Goldman Sachs Shifts Interest-Rate Outlook Ahead Of Key Inflation Report
Fed officials have made clear in recent weeks that they aren’t ready to cut interest rates yet, and finance professionals are getting the message.
Recent
Wall Street Is Getting Even More Bullish On Stocks
Nearly five months through 2024, the major stock indexes are near record highs.
Data Reveals Rising Economic 'Distress' Across America Despite Post-Pandemic Growth
A disconnect remains in the US economy: growth and softening inflation versus Americans' pervasive pessimism and uncertainty about the future.
BlackRock’s Bond Guru Rick Rieder Says The Fed’s Favorite Inflation Firefighting Strategy Is Failing
This is a story about how interest rate hikes are supposed to work, and why they might not be working as intended right now—at least.
Despite Perception, Economy is Thriving
U.S. economy is not in recession, contrary to belief held by many Americans. A recent poll conducted by Harris for The Guardian reveals misconception.
Persistent Inflation and High Interest Rates Signal Potential Recession
Jeffrey Gundlach issued a warning about recession and the collapse of businesses as inflation and sustained high interest rates exert their impact.
Citigroup's Chief US Economist Warns of Economy's Rapid Decline
Andrew Hollenhorst, Citigroup's chief US economist, warns that a deteriorating labor market will cause the US economy to decline later this year.
