Tag Archives: Fed

If you think the Federal Reserve wouldn’t dare keep interest rates high and risk throwing the U.S. economy into recession, Keith McCullough would like to have a chat with you. He’s convinced that 2023 will bring a U.S. corporate profit recession and a credit crunch as businesses struggle to obtain …

Holdings in iShares Silver Trust rose 4% on Monday U.S. 10-Treasury yields at near one-week peak Jan 24 (Reuters) – Gold prices pulled back from a nine-month high on Tuesday due to a slight uptick in the dollar and U.S. bond yields, although hopes of slower interest rate hikes from …

The CPI for November (+0.1% M/M) was milder than markets expected, which brought the Y/Y CPI inflation rate to 7.1% in November from 7.7% in October. The core CPI (ex-food and energy) rose +0.2% M/M, the smallest increase since August 2021. Excluding shelter, the Core fell -0.1% for the second …

The Federal Reserve and the stock market are butting heads over the central bank’s efforts to fight inflation. Stocks capped a steep two-day sell-off on Friday, wiping out gains from a rally earlier in the week driven by hopeful economic news. Inflation as measured by the consumer price index had …

Labor data might have been overcounted by as much as 1.1 million jobs earlier this year, the Federal Reserve Bank of Philadelphia revealed in a new quarterly report. According to the regional central bank’s second-quarter “Early Benchmark Revisions of State Payroll Employment” report (pdf), researchers’ estimated employment changes that occurred …