#fed #federalreserve #interestrates #yahoofinance Thanks to several interest rate hikes, the Federal Reserve has been able to curb inflation and bring it closer to its 2% goal. However, as economic uncertainty remains, the debate over what the Fed do in the coming months rages on. Claudia Sahm, Sahm Consulting Founder and Lee Munson, Portfolio Wealth Advisors President & CIO join Yahoo Finance to discuss the Fed’s performance so far and weigh in on the central bank’s policy decisions going forward into 2024. Sahm argues the Federal Reserve should cut rates sooner than later as deflation has already begun, asking them to “get out of the way and look at the […]
The Federal Reserve announced Wednesday that it has decided to maintain interest rates in a range of 5.25%-5.50%. Federal Reserve Chairman Jerome Powell announced the decision this afternoon. Here are the top three takeaways investors need to know regarding the decision. 1. The Fed remains committed to return inflation to 2% (00:00:03) “Inflation is still too high. Ongoing progress in bringing it down is not assured, and the path forward is uncertain,” Powell said. “As we look ahead to next year, I want to assure the American people that we’re fully committed to returning inflation to our 2% goal.” 2. The Fed decided to maintain target range at 5.25-5.5% (00:00:39) […]
The Federal Reserve is expected to cut rates in 2024. The big question is: When in 2024? J.P. Morgan Asset Management Global Market Strategist Jack Manley doesn’t think it’s going to as early as some investors expect and that “volatility is the name of the game.” Manley thinks that in 2024 there will be room for “opening up the opportunity set a little bit and remembering there are 490+ names in the S&P 500 that haven’t done a whole lot of anything,” referencing the outperformance of the Magnificent Seven tech stocks. Manley says volatility will create a “ripe environment” for active management. Watch the video above to hear how Manley […]
Federal Reserve Chair Jerome Powell warned investors it’s ‘premature’ to conclude Fed rate hikes are over and that the central bank needs to see more evidence that inflation is on its way back to the Fed’s 2% target. Powell weighed in on the current state of the economy at Spelman College on Dec 1, 2023. #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #fed #federalreserve #rate #rates #ratehike #interestrates #jeromepowell #powell #speech #live
As the stock market surges, inflation cools, and consumer spending habits shift, many investors are betting that the Federal Reserve is done with interest rate hikes and are preparing for a soft landing scenario. Some experts are going so far as to say that the Fed will cut rates in 2024. Mahoney Asset Management CEO Ken Mahoney joins Yahoo Finance to discuss what investors need to pay attention to during periods of uncertainty and why cutting rates may not be in the Fed’s best interest. “A lot of people are talking about these rate cuts next year, I don’t see that. Again, I know Fed fund futures have shown by […]
Treasury yields are taking a bow and retreating below 5% rates as stocks dip on the backend of Fed Chair Jerome Powell’s comments to the International Monetary Fund on Thursday. The Wealth Alliance President and Managing Director Eric Diton explains what bond market moves and the status of the economy may mean for the trajectory of future interest rate policies. “Despite the strong 4.9 third-quarter GDP, which was really due to a low savings rate, that was an anomaly… the bottom line is I see a slowing economy but I do not see a recession,” DIton explains. For more expert insight and the latest market action, click here to watch […]
Allianz Chief Economic Advisor Mohamed El-Erian sat down for an interview with Yahoo Finance’s Julie Hyman to discuss what he wants to hear from Fed Chair Jerome Powell, the Fed’s inflation target, and more on October 19, 2023. #yahoofinance #finance #news #youtubeshorts #youtube #shorts #jeromepowell #federalreserve #fed #inflation #unitedstates #economy #stockmarket #ratehikes #ratehike #mohamed #mohamedelerian #economist #fed #outlook #2023
“Inflation appears to be holding steady according to the September CPI data. But what does the fresh inflation data and the Fed’s interest rate outlook entail for markets? Roth MKM Chief Economist and Macro Strategist Michael Darda examines the relationship between risks in the stock market and rising bond yields. “”Equities actually have not become cheaper relative to bonds, they have become more expensive because bond yields have gone up so much relative to an equity market that’s not much off of the highs of the year,”” Darda points out. 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 […]
Federal Reserve Chairman Jerome Powell spoke at the Jackson Hole Economic Symposium on Friday, August 25th. Yahoo Finance Reporter Jennifer Schonberger joined Yahoo Finance Live from Jackson Hole, WY, to share her key takeaways from the event, including Powell’s speech, the Fed’s diverging views, and President of the European Central Bank Christine Lagarde’s commentary. 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 […]
#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 […]
