Too early to be betting on rate cuts?
Federal Reserve Board Chairman Jerome Powell speaks after a Federal Open Market Committee meeting on November 01, 2023 at the Federal Reserve in Washington, DC. Kevin Dietsch | Getty This …
Jerome Powell
Bitcoin tops $40,000 for first time in 2023 on ETF hopes, bets on Fed cuts
Bitcoin, the world’s largest cryptocurrency, has been stealthily rising in 2023. Chris Ratcliffe | Bloomberg | Getty Images Bitcoin crossed the $40,000 mark for the first time this year on …
Gold prices at record highs amid economic, geopolitical uncertainty
Traffic_analyzer | Istock | Getty Images Gold prices notched a new record on Monday for a second day in a row — with spot prices touching $2,100 as the global …
‘Premature’ to talk about about cutting rates?
U.S. Federal Reserve Board Chairman Jerome Powell participates in a panel discussion at the 24th Jacques Polak Annual Research Conference on November 8, 2023 in Washington, DC. Alex Wong | …
Fed Chair Powell calls talk of cutting rates ‘premature’ and says more hikes could happen
Federal Reserve Board Chairman Jerome Powell speaks during a news conference after a Federal Open Market Committee meeting on September 20, 2023 at the Federal Reserve in Washington, DC. Chip …
Stock market today: Live update
Traders work on the floor at the New York Stock Exchange. Brendan McDermid | Reuters Stock futures were mixed on Friday morning after the Dow Jones Industrial Average notched a …
2024 will get really sloppy in first half
Wells Fargo Securities is officially out with its 2024 stock market forecast. Chris Harvey, the firm’s head of equity strategy, sees a volatile path to his S&P 500 to 4,625 …
Why Federal Reserve’s Pause Could Be Another Head Fake
Jerome Powell has been exuding a “mission accomplished” vibe, but not so fast, warn economists at Deutsche Bank. Win McNamee/Getty Images In recent public statements, Chairman Jerome Powell has exuded …
The drop in oil prices is good news for the war on inflation, but don’t expect an overnight change
The big drop in oil prices is great news for consumers and the war on inflation. It just may take a little longer to help. Oil is rallying Friday . …
Goldman Sachs says world economy to perform better than expected in 2024
New York city skyline Alexander Spatari | Moment | Getty Images Goldman Sachs predicts the global economy will top expectations in 2024, driven by strong income growth and confidence that …