ImageJerome Powell, the chair of the Federal Reserve, in September.Credit…Stefani Reynolds for The New York Times By Jeanna Smialek and Alan Rappeport Jerome H. Powell, the Federal Reserve chair, will tell lawmakers on Tuesday that inflation is likely to last well into next year and that the new Omicron variant […]
Inflation
Stock futures dipped Tuesday evening, holding lower following an extended rout in technology stocks. Investors also anxiously awaited a packed slate of economic data results out Wednesday before a holiday market closure. Rising interest rates coincided with a selloff in tech and growth stocks for a second day this week, […]
Republicans have been baselessly proclaiming the Make Again Far better careers proposal will worsen inflation. For months, Republican lawmakers have asserted — with no proof — that President Joe Biden’s financial investment strategies will make inflation worse. On Tuesday, two main economical investigation products and services predicted they will not. […]
The writer is president of Queens’ College, Cambridge and an adviser to Allianz and Gramercy After again, a greatly watched inflation information launch surprises on the upside. As soon as again, the fundamental drivers of inflation continue on to broaden. When all over again, it is the most susceptible segments […]
As investors awaits facts of when and how the Federal Reserve options to taper its massive monetary stimulus — and with inflation managing as scorching as at any time — at minimum just one investor thinks the market is probably to pull back again from documents as the central financial […]
Stock futures gained on Wednesday as investors digested new earnings data and awaited a key inflation report, which will help show the extent to which rising prices have weighed on the economic recovery and corporate profits. Third-quarter earnings season picked up, with notable companies including JPMorgan Chase (JPM) and BlackRock […]