Economy

Jackson Hole Preview: Goldman Sachs' comprehensive guide

Next week, the Federal Reserve's annual symposium at Jackson Hole will once again serve as a crucial event for economists and market participants alike.

Fed's Kashkari says it is appropriate to debate Sept rate cut: WSJ

Neel Kashkari, President of the Federal Reserve Bank of Minneapolis, told the Wall Street Journal (WSJ) that he would consider lowering interest rates at the central bank’s upcoming meeting, given t

August jobs data will determine size of Fed rate cuts: Evercore

The Federal Reserve's decision on how aggressively to cut interest rates in the coming months will largely depend on the upcoming August jobs report, according to Evercore ISI analysts.

Dovish risk into Jackson Hole event is that Powell suggests a 50bps rate cut: Citi

Federal Reserve Chair Jerome Powell is scheduled to speak at 10 AM on Friday at the Jackson Hole Symposium, where he is expected to hint at a widely anticipated rate cut at the September FOMC meeting.

Jackson Hole, US recession, DNC - what's moving markets

US recession risk easing, 'confident' Fed will cut by 25bps in Sept: Goldman Sachs

Goldman Sachs (NYSE:GS) economists have revised their 12-month U.S. recession probability down from 25% to 20%, citing recent economic data that shows no signs of a downturn.

Fed's Daly signals gradual rate cut path - Financial Times

Investing.com -- San Francisco Federal Reserve president Mary Daly has indicated a preference for a measured approach to lowering interest rates, as per a Financial Times report. Her stance suggests a

Soft August jobs report could sway fed to deliver supersized rate cut in September

Investing.com -- Expectations for a supersized rate cut in September has been running out of steam as recent economic data defogged the economic outlook showing that recession fears were much ado abou

Fed likely to cut but not rush: BofA

Bank of America (NYSE:BAC) analysts anticipate that the Federal Reserve will proceed cautiously with interest rate cuts, despite recent economic data supporting a gradual easing.

New tariffs on imports from China 'seem very likely’ in a second Trump term: GS

Fresh tariffs on imports from China “seem very likely in a second Trump administration,” Goldman Sachs (NYSE:GS) strategists said in a note, citing “clear” authority to impose them and “fair

Barclays warns of Japan-style recession risk for China

This article first appeared in Investing.com

Jackson Hole, Kroger price cuts, UK retail sales - what's moving markets

Powell to lay out case for 'orderly' September rate cut at Jackson Hole next week

Investing.com -- Fed Chairman Jerome Powell is likely lay out the case for rate cuts starting September when he takes to the stage at the annual central bank symposium in Jackson Hole, Wy., slated for

2024 looks reminiscent of 1970 and 2001 recession years: Piper Sandler

According to a recent analysis by Piper Sandler, the economic landscape in 2024 bears striking similarities to the recessionary periods of 1970 and 2001, with a few critical differences that could lea

Jackson Hole preview: What are the expected market implications

In a note published Thursday, Bank of America (NYSE:BAC) strategists provided a preview of the upcoming Jackson Hole (JH) symposium, which will be held from August 22-24. Hosted by the Federal Reserve

US economic data, Cisco, Walmart, UK growth - what's moving markets

Rate cuts likely in Sept., Nov., Dec., Macquarie says, as disinflation continues

Investing.com -- The duo of inflation reports released this week showed the disinflation trend is likely to continue, paving the way for the Federal Reserve to deliver three rate cuts this year starti

BoJ could hike rates again in December even if inflation trends sideways: Nomura

Investing.com -- The Bank of Japan is likely to lift interest rates again in December, Nomura expected, even if inflation trends sideways as the once sleepy central bank appears eager to move further

July CPI consistent with 25bp rate cut in September rather than 50bp: strategists

The consumer price index (CPI) report for July is “consistent with a 25bp rate cut rather than 50bp,” strategists at Capitol Economics said Wednesday.

US CPI, UBS results, UK inflation - what's moving markets