Inflation came in hotter than expected on Thursday, but we are still talking about rate cuts in 2024! The 10-year yield had a mild reaction to today’s data, increasing a few basis points... Read more »
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Closing Bell: Overtime Bill Shopoff, Shopoff Realty CEO, joins ‘Closing Bell Overtime’ to talk the state of real estate... Read more »
A shopper carries several bags in the Magnificent Mile shopping district of Chicago on Dec. 2, 2023. Taylor Glascock | Bloomberg | Getty Images The U.S. economy has remained remarkably strong but... Read more »
Today’s inflation reports show that Federal Reserve rate cuts are in play in 2024 — not because of the labor market breaking, but because real rates are too high. If the labor... Read more »
After today’s jobs report, which showed unemployment at 3.7%, it’s now clear that the Federal Reserve does not need to create a job-loss recession to bring down the growth rate of inflation.... Read more »
Federal Reserve Chair Jerome Powell expressed uncertainty about the central bank’s success in tackling inflation, emphasizing the ongoing challenges. Powell, addressing an International Monetary Fund audience, revealed the Federal Open Market Committee’s... Read more »