The numbers: The U.S. cost of living fell 0.1% in December and posted the first decline since the onset of the pandemic in 2020, pointing to a further slowdown inflation Read more
Tag: economic news
Why Thursday’s U.S. CPI report might kill stock market’s hope of inflation melting away
Investors should not have unrealistic expectations regarding the pace at which U.S. inflation subsides in 2023, analysts argue, ahead of Thursday’s consumer price index report for December which may test Read more
‘A year of two halves’: Stifel’s Barry Bannister expects a near-term rally in U.S. stocks — and trouble later in 2023
Trouble may be brewing in the second half of this year, but there’s a window for a stock-market rally during the first six months of 2023, in the view of Read more
U.S. Economic Calendar – MarketWatch
The median forecasts in this calendar come from surveys of economists conducted by Dow Jones Newswires and The Wall Street Journal. All statistics in this calendar are in expressed in Read more
The Fed is not a ‘climate-policy maker,’ Powell says
The Federal Reserve has only a “narrow” role regarding climate change risks – to make sure banks understand and manage the financial risks associated with warming temperatures, the central bank’s Read more
Eurozone Unemployment Rate Remained at Record Low in November Despite Slowing Economy
By Xavier Fontdegloria The eurozone jobless rate was stable in November at its record low, highlighting resilience in the labor market despite slowing economic growth. The eurozone unemployment rate stood Read more
‘Markets are going to get rocked’ as Fed is likely to push rates higher, economist warns
The Federal Reserve is likely to raise interest rates more than the markets now expect, says Ricardo Reis, an economist at the London School of Economics. “Markets are going to Read more
Dow up nearly 400 points as pace of jobs growth, wage gains cool in December
U.S. stocks advanced Friday, with the Dow rising nearly 400 points, as monthly Labor Department data showed the pace of job creation cooled in December while wage gains slowed, fueling Read more
U.S. Economic Calendar – MarketWatch
The median forecasts in this calendar come from surveys of economists conducted by Dow Jones Newswires and The Wall Street Journal. All statistics in this calendar are in expressed in Read more
Citi has just cut its rating on U.S. stocks to underweight. Here’s why and what it prefers.
While leading indicators seem to be suggesting both that the U.S. economy is headed for a downturn and that price pressures are cooling, the Federal Reserve seems determined to wait Read more