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Bank of America warned of a mild recession at the beginning of the year. Now, it says the Fed is close to ‘sticking’ a soft landing
FinanceBank of America warned of a mild recession at the beginning of the year. Now, it says the Fed is close to ‘sticking’ a soft landing
By Will DanielDecember 18, 2023
The Federal Reserve is on the cusp of defeating inflation without a steep recession: ‘The Fed looks like it has won that battle’
FinanceThe Federal Reserve is on the cusp of defeating inflation without a steep recession: ‘The Fed looks like it has won that battle’
By Chris Rugaber and The Associated PressDecember 16, 2023
With interest rate hikes in Jerome Powell’s rearview mirror, Wall Street starts a new guessing game: Timing when the Fed will cut
FinanceWith interest rate hikes in Jerome Powell’s rearview mirror, Wall Street starts a new guessing game: Timing when the Fed will cut
By Will DanielDecember 14, 2023
The Fed’s declaration that rates may have peaked is ‘a long-awaited holiday present’ for Wall Street, sending the Dow to a record close
FinanceThe Fed’s declaration that rates may have peaked is ‘a long-awaited holiday present’ for Wall Street, sending the Dow to a record close
By Will DanielDecember 13, 2023
Federal Reserve holds interest rate steady and predicts 3 rate cuts next year as economy slows
FinanceFederal Reserve holds interest rate steady and predicts 3 rate cuts next year as economy slows
By The Associated PressDecember 13, 2023
Ed Yardeni says stocks are set to soar 30% over the next two years as his ‘roaring 2020s scenario’ plays out
FinanceEd Yardeni says stocks are set to soar 30% over the next two years as his ‘roaring 2020s scenario’ plays out
By Will DanielDecember 11, 2023
Bitcoin sinks below $42,000 amid ‘a wave of profit-taking’ after reaching 20-month high
The CoinsBitcoin sinks below $42,000 amid ‘a wave of profit-taking’ after reaching 20-month high
By Marco Quiroz-GutierrezDecember 11, 2023
Economic pessimists’ bet on a 2023 recession failed. Why are they doubling down in 2024?
CommentaryEconomic pessimists’ bet on a 2023 recession failed. Why are they doubling down in 2024?
By Philipp Carlsson-Szlezak and Paul SwartzDecember 11, 2023
Fed expected to keep interest rates unchanged—does that mean rate hikes are over?
FinanceFed expected to keep interest rates unchanged—does that mean rate hikes are over?
By Christopher Rugaber and The Associated PressDecember 11, 2023
The Fed watcher who called the 2007 housing bubble expects interest rates to stay high for ‘much, much, much longer.’ It’s payback for the unsustainable ‘free money era’
FinanceThe Fed watcher who called the 2007 housing bubble expects interest rates to stay high for ‘much, much, much longer.’ It’s payback for the unsustainable ‘free money era’
By Will DanielDecember 9, 2023
The unemployment rate just dropped to 3.7%, and experts say it’s another ‘soft landing’ signal that will leave the Fed in limbo
FinanceThe unemployment rate just dropped to 3.7%, and experts say it’s another ‘soft landing’ signal that will leave the Fed in limbo
By Will DanielDecember 8, 2023
A customer walks by a now-hiring sign posted in front of a retail store in Novato, California
FinanceCorporate America’s hiring spree is cooling—economists say we should all take that as a good sign
By Will DanielDecember 5, 2023
Photo of Jeremy Siegel
FinanceWith the stock market in ‘striking distance’ of all-time high, Wharton’s Jeremy Siegel warns the only thing that can derail it is Jerome Powell
By Eleanor PringleDecember 5, 2023
Wide-ranging survey of 38 business economists finds over 3 in 4 believe the recession is canceled
FinanceWide-ranging survey of 38 business economists finds over 3 in 4 believe the recession is canceled
By The Associated PressDecember 4, 2023
Jerome Powell dispels Wall Street’s dream of near-term interest rate cuts by arguing it would be ‘premature’ while leaving the door open to more rate hikes
FinanceJerome Powell dispels Wall Street’s dream of near-term interest rate cuts by arguing it would be ‘premature’ while leaving the door open to more rate hikes
By Steve Matthews and BloombergDecember 1, 2023
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