Federal Reserve officials indicated in their last meeting that the looser policy will remain until it produces stronger employment and inflation, and will not adjust based simply on forecasts. . The Federal …
Read More »5 things to know before the stock market opens on Tuesday, April 6
Here are the most important news, trends, and analysis investors need to start their trading day: 1. Stocks will take a breather after Dow’s closing records, S&P 500 Traders on the floor …
Read More »Fed’s Mester Praises Jobs Report, But Says Loose Policy Remains
Loretta Mester, president and CEO of the Federal Reserve Bank of Cleveland. David Paul Morris | Bloomberg | fake images Strong labor gains in March weren’t enough to convince Cleveland Federal Reserve …
Read More »5 things to know before the stock market opens on Monday, April 5
Here are the most important news, trends, and analysis investors need to start their trading day: 1. Dow prepares to rally after strong employment report on Friday Operators of the New York …
Read More »Dollar Keeps Citi and Morgan Stanley Wary of Emerging Markets
Photographer: Nicole Tung / Bloomberg Photographer: Nicole Tung / Bloomberg Emerging market investors reeling from last month’s losses are heading into the first full week of April bracing for further pain fueled …
Read More »Powell Praises Economic Recovery, Believes Fed Withdraws Aid After ‘Substantial’ Progress
Federal Reserve Chairman Jerome Powell prepares for a House Financial Services Committee hearing on “Oversight of the Federal Reserve and Treasury Department Pandemic Response” at the Rayburn House office building in Washington …
Read More »After a history of erratic economic policy, Erdogan plunges Turkey into new turmoil
Turkey’s economy faces further turmoil after the surprise removal of the central bank governor by President Recep Tayyip Erdogan added another chapter to years of unpredictable economic policy, scaring foreign investors and …
Read More »5 things to know before the stock market opens on Wednesday, March 24
Here are the most important news, trends and analysis investors need to start their trading day: 1. Stocks rally after broad sell-off on Tuesday People are seen on Wall St. outside the …
Read More »The Fed’s Kaplan said he expects an interest rate hike in 2022
Dallas Federal Reserve Chairman Robert Kaplan told CNBC on Tuesday that he will likely favor an interest rate hike before the end of 2022. Although he does not see inflation becoming a …
Read More »New Zealand targets speculators to avoid housing bubble
The New Zealand government targeted property speculators with a set of new measures to deal with skyrocketing house prices and prevent the formation of a “dangerous” bubble. The government will remove tax …
Read More »