The Latest Breaking News from Jerome Powell

Everyone Is Learning the Wrong Lessons From the Silicon Valley Bank Collapse

Plus: Fox News troubles, junk statistics about illicit economies, and more...

Reason · Mar 13, 2023

2 Best Value Stocks to Buy Today

In addition to Fed Chair Jerome Powell’s hawkish statements last week, the recently released hotter-than-anticipated job report for February has simultaneously raised the odds for a higher rate hike this month. This weighed heavily on the investors’ sentiments. Against this backdrop, quality value stocks Honda Motor (HMC) and NetScout Systems…

StockNews.com · Mar 13, 2023

OPINION - Controlling inflation is the battle of our times — and fortune will favour the bold

The Bank of England appears to be as confused as everybody when it comes to the outlook for interest rates. At the beginning of the month, a speech by the Bank’s Governor Andrew Bailey triggered hugely conflicting headlines. They ranged from “Bailey downplays talk of sharp rise in interest rates”…

Evening Standard · Mar 13, 2023

The job market slowed last month, but it's still too hot to ease inflation fears

U.S. employers added 311,000 jobs in February, only a modest slowdown from the previous month, indicating the labor market remains hot. The unemployment rate rose to 3.6% from 3.4% in January.

WEKU · Mar 10, 2023

US hiring boom continued in February with 311,000 added jobs

Number is lower than January’s 504,000 jobs but comes as Fed signals aggressive interest rate hikes in bid to tame inflation

The Guardian - US · Mar 10, 2023

3 Powerhouse Stocks to Buy in 2023

As the Fed is expected to raise interest rates higher than expected, the revived recession fears will keep the stock market under pressure in the upcoming months. Thus, it could be wise to scoop up shares of high-quality businesses, such as Johnson & Johnson (JNJ), Humana Inc. (HUM), and AutoZone,…

StockNews.com · Mar 10, 2023

Asian stocks follow Wall St lower ahead of US jobs update

Asian stock markets have followed Wall Street lower ahead of an update on United States employment amid worries about possible further interest rate hikes

The Independent UK · Mar 10, 2023

Bitcoin set for worst week since FTX crash

NEW YORK: Bitcoin is having its worst week since November as an equity selloff, fear over higher interest rates and an escalating United States regulatory crackdown on crypto combine to hurt investor sentiment.

Bangkok Post · Mar 10, 2023

Is inflation still surging? Jobs report will provide clues

A month ago, the government dropped a bombshell jobs report that showed that America’s employers added a sizzling half-million-plus positions in January — twice the December gain and far more than economists had expected

The Independent UK · Mar 10, 2023

When Is the Next Fed Meeting?

Markets expect interest rates to remain unchanged at the next Fed meeting.

Kiplinger · Mar 10, 2023