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Jerome Powell

Gundlach says Goldilocks talk makes him nervous, sees likely recession

by Walter Watson
Gundlach says Goldilocks talk makes him nervous, sees likely recession

Jeffrey Gundlach speaking at the 2019 Sohn Conference in New York on May 6, 2019. Adam Jeffery | CNBC DoubleLine Capital CEO Jeffrey Gundlach believes the Federal Reserve poured cold water on …

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Fed Chief Jerome Powell says a March rate cut is not likely

by Ron Morgan
Fed Chief Jerome Powell says a March rate cut is not likely

Federal Reserve Chair Jerome Powell holds a press conference following the release of the Fed’s interest rate policy decision at the Federal Reserve in Washington, U.S., January 31, 2024.  Evelyn …

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Officials leave rates unchanged, as expected

by Walter Watson
Officials leave rates unchanged, as expected

WASHINGTON — The Federal Reserve on Wednesday sent a tepid signal that it is done raising interest rates but made it clear that it is not ready to start cutting. …

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Stock market today: Live updates

by Walter Watson
Stock market today: Live updates

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., January 29, 2024. Brendan Mcdermid | Reuters Futures tied to the tech-heavy Nasdaq …

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Warren pushes Fed Chair Powell to cut rates, ease housing pressure

by Vera Ward
Warren pushes Fed Chair Powell to cut rates, ease housing pressure

Senator Elizabeth Warren, a Democrat from Massachusetts, left, speaks with Jerome Powell, chairman of the U.S. Federal Reserve, during a Senate Banking, Housing and Urban Affairs Committee hearing in Washington, …

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Bitcoin Eyes $45,000 Amid Anticipation Of FOMC Decision

by Isaac Wright
Bitcoin Eyes ,000 Amid Anticipation Of FOMC Decision

After a challenging two weeks resulting in a 21% drop, the Bitcoin (BTC) price rebounded emphatically, closing last week on a strong note. The premier cryptocurrency witnessed a surge that …

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Federal Reserve’s decision this week could be the prelude to a March interest rate cut

by Anas Siddiqui
Federal Reserve’s decision this week could be the prelude to a March interest rate cut

On one hand, inflation numbers continue to surprise to the downside. The Fed’s preferred gauge decelerated to 2.9 per cent in December, crossing below 3 per cent for the first …

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Real Reasons For Bitcoin Crash Revealed, Not GBTC

by Isaac Wright
Real Reasons For Bitcoin Crash Revealed, Not GBTC

In his latest essay, Arthur Hayes, the founder of BitMEX, articulates a contrarian perspective on the recent downturn in Bitcoin’s price, refuting the mainstream narrative that attributes the decline to …

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Goldman’s Joshua Schiffrin sees 4 Federal Reserve rate cuts and US inflation at 2% in 2024

by Anas Siddiqui
Goldman’s Joshua Schiffrin sees 4 Federal Reserve rate cuts and US inflation at 2% in 2024

The Federal Reserve will lower interest rates starting in March for a total of four times this year and inflation will hit the central bank’s 2 per cent target, according …

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Big Short’s Steve Eisman worries investors are too bullish in 2024

by Ron Morgan
Big Short’s Steve Eisman worries investors are too bullish in 2024

Investor Steve Eisman of “The Big Short” fame is questioning the level of bullishness on Wall Street — even with the market’s tepid start to the year. From enthusiasm surrounding …

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