' JPMorgan Says: Boom, Bust Scenarios
Friday, November 22, 2024 - 10:02am | 807The U.S. economy could face a high-stakes, casino-like scenario in 2025, with risks swinging between a potential boom fueled by tax cuts and deregulation and a possible stagflationary bust triggered by policy uncertainty and trade restrictions. This is the core message from JPMorgan’s chief...
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JP Morgan Economist Says Powell Hasn't Shown Lot Of Faith In Forecasts: 'He Needs…Actual Evidence That The Economy Is Slowing'
Thursday, April 13, 2023 - 2:17am | 413JPMorgan Chief U.S. Economist Michael Feroli reportedly said that Federal Reserve Chair Jerome Powell doesn't seem to believe in forecasts and may be looking for real indicators that the economy is slowing. What Happened: "He has shown not a lot of faith in forecasts. I think he needs to see actual...
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Jerome Powell To Deliver Speech On Wednesday: Here's What He May Say On Interest-Rate Hikes, Inflation
Monday, November 28, 2022 - 9:14am | 445Federal Reserve Chair Jerome Powell is scheduled to deliver a speech at an event on Wednesday hosted by the Brookings Institution in Washington, which is nominally focused on the labor market. What Happened: Powell is, however, expected to cement expectations that the central bank will slow its...
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Odds Of 2019 Fed Rate Cut Are Increasing
Friday, May 31, 2019 - 3:21pm | 553Interest rates are once again a hot topic on Wall Street after President Donald Trump’s latest threats to implement up to 25 percent tariffs on all imports from Mexico have raised concerns the ongoing trade wars will slow U.S. economic growth and require interest rate cuts from the Federal...
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10 Stocks Taking A Big Hit On Mexico Tariff Threat
Friday, May 31, 2019 - 12:06pm | 770As U.S. President Donald Trump’s trade war with China ramps up, he turned his attention back to Mexico on Thursday. Trump threatened to impose a 5-percent tariff on all Mexican imports starting on June 10. Trump said tariffs could be hiked to 25 percent in coming months if Mexico does...
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Economic Recovery Leads To US Payroll Rise In January (CSCO, JPM)
Friday, February 5, 2010 - 1:06pm | 157For the second time in three months, the US economy is seen to have added jobs, which, according to economists, may be a sign that the growth in the economy is impacting the labor market positively. December saw a fall in payrolls by 85,000. But payrolls rose by 15,000 in January. Unemployment is...