federal reserve

At Least 7 Major Economies Will Hit Recession in Next 12 Months, Nomura Says

Text size The Federal Reserve’s Jerome Powell will err on the side of more rate hikes for now, but will have to cut rates starting next year, Nomura says. Barron’s Advisor; Getty Images; Dreamtime Six major to falling will join the US in recession in the coming year, according to new research by Nomura . …

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Central Bankers Talk Tough on Interest Rates. That Could Change if Markets and Economies Don’t Perk Up.

Text size European Central Bank chief Christine Lagarde doubts that “we are going back to that environment of low inflation” that existed prior to the Covid-19 pandemic. Ronald Wittek/Pool/EPA-EFE/Shutterstock Former Federal Reserve Chairman Ben Bernanke contends that monetary policy is 98% talk. Central bankers are supposed to communicate goals they want the public and markets …

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Stocks Had a Nasty 6 Months. The Second Half Could Be Ugly Too.

Text size Bond markets are pricing in significant additional interest-rate hikes this year, but some stock analysts’ earnings forecasts remain optimism. Michael Nagle/Bloomberg It was a first half destined to haunt investors. The past six months were historically bad for stocks, bonds, cryptocurrencies, and practically every other asset class outside of commodities. Despite its late …

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The Latest Inflation Data Is (Mildly) Good News for the Fed

Fed chief Jerome Powell, shown testifying before a House panel last week, may not have to raise rates as aggressively at coming meetings as some inflation data are showing signs of peaking. Win McNamee/Getty Images Text size Federal Reserve Chairman Jerome Powell gave two clear reasons why the central bank raised interest rates by 0.75 …

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