U.S. stocks just logged their first back-to-back losses in two weeks on Thursday as senior Federal Reserve officials emphasized the need for more aggressive interest-rate hikes. The S&P 500 SPX, Read more
Tag: hikes
Fed’s Waller says market has overreacted to consumer inflation data: ‘We’ve got a long, long way to go’
Federal Reserve Gov. Christopher Waller said Sunday that financial markets seem to have overreacted to the softer-than-expected October consumer price inflation data last week. “It was just one data point,” Read more
Fed’s Waller says market has overreacted to consumer inflation data: ‘We’ve got a long, long way to go’
Federal Reserve Gov. Christopher Waller said Sunday that financial markets seem to have overreacted to the softer-than-expected October consumer price inflation data last week. “It was just one data point,” Read more
Fed’s George argues for ‘steady, deliberate’ interest rate hikes
The Federal Reserve should consider slowing down to “steady and deliberate” interest-rate increases, said Kansa City Fed President Esther George on Thursday. “A more measured approach to rate increases may Read more
Fed shouldn’t back off rate hikes for fear of a downturn, Barkin says
The Federal Reserve shouldn’t stop raising interest rates for fear of a recession, said Richmond Fed President Thomas Barkin on Wednesday. “If there is one thing we learned in the Read more
Fed’s Barkin backs slower pace of interest-rate hikes
The Federal Reserve had been stepping on the gas in its effort to raise interest rates this year and can now pump the brakes, said Richmond Fed President Tom Barkin Read more
Oil slumps as fears rise Fed rate hikes will crimp crude demand, dollar jumps
Oil fell Thursday, losing ground on fears aggressive tightening by the Federal Reserve will tip the economy into recession, while the U.S. dollar rose sharply. Price action West Texas Intermediate Read more
5 things we learned from Jerome Powell’s ‘whipsaw’ press conference
No one was surprised Wednesday when the Fed lifted its benchmark interest rate by 0.75 percentage points for the fourth consecutive policy meeting, raising the fed funds rate to a Read more
Another jumbo Fed rate hike is expected this week — and then life gets difficult for Powell
First the easy part. Economists widely expect Federal Reserve monetary-policy makers to approve a fourth straight jumbo interest-rate rise at its meeting this week. A hike of three-quarters of a Read more
Another Fed jumbo rate hike is expected next week and then life gets difficult for Powell
First the easy part. Economists widely expect the Federal Reserve to approve the fourth straight jumbo interest rate rise at its meeting next week. The three quarters of one percentage Read more