Orders for manufactured goods rose 0.3% in September, the Commerce Department said Thursday. The gain was in line with the median forecast of economists surveyed by the Wall Street Journal. Read more
Tag: Money/Forex Markets
U.S. productivity picks up a bit in third quarter
The numbers: U.S. productivity rose at a 0.3% annual clip in the third quarter, the government said Thursday. That’s the first gain after two straight sharp quarterly declines. Economists surveyed Read more
‘Oh my gosh, why am I not in the market?’ This forecaster says investors will be shocked by what’s about to happen next
Slower, but higher rates and no pivot this side of Christmas. That was the message from Fed Chairman Jerome Powell after the central bank’s fourth-straight jumbo hike. Bruised investors look 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
Fed approves another jumbo interest-rate hike, but also signals go-slower strategy
The Federal Reserve on Wednesday approved the fourth straight jumbo increase in a key U.S. interest rate and signaled rates are likely to go higher than previously forecast. Yet the Read more
Fed approves another jumbo interest-rate hike, but also signals go-slower strategy
The Federal Reserve on Wednesday approved the fourth straight jumbo increase in its benchmark interest rate, extending a rapid pace of hikes that brings the rate to the highest level Read more
The best play on the Fed decision may be a nonplay, this industry veteran says
It’s go-time for the Fed, which is expected to deliver a fourth straight jumbo hike, though obviously bigger questions hang over December onward plans. Wall Street is understandably on the Read more
The best way to play the Fed decision is do absolutely nothing, this industry veteran says
It’s go-time for the Fed, which is expected to deliver a fourth straight jumbo hike, though obviously bigger questions hang over December onward plans. Wall Street is understandably on the Read more
Euro slips as traders see ECB opening the door to slower rate hikes
The euro dipped back below parity versus the U.S. dollar on Thursday as traders bet the European Central Bank will slow the pace of interest rate hikes after delivering another Read more
Durable-goods orders jump in September led by aircraft orders
The numbers: Orders at U.S. factories for long-lasting goods rose 0.4% in September. It was the sixth increase in the last seven months and was fueled by strong orders for Read more