State of the Union: Biden sees economic glow, GOP sees gloom Going into Tuesday’s State of the Union address, President Joe Biden sees a nation with a glowing economic future The Independent UK · Feb 4, 2023
Markets are surging as fears about the economy fade. Why the optimists could be wrong The markets have rallied this year as investors believe inflation will continue to ease and that the economy will avoid a recession – but it could end in tears. WEKU · Feb 4, 2023
An unexpected job surge confounds the Fed's economic models Does the Federal Reserve have it wrong The Independent UK · Feb 3, 2023
US payrolls surprise with surge as jobless rate hits 53-year low The U.S. labor market burned red-hot in January as hiring unexpectedly surged and unemployment fell to a 53-year low, defying recession forecasts and adding pressure on the Federal Reserve to keep raising interest rates. Tribune News Service · Feb 3, 2023
US adds 517,000 jobs in January in huge gain for labor market Total is far higher than what economists expected even as Federal Reserve continues to raise interest rates to bring down inflation The Guardian - US · Feb 3, 2023
U.S. employers added 517,000 jobs last month. It's a surprisingly strong number U.S. employers added 517,000 jobs in January, as the unemployment rate fell to 3.4% . The job market remains tight, despite signs of a slowing economy. WEKU · Feb 3, 2023
It’s not the COVID economy — it’s just the economy now The pandemic shocks have reshaped the very fabric of the economy. Axios · Feb 3, 2023
The Week Ahead: Why interest rates and reputation are on the lunch menu for the Fed chairman and investors Last week it was the Federal Reserve’s Open Market Committee shaping monetary policy and investor expectations. In the week ahead, it will be the Fed’s open mouth practices at work. Miami Herald · Feb 3, 2023
Fed Chair Powell is no Kobe Bryant. He didn’t have ‘Mamba mentality’ in his crucial press conference, UBS says Jerome Powell has lost some of his focus when it comes to fighting inflation, UBS's chief investment officer said. Fortune · Feb 2, 2023
Asian equities jump on Fed hints Asian stock markets broadly advanced on Thursday as currencies rose following Federal Reserve chairman Jerome Powell mention that the US central bank might soon shift its focus from taming inflation to curbing the economic slowdown. Bangkok Post · Feb 2, 2023
'Bond king' Gundlach predicts stocks have further room to rally as Fed ends tightening cycle The DoubleLine CEO expects Fed chair Powell will only hike one last time before calling it quits amid signs inflation is abating. Fortune · Feb 2, 2023
3 Strong Buy Stocks to Buy This Week for Under $50 The Fed’s lower rate hike this month and the possibility of a pause earlier than expected could keep investor sentiment upbeat. Therefore, it could be wise to buy fundamentally strong stocks CTS Corporation (CTS), American Vanguard (AVD), and AudioCodes (AUDC), which are rated Strong Buy in our proprietary rating system.… StockNews.com · Feb 2, 2023
Top trending international news updates Top trending international news updates The Times of India · Feb 2, 2023
Bank of England says inflation likely to have peaked amid split over interest rate rise to 4% – as it happened UK central bank predicts much shallower recession than feared, but says Brexit hit has arrived sooner than thought The Guardian - UK · Feb 2, 2023
The Independent UK · Feb 2, 2023 Asian stocks rise after Fed sees inflation improving Asian stock markets have gained after the Federal Reserve said the U.S. economy is moving toward lower inflation but more interest rate hikes are planned
The Times of India · Feb 2, 2023 Bitcoin jumps to highest since August in post-Fed crypto rally Bitcoin hit the highest since August as investors interpreted Federal Reserve Chair Jerome Powell’s comments about progress on inflation as a sign that a less harsh monetary policy backdrop lies ahead.
Bangkok Post · Feb 2, 2023 Bitcoin jumps to highest since August in post-fed crypto rally Bitcoin hit the highest since August as investors interpreted Federal Reserve Chair Jerome Powell’s comments about progress on inflation as a sign that a less harsh monetary policy backdrop lies ahead.
Tribune News Service · Feb 1, 2023 Fed slows rate hikes even as Powell says there’s more work to do Federal Reserve Chair Jerome Powell said policymakers expect to deliver a “couple” more interest-rate increases before putting their aggressive tightening campaign on hold, even as they slowed their drive to curb inflation.
The Conversation · Feb 1, 2023 Why the Fed raised interest rates by the smallest amount since it began its epic inflation fight The Federal Reserve’s policy-setting committee lifted interest rates on Feb. 1, 2023, by a quarter of a percentage point to a range of 4.5% to 4.75%. The increase, the smallest since the Fed began an aggressive campaign of rate hikes in March 2022, came amid signs the fastest pace of…
Fortune · Feb 1, 2023 Fed Chair Jerome Powell strikes a new optimistic tone and as he points to falling inflation and says that he thinks we can avoid a recession “The ingredients for a soft landing are falling into place,” BMO Wealth Management’s chief investment strategist, Yung-Yu Ma, said. “The Fed is struggling to maintain a semblance of hawkishness.”
France 24 · Feb 1, 2023 US Federal Reserve hikes interest rate to highest level since 2007 The US Federal Reserve has hiked its key interest rate by 0.25 percent to the highest level since 2007. America's central bank has slowed the pace of rate rises as inflation cools. But Fed Chair Jerome Powell said changes to monetary policy would be "ongoing" as "appropriate". Also in the…
Tribune News Service · Feb 1, 2023 Fed slows rate hikes, signals further increases are coming The Federal Reserve slowed its drive to rein in inflation and said further interest-rate hikes are in store as officials debate when to end their most aggressive tightening of credit in four decades.
Fortune · Feb 1, 2023 Morgan Stanley's chief strategist thinks investors are in for a bumpy ride after they realize there's no more Fed rate cut 'heroin' “Once people realize the Fed’s not cutting rates—there’s no more heroin, so to speak—then we’re going to price the fundamentals, which are clearly deteriorating in our view,” Wilson told CNBC Tuesday.
The Independent UK · Feb 1, 2023 Watch: Fed Chair Jerome Powell raises interest rate The chair of the Federal Reserve made an announcement regarding the anticipated interest rate hike after a policy meeting.
Bangkok Post · Feb 1, 2023 US Fed set to slow rate hikes WASHINGTON: The US Federal Reserve started the second day of its policy meeting on Wednesday, on growing expectations that it will step down to a smaller interest rate hike as red-hot inflation shows signs of cooling.