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 ...
Tag: Jerome Powell
Fed’s Mary Daly says it’s ‘too early to declare victory’ on inflation
Mary Daly, president of the Federal Reserve Bank of San Francisco, poses after giving a speech on the U.S. economic ...
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 ...
Fed’s Goolsbee says ‘golden path’ of a huge drop in inflation without a recession is still possible
Chicago Federal Reserve President Austan Goolsbee said Tuesday a soft landing is still on the table as the central bank seeks ...
Fed holds rates at 22-year high, signals concern on yield rise
The Federal Reserve held interest rates at a 22-year high for a second straight meeting, while suggesting that the recent ...
Housing industry urges Powell to stop raising interest rates or risk an economic hard landing
New homes under construction in Miami, Florida, Sept. 22, 2023.Joe Raedle | Getty ImagesTop real estate and banking officials are ...
Bond yields could race through 5% in next couple of weeks, market forecaster Jim Bianco warns
Wall Street forecaster Jim Bianco expects Treasury yields to go a lot higher — and possibly overshoot through 5% in ...
Wall St opens lower as yields rise ahead of Powell speech
Wall Street's main indexes opened lower on Monday as the 10-year Treasury yield regained 2007 highs, while investors awaited comments ...
Federal Reserve keeps interest rate steady, says inflation remains elevated
The Federal Open Market Committee kept its interest rates steady in a range of 5.25% to 5.5%, a 22-year high, ...
Fed declines to hike, but points to rates staying higher for longer
The Federal Reserve held interest rates steady in a decision released Wednesday, while also indicating it still expects one more ...
