The Latest Breaking News from Jerome Powell

The investment bank has been predicting a recession since the summer of 2022. A full year later, it’s having second thoughts.

‌Los economistas de Wall Street predicen una suspensión temporal de las subidas de tipos debido.

Inflation statistics keep pointing to a gradual decrease in price pressures across the economy

A measure of consumer prices that is closely monitored by the Federal Reserve fell last month to its lowest level since March 2021, the latest sign that inflation in the United States is steadily cooling from its once-painful highs

U.S. stocks set for solid start on Fed relief rally, boosted by strong Meta Platforms earnings

Despite the U.S. economy appearing to be on track to achieve the elusive soft landing, an increase in borrowing costs in the wake of further rate hikes by the Fed yesterday and ECB earlier today deem diligent analysis and management of credit risks. This could brighten the prospects of fundamentally…

Peter Schiff compares current market rally to pre-1987 crash, citing rising interest rates and trade deficits.

September S&P 500 futures (ESU23) are up +0.59%, and September Nasdaq 100 E-Mini futures (NQU23) are up +1.20% this morning after three major U.S. benchmark indices ended the regular session mixed as market participants digested Federal Reserve Chair Jerome Powell’s comments following the Fed’s widely expected 25 basis point rate…

Investors hopeful for end to rate hikes, Bitcoin falls below $29,000