Fed holds rates steady, indicates three cuts coming in 2024
The Federal Reserve on Wednesday held its key interest rate steady for the third straight time and set the table ...
Tag: Federal Reserve Bank
Fed Chair Powell calls talk of cutting rates ‘premature’ and says more hikes could happen
Federal Reserve Board Chairman Jerome Powell speaks during a news conference after a Federal Open Market Committee meeting on September ...
Wells Fargo unveils 2024 target, warns of ‘really, really sloppy’ first half for stocks
Wells Fargo Securities is officially out with its 2024 stock market forecast.Chris Harvey, the firm's head of equity strategy, sees ...
Fed gave no indication of possible rate cuts at last meeting, minutes show
Federal Reserve officials at their most recent meeting expressed little appetite for cutting interest rates anytime soon, particularly as inflation ...
Fed’s Mester wants ‘much more evidence’ that inflation has been defeated
Cleveland Federal Reserve President Loretta Mester said Thursday that this week's news showing lower levels of inflation isn't enough to ...
Fed’s Susan Collins says more rate hikes can’t be taken off the table yet
Despite recent encouraging signs on inflation, Boston Federal Reserve President Susan Collins said Friday that more interest rate hikes could ...
Powell says Fed is ‘not confident’ it has done enough to bring inflation down
Federal Reserve Chairman Jerome Powell said Thursday that he and his fellow policymakers are encouraged by the slowing pace of ...
Cleveland Fed launches search for new leader after Mester leaves
The Cleveland Federal Reserve launched a search Wednesday for its new leader, after current President Loretta Mester retires in mid-2024.Often ...
Jamie Dimon rips central banks for being ‘100% dead wrong’ on economic forecasts
Jamie Dimon, CEO of JPMorgan Chase speaking with CNBC's Leslie Picker in Bozeman, MT on Aug. 2nd, 2023.CNBCJPMorgan Chase CEO ...
JPMorgan’s Marko Kolanovic braces for 20% market plunge, delivers recession warning
JPMorgan's Marko Kolanovic is bracing for a 20% sell-off to hit the S&P 500.According to the Institutional Investor hall-of-famer, high ...
