Jerome Powell Could Spark a Serious Stock Market Surge—Even Though He’s Not Cutting Rates
Investors will be closely watching Federal Reserve Chairman Jerome Powell’s press conference after next week’s rate-setting meeting.
Investors will be closely watching Federal Reserve Chairman Jerome Powell’s press conference after next week’s rate-setting meeting.
Investors yearn for lower rates but not the bad news that usually accompanies them.
The Fed was too focused on the soft landing and has stuck the U.S. economy with higher prices, Stifel chief economist says.
You may have heard the US is not in a recession, and positive news about the economy doesn't end there. A soft landing seems imminent, if not upon us.
More than a year has elapsed since the collapse of Silicon Valley Bank, yet elevated interest rates continues to loom over the US banking landscape.
Jeffrey Gundlach, the chief executive of investment management company DoubleLine Capital, expects a U.S. recession as soon as this year.
Fed officials have made clear in recent weeks that they aren’t ready to cut interest rates yet, and finance professionals are getting the message.