Plain English Powell Praises U.S. Economy After Rate Hike
June 15, 2018

Federal Reserve Chairman Jerome Powell signaled growing optimism on the U.S. economy while trying to reassure investors that the central bank would not derail the country’s second-longest expansion by aggressively tightening monetary policy.

Fed officials on Wednesday raised interest rates Continue reading

WorldsBig-Three Central Banks to Meet With Different Agendas
June 10, 2018

The world’s three most powerful central banks convene next week, with the U.S. Federal Reserve setting the pace in a retreat from the era of easy money.

Three meetings within 36 hours of each other are set to conclude with Continue reading

Stocks Tumble in Biggest Weekly Decline Since 2016: Markets Wrap
March 25, 2018
  • Dow Jones Industrials lost more than 1,400 points in the week
  • Crude oil registers largest five-day increase since July

U.S. stocks tumbled, sending the S&P 500 Index to its biggest weekly loss in more than two years, on concern that Continue reading

Fed Lifts Rates, Steepens Path Through 2020 for More Hikes
March 24, 2018
  • Split FOMC continues to see three rate increases in 2018
  • Policy makers boost economic growth forecasts for 2018, 2019

Federal Reserve officials, meeting for the first time under Chairman Jerome Powell, raised the benchmark lending rate a quarter-point and forecast Continue reading

Powell Says Strong Outlook to Prod Fed to Review Rate-Hike Path
March 21, 2018

Jerome Powell opened the door to the Federal Reserve raising U.S. interest rates four times this year as he acknowledged strengthening economic growth and inflation may prompt policy makers to rethink their plan for three hikes.

“My personal outlook for Continue reading

Asian Stocks Fall as Traders Await Powell Hearing: Markets Wrap
March 20, 2018

Asian stocks started March on a weak footing after U.S. shares tumbled in afternoon trading Wednesday. Treasuries and the dollar held gains as traders awaited a second appearance from Federal Reserve Chairman Jerome Powell, whose comments riled markets earlier this Continue reading

Deja vu? It’s looking like 1987 again for the US economy
February 25, 2018

Weak dollar, rising inflation, recession memories fading, new hand at the Fed and meltdown?

Deja vu? It’s looking like 1987 again for the US economy

Weak dollar, rising inflation, recession memories fading, new hand at Continue reading

Yellen Says Prices `High’ for Stocks, Commercial Real Estate
February 24, 2018

Outgoing Federal Reserve Chair Janet Yellen said U.S. stocks and commercial real estate prices are elevated but stopped short of saying those markets are in a bubble.

“Well, I don’t want to say too high. But I do want to Continue reading

What Just Happened? Six Views on How the Correction Finally Came
February 20, 2018

Like everything in markets, this defies easy narratives. Is it rising yields, hedge funds selling out of arcane positions, inflated valuations bursting or none of the above? After two days of relative peace, investors theorized on what drove U.S. stocks Continue reading

Dow Plunges 666 Points as Rate Angst Sinks Bonds: Markets Wrap
February 11, 2018

The Dow Jones Industrial Average tumbled 666 points in the biggest plunge since June 2016, as the worsening bond rout stirred angst that the Federal Reserve will accelerate its rate-hike schedule.

Solid jobs data that underscored the strength of the Continue reading