The Latest Breaking News from Lael Brainard

While the Fed has indicated a slowdown in rate hikes ahead, inflation expectations for the upcoming year have increased. With industry leaders warning of a recession in the near future, fundamentally strong dividend-paying stocks Microsoft (MSFT), The Mosaic (MOS), and Bluegreen Vacations Holding (BVH) might be worth owning now. Read…

Australian stocks ended in the red as Wall Street assesses where official US interest rates are going, and the Reserve Bank says its has suffered reputational damage over interest rate forecasts. CBA makes multi-billion dollar first quarter profit.

Federal Reserve Vice Chair Lael Brainard said she was encouraged by last week’s U.S. inflation report, which pointed to slower price increases, and said the Fed would likely soon reduce the size of its interest rate hikes

Experts say raising rates ‘isn’t working’ and that the real culprits are corporate pricing, energy costs and supply chain