Powell Scoffs at Recession Talk and Stock Market Cacophony Is Quieted
Federal Reserve Chair Jerome Powell persuaded investors his first interest rate hikes in four years won’t throttle the economy.
Federal Reserve Chair Jerome Powell persuaded investors his first interest rate hikes in four years won’t throttle the economy.
Defying their stock-market counterparts, Treasury traders aren’t buying Jerome Powell’s upbeat pronouncements about the economy.
Administration unveiled new program on Tuesday designed to tackle inflation by improving data visibility in supply chains. Initiative is called FLOW.
Guggenheim Partners Chief Investment Officer Scott Minerd said the Fed Reserve is in an “inflation panic” as it begins to tighten monetary policy.
With pump prices now averaging $4.33 per gallon, Pres. Biden and fellow Dems in Congress clearly worry that motorist pain could doom them in the Nov.
When the Federal Reserve makes rate decision, there are good reasons not to act right away.
Like his Wall Street peers, Mark Cabana has had it with terrible trading conditions in world’s largest bond market -- conditions that could worsen.