Fed Pivots To Wait-And-See, Keeps Rates At 4.25-4.50%, Restarts Inflation Worries; QT Continues
With inflation accelerating again, and the labor market on reasonably solid footing, the Fed pivoted back to wait-and-see. Read more here.
BizPac Review12d
CPI numbers highlight Fed’s many mistakes
Op-ed views and opinions expressed are solely those of the author. The Bureau of Labor Statistics just released the monthly increase in the Consumer Price Index for […] ...
Inflation has gone up for the third straight month, but switching bank accounts could help protect your funds
Knowing when to switch bank accounts can be stressful, especially as inflation rises. Find out how to know it's time to ...
Fed rate decision, stock market updates: Dow, Nasdaq, S&P 500 slip, Nvidia falls as Fed leaves rates unchanged
IBM projected constant currency revenue to grow 5% in the full year, above estimates for 4.81% growth. Meanwhile, the company ...
Reuters6d
A Fed on hold, for now, eyes strong jobs, easing inflation
Line graph showing various measures of inflation and the Federal Reserve's policy rate of interest. The latest Consumer Price Index report showed inflation rising slightly in December but was ...
When the Economy Doesn’t Cooperate With the Fed’s Models
I am baffled by the return to rate cuts even when the CPI is stuck far above the Fed’s 2% target.
No Surprise Cut From The Fed, And That Could Continue In The Coming Months
The Fed keeps rates unchanged, signals more hawkish stance on inflation and describes real economy as solid. See why I don't expect rate cuts in the coming months.