• Fed Prepares Another Large Rate Increase to Fight Inflation

    7 days ago - By NY Times

    Stubbornly high prices have pushed policymakers to make aggressive moves to cool the economy. What will they say today?
    Read more ...

     

  • The Fed will save the stock market and cut interest rates if a deep recession occurs next year, JPMorgan says

    7 days ago - By Business Insider

    Fed Chairman Jerome Powell. Samuel Corum/Getty Images The Federal Reserve could be forced to cut interest rates in 2023 if a deep recession occurs, according to JPMorgan. The move would be an about-face by the Fed, considering it has aggressively raised rates in 2022. Potential rate cuts from the Fed would help backstop the stock market in the event of a precipitous decline, JPMorgan's Marko Kolanovic said. Just as fast as the Federal Reserve raised interest rates in 2022, they could do the exact opposite in 2023 and cut rates, according to JPMorgan. That's if a deep economic recession...
    Read more ...

     

  • BlackRock's Rieder says Fed should not panic because rate hikes have lagged effect

    7 days ago - By CNBC

    BlackRock's Rick Rieder says the Fed does not need to raise interest rates by the full percentage point that some expect.
    Read more ...

     

  • Expect disinflation to kick in soon as pressure on prices builds - which would allow the Fed to pivot to smaller rate hikes, top economist says

    7 days ago - By Business Insider

    Falling food prices will drag headline inflation down soon, according to Capital Economics' Paul Ashworth. Liu Guanguan/China News Service via Getty Images
    A "disinflationary wave is building" in the US, according to Capital Economics' Paul Ashworth.
    Falling gasoline and food prices will cause headline inflation figures to fall soon, he said.
    That would allow the Federal Reserve to pivot to smaller rate hikes, which could lift stocks.
    The Federal Reserve will soon be able to hike interest rates less aggressively as the US experiences a period of disinflation, a Capital Economics strategist...
    Read more ...