The Federal Reserve’s interest rate pause for December is pushing investors to turn their attention to 2024. In particular, speculation is now focused on whether a soft landing scenario can be sustained in the new year. EY Chief Economist Greg Daco joins Yahoo Finance anchors Brad Smith and Seana Smith to discuss major factors that could influence future Fed decisions on interest rates, like consumer spending and labor market data, and how regulators are looking to navigate next year’s economic environment. “The Fed’s candid pivot towards the fact that it will be adjusting monetary policy was very important. Now that’s behind us, this acknowledgment that inflation has been falling faster […]
This segment originally aired on December 5, 2023. As Wall Street attempts to predict the Fed’s 2024 monetary policy moves, Harris Associates Co-Head of Fixed Income Adam Abbas joins Yahoo Finance Live anchors Julie Hyman and Jared Blikre to analyze the central bank’s outlook and the key macro forces causing uncertainty. Abbas believes the Fed is weighing risks not just to inflation, but also broader economic risks in charting its 2023 course. He notes Tuesday morning’s JOLTS data did flag some slowing, proving threats remain even after recent progress on inflation. Given lingering risks, Abbas believes market expectations for cuts seem “too aggressive.” “I think if you show up late […]
Will there be a recession or not? It depends on who you ask. Raymond James CEO Paul Reilly (RJF) tells Yahoo Finance Live that he sees a soft landing ahead for the economy. “It’s hard to have a really big recession when everyone who wants to work can work and wages are going up, so I think the soft landing scenario is kind of where I would land,” Reilly says. Watch the video above to see what Reilly has to say about what a soft landing means for Raymond James. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. […]
The 2024 presidential election is only one year away. The U.S. economy has seen a multitude of headwinds, with much speculation of a potential recession. NYU Stern School of Business Professor Emeritus Nouriel Roubini joins Yahoo Finance Senior Columnist Rick Newman to discuss the possibilities of what the economy will look like as election season starts to heat up. Roubini warns: “Even a short and shallow recession will be very damaging for Biden, because a recession during an election year, of course, his popularity will further decline.” Click here to watch more from Yahoo Finance Invest. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb #youtube #interest rates #Trump #Biden About Yahoo Finance: At […]
#yahoofinance #federalreserve #interestrates #jeromepowell Federal Reserve Chair Jerome Powell announced an interest rate hike of 25 basis points on July 26, 2023. Wednesday’s rate hike will mark the 11th increase since March 2022 and brings the fed funds rate to the highest level in 22 years. The Fed now expects inflation to end the year closer to 4% up from 3.6% previously, nearly double the Fed’s inflation target. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription […]
#realestate #yahoofinance #interestrates #homebuyers The Fed’s interest rate hikes are putting pressure on potential homebuyers, pushing them out of housing markets more often than not. National Association of Home Builders (NAHB) CEO Jim Tobin highlights the state of the U.S. housing market as housing starts tumbled in June. Tobin considers himself “pro-home ownership” when advising Millennial-age consumers to consider buying a home amid elevated mortgage rates while characterizing the availability of homebuilding supplies as “a game of whack-a-mole.” Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you […]
#inflation #FederalReserve #youtube Exante Data Inc. Founder-CEO Jens Nordvig and Stephen Juneau, Bank of America Securities U.S. Economist spoke with Yahoo Finance’s Julie Hyman and Brad Smith about the June CPI report, inflation, and the outlook for Fed rate hikes. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. […]
#youtube #FederalReserve #yahoofinance Yahoo Finance anchors Julie Hyman and Diane King Hall spoke with Comerica Bank Chief Economist Bill Adams about inflation, the Fed, interest rates, and the outlook for a recession. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental […]
#federalreserve #youtube #stockmarket Invesco Chief Global Market Strategist Kristina Hooper, Great Hill Capital Chairman and Managing Member Thomas Hayes, and Fidelity Investments Vice President John Gagliardi sit down with Yahoo Finance Live’s Seana Smith to break down Fed Chair Powell’s outlook for rate hikes and what it means for markets and investors. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities […]
Fed Chairman Jerome Powell has indicated there could be more rate hikes in the future. Lee Munson, Portfolio Wealth Advisors President and CIO, joins Yahoo Finance Live to discuss what that means for investors. Munson also discusses investing in Japanese stocks amid its market boom. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed […]
