The Federal Reserve on Wednesday raised its benchmark interest rate by 0.5 percentage point and signaled more tightening next year. The half-point increase brings the Fed’s federal funds rate up Read more
Tag: Interbank Rate
Best stock picks for 2023: Here are Wall Street analysts’ favored choices
Following a sharp and sustained rise in interest rates, U.S. stocks have taken a broad beating this year. But 2023 may bring very different circumstances. Below are lists of analysts’ Read more
Financial markets cling to hope that inflation is easing ahead of October’s CPI data
With the next major U.S. inflation report about to land on Thursday, traders and investors continued to cling to hopes that the data will contain enough signs of easing price Read more
Is the job market still thriving? What unemployment numbers mean for you, and where the opportunities are.
This article is reprinted by permission from NerdWallet. A slight uptick in unemployment in October is the one blemish on an otherwise strong employment picture for workers, according to data Read more
New stock-market lows ahead? What investors need to know as Fed signals rates will be higher for longer.
Federal Reserve Chairman Jerome Powell sent a clear signal interest rates will move higher and stay there longer than previously anticipated. Investors wonder if that means new lows for the Read more
Opinion: The Federal Reserve’s Jerome Powell aims to set things straight but leaves us dazed and confused
Federal Reserve Chairman Jerome Powell on Wednesday announced the central bank raised interest rates by 75 basis points, as expected by economists and investors. But there were new pieces of 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
Market expectations start to shift in direction of slower pace of rate hikes by Fed
In a year dominated by worries about inflation and rising interest rates, strategists and traders said a narrative is building within financial markets in which the Federal Reserve will likely Read more
‘Mounting fear is that something else will break along the way’: Stock-market investors look ahead to PCE inflation data amid Fed overtightening worries
Some investors are on edge that the Federal Reserve may be overtightening monetary policy in its bid to tame hot inflation, as markets look ahead to a reading this coming Read more
Why the housing market should brace for double-digit mortgage rates in 2023
Even if Federal Reserve Chairman Jerome Powell and his cohorts stopped hiking policy rates soon, the 30-year fixed mortgage rate still would climb to 10%, according to Christopher Whalen, chairman Read more