Federal Reserve Chair Jerome Powell weighed in on bitcoin and digital assets in testimony before the House Financial Services Committee on March 7, 2024. #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #investingforbeginners #investing #stockmarket #stocks #fed #federalreserve #federal #reserve #jeromepowell #powell #2024 #speech #testimony #congress #useconomy #digitalcurrency #bitcoin #central #centralbank
Cleveland Federal Reserve President Loretta Mester discusses her expectations concerning future interest rate cuts by the Federal Reserve and details what economic data points she considers when giving input on that decision. Mester joined Yahoo Finance Live on February 29th, 2024. #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #investingforbeginners #investing #stockmarket #stocks #stockoptions #stockoptionstrading #fed #federalreserve #rate #ratecut #ratecuts #jeromepowell #powell #federal #2024 #outlook
#youtube #stockmarket #finance Treasury Yields (^TNX, ^TYX, ^FVX) are pushing higher after the Personal Consumption Expenditures (PCE) Index for December 2023 showed inflation continuing to cool. Considered one of the Federal Reserve’s preferred inflation gauges, the reading fell below 3% for the first time since March of 2021. Yahoo Finance Fed Reporter Jennifer Schonberger joins the Live show to discuss the recent PCE data and what that potentially means for the Fed’s next interest rate policy decision. About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. – Get the […]
One of the big questions on Wall Street: When will the Federal Reserve start cutting interest rates. Fed leadership continues to keep an open mind as economic headwinds also continue to develop. The New York Times Columnist Paul Krugman joins Yahoo Finance to give insight into the Fed’s potential decisions and why he feels its time for the central bank to start cutting rates. Krugman affirms: “It’s definitely time for the Fed to cut rates. I’d like to compare that the economic numbers look a lot like they did in late 2019. The unemployment rate is about the same. The underlying inflation is just slightly higher, but very close to […]
December’s jobs report added another piece to the inflation puzzle for the Federal Reserve. With many moving parts, including 2023’s job growth, it’s becoming harder for Wall Street to truly know how the Fed will decide its next monetary policy move. PNC Asset Management Chief Investment Strategist Marc Dizard joins Yahoo Finance to give investors insight into managing a portfolio during times of uncertainty and how the timing of the Fed’s interest rate decision may be just as important as the move itself. “We’re running, I’ll say a slightly defensive playbook. So when I think of how to allocate portfolios right now, this isn’t the moment in time that we’re […]
December’s jobs report came in hotter than expected with the US adding 216,000 jobs, topping estimates of 175,000. While good news for some, this makes the Federal Reserve’s job a bit more difficult in terms of slowing the economy down to rein in inflation. Eugenio Alemán, Raymond James Chief Economist, joins Yahoo Finance to give insight into the jobs report data and how this will affect the Fed’s policy decisions going forward. Aelmán explains : “The jobs market is still very strong. That creates issues for the Fed because it is always the case that the job market could potentially remain too strong for inflation going forward. For now, the […]
As the stock and bond markets are off to a rough start in 2024, minutes from the Federal Reserve’s last FOMC meeting illustrate the possibility that interest rates will peak this year. Innovator Capital Management Head of Research & Investment Strategy Tim Urbanowicz examines how sustainable the Fed’s inflation goals will be. “The one thing that we need to keep in mind right now is that humility is the most important attribute above all,” Urbanowicz tells Yahoo Finance on the great degree of uncertainty seen across the past several years’ economic environment. “We’ve seen spurts of inflation before but we’ve never seen inflation that has been triggered by a pandemic […]
Richmond Federal Reserve President Tom Barkin spoke in North Carolina on Wednesday morning saying “A soft landing is increasingly conceivable, but in no way inevitable.” Many on Wall Street are patiently awaiting the Fed’s next move. Matthew Luzzetti, Deutsche Bank Chief US Economist joins Yahoo Finance to discuss what he expects from the Fed in terms of its next move and how the economy may react. “Our baseline is that the Fed begins to cut rates in June, that they cut rates by 175 basis points over the course of the year. That’s a little bit delayed relative to market pricing at the moment. It was quite aggressive relative to […]
The Federal Reserve has been at the center of much of the discussion throughout Wall Street for 2023, speculating the nature of monetary policy decisions and their forward impacts. The discussion persists into 2024 as inflation appears to be cooling down, and it becomes increasingly likely the Fed plans to cut interest rates. GLOBALT Investments Senior Portfolio Manager Keith Buchanan and Interactive Brokers Chief Strategist Steve Sosnick join Yahoo Finance to discuss the Fed’s potential next moves and some of the factors that could indicate a soft landing for the economy in 2024. Buchanan mentions financials as one sector that could deal with most scenarios: “We’re looking selectively, we’re warming […]
#fed #federalreserve #interestrates #yahoofinance The Federal Reserve is maintaining a policy of keeping rates higher for longer. With inflation cooling, many on Wall Street now think the Fed will start rate cuts as early as May 2024. Former Kansas City Fed President Esther George joins Yahoo Finance to weigh in on the Fed’s policies and the outlook for inflation going forward. George comments on the potential of the Fed’s next move: “As we’ve seen, coming out of that last FOMC meeting, there was a tremendous response of anticipating rate cuts and I think the caution for me, is that the Fed is not at its 2% target. They are being […]
