Federal Reserve Archives - Page 33 of 180

2 minute read

Stocks Pause, Gold Rises, Bitcoin Sinks On Worst Day In Four Months: What’s Driving Markets Friday?

January 12, 3:33 PM

U.S. stock market lacks direction on mixed earnings and producer inflation data. Bitcoin drops 6% following spot Bitcoin ETF approval. Gold rises 1%.

AAL

2 minute read

Jamie Dimon Warns Of Stickier Inflation, Higher-Than-Expected Rates After JPMorgan Notches Up Record Annual Profit: ‘Significant…Somewhat Unprecedented Forces Cause Us To Remain Cautious’

By Shanthi Rexaline

January 12, 9:08 AM

JPMorgan CEO Jamie Dimon on Friday issued a cautious commentary about the economy even as the bank reported a Q4 beat.

JPM

4 minute read

Nasdaq, S&P 500 Futures Recede As Traders Digest Mixed Bank Earnings: All Eyes Now On Producer Inflation Data

By Shanthi Rexaline

January 12, 8:21 AM

U.S. stocks are gearing up for a weaker open on Friday, following a resilient performance on Thursday despite a larger-than-expected increase in December consumer price inflation.

BAC

2 minute read

Fed Has ‘Already Lost’ Inflation War, Says Gold Bull Peter Schiff After ‘Hotter-Than-Expected’ December CPI Data: Are Rate Hikes Coming?

By Shanthi Rexaline

January 12, 4:53 AM

The annual CPI and core CPI inflation came in at 3.4% and 3.9%, respectively, compared to the 3.2% and 3.8% expected by economists.

TIP

2 minute read

Wall Street Slips As Rate-Cut Hopes Diminish With Inflation, Bitcoin Remains Unmoved By ETF Debut: What’s Driving Markets Thursday?

By Piero Cingari

January 11, 3:10 PM

It’s a bearish Thursday on Wall Street, with stocks relinquishing their gains due to unexpectedly high inflation numbers for December, causing some turbulence in market expectations regarding earlier Federal Reserve rate cuts.<

AAPL

3 minute read

EXCLUSIVE: CPI Increase ‘Just A Hiccup’ Says CME Economist: ‘Inflation Is Well Under Control’

By Neil Dennis

January 11, 3:00 PM

CPI is below 2% if the owner equivalent rent metric is taken out of the data.

SPY

3 minute read

Bank Earnings Season Begins Friday: Analysts Warn Of Possible ‘Sell-Off’ On Day 1

By Piero Cingari

January 11, 2:37 PM

6 banks are scheduled to unveil their fourth-quarter results Friday. Will there be a sell-off?

BAC

3 minute read

Fed Rate Cuts In March? Keep Dreaming, Economists Say As Inflation Spike Shakes Markets

By Neil Dennis

January 11, 1:00 PM

Inflation rose to 3.4% in Dec, surpassing expectations & raising concerns about Fed's dovish pivot. Predictions of a March rate cut have dropped.

IWM

3 minute read

Nasdaq, S&P 500 Futures Spike On Hopes Of Tame Inflation Data; Oil, Bitcoin Jump: Analyst Tells Why 2024 May Not Be All ‘Doom And Gloom’

By Shanthi Rexaline

January 11, 7:54 AM

Thursday’s session is set to open on a positive note for U.S. stocks, with attention focused on forthcoming inflation data that could influence trading direction.

BRK

2 minute read

Billionaire Investor Howard Marks Says US Hasn’t Had A Free Market In Decades Due Federal Reserve’s ‘Activist’ Approach, Warning That ‘Easy Money Corrupts’

By Benzinga Neuro

January 10, 10:00 PM

Marks stated that the natural rate, which reflects the balance of supply and demand for money without central bank interference, ought to guide capital allocation decisions. He, however, pointed out that the financial market has not operated freely since the 90s due to the Federal Reserve's 'activist' approach.

SHPW