New Federal Reserve Board Governor Lisa Cook on Thursday said she supports additional interest rate hikes and keeping the benchmark policy rate high enough to dampen growth until the central Read more
Tag: Money/Currency Markets
Yellen: Important to recognize there are international spillovers from central bank tightening in advanced countries
U.S. Treasury Secretary Janet Yellen on Thursday said that central banks must continue the task of fighting inflation but have to recognize that their tightening efforts can ripple through the Read more
IMF chief says central banks must keep tightening despite recession risks
Global central bankers need to continue to raise interest rates despite a fragile global economic outlook, the head of a key global financial institution said Thursday. Speaking ahead of meetings Read more
Fed’s Daly says more rate hikes needed, dismisses ‘pivot’ talk
The Federal Reserve needs to keep raising its benchmark interest rate in order to cool inflation that hit a 40-year high earlier this year and has shown little signs of Read more
He saved credit cards, and now he’s inspiring crypto enthusiasts
As cryptocurrency enthusiasts look to build out the future of money, some are looking back for inspiration. Dee Hock, the Visa Inc. V, +2.20% founder who died this summer at Read more
U.S. private sector job growth steady in September, ADP says
The numbers: U.S. private sector employers added 208,000 jobs in September, up from a revised 185,000 in the prior month, according to the ADP job report released Wednesday. Economists polled Read more
U.S. private sector job growth steady in September, ADP says
The numbers: U.S. private sector employers added 208,000 jobs in September, up from a revised 185,000 in the prior month, according to the ADP job report released Wednesday. Economists polled Read more
He nailed three big S&P 500 moves this year. Here’s where this strategist sees stocks headed next, with beaten down names to buy.
A Wall Street hat trick may not be on the cards, with stock futures in the red ahead of an OPEC meeting and more data. A two-day rally was never Read more
Celsius co-founder Daniel Leon resigns
S. Daniel Leon, co-founder and chief strategy officer of Celsius, has left the firm just a week after chief executive Alex Mashinsky declared his departure. “We confirm that Daniel Leon Read more
Fed’s Daly says ‘churn’ in labor market might be settling
There are signs that the U.S. labor market is starting to cool off a bit, San Francisco Federal Reserve President Mary Daly said Tuesday. “I think…some of the churn that’s Read more