Fed lowers inflation forecast for 2024, seeing core PCE falling to 2.4%
Federal Reserve Board Chairman Jerome Powell answers a question during a press conference following a closed two-day meeting of the ...
Tag: Wall Street
Wall Street loves to guess, but nobody knows what the market will do in 2024
New York: Wall Street strategists are issuing forecasts for the performance of the stock market in 2024.Pay them no mind.The ...
Swiss regulator calls for more powers after Credit Suisse collapse
Axel Lehmann, chairman of Credit Suisse Group AG, Colm Kelleher, chairman of UBS Group AG, Karin Keller-Sutter, Switzerland's finance minister, ...
Fed sparks irrational market optimism over potential rate cuts, former FDIC Chair Sheila Bair warns
Market optimism over the potential for interest rate cuts next year is dangerously overdone, according to former FDIC Chair Sheila ...
This ETF offering could become next year’s hot product
BNY Mellon's global head of ETFs suggested exchange-traded funds using options overlays could become next year's hot product."We are absolutely ...
Fed’s shrinking balance sheet is worrying a key corner of US financial markets
As markets staged a monster rally following the Federal Reserve’s shift toward loosening monetary policy, one corner of the financial ...
Fed’s John Williams says the central bank isn’t ‘really talking about rate cuts right now’
New York Federal Reserve President John Williams said Friday rate cuts are not a topic of discussion at the moment ...
Friday’s S&P 500 and Nasdaq-100 rebalance may reflect concerns over concentration risk
It's arguably the biggest stock story of 2023: a small number of giant technology companies now make up a very large ...
DoubleLine’s Jeffrey Gundlach says 10-year Treasury yield will fall to 3% next year
Jeffrey Gundlach speaking at the 2019 SOHN Conference in New York on May 6, 2019.Adam Jeffery | CNBCDoubleLine Capital CEO Jeffrey ...
Warren Buffett’s Berkshire Hathaway continues to sell HP shares, reducing stake to 5.2%
Warren Buffett tours the floor ahead of the Berkshire Hathaway Annual Shareholder's Meeting in Omaha, Nebraska.David A. Grogan | CNBCWarren ...
