Economy

RBNZ cuts interest rates by 25 bps citing inflation progress, weak growth

Investing.com-- The Reserve Bank of New Zealand unexpectedly cut interest rates on Wednesday, citing recent progress towards meeting its annual inflation target and as local economic growth remained w

US CPI Preview: Good, bad, ugly

The upcoming Consumer Price Index (CPI) release on Wednesday is poised to be a pivotal moment for financial markets, with potential outcomes ranging from "good" to "ugly," according to Sevens Research

Economy slowed by lagged impact of monetary policy, but recession still ways off

Investing.com -- The trend of disinflation remains intact and the economy is growing, albeit at a slower pace, driven by the lagged impact of monetary policy, suggesting a recession isn't on the horiz

'Investors now think Fed needs to cut harder to guarantee no recession': BofA

Bank of America (NYSE:BAC)'s August Global Fund Manager Survey reveals a shift in investor sentiment, with growing concerns about the Federal Reserve's role in preventing a potential recession.

US PPI, Trump's return to X, institutional investors - what's moving markets

US July inflation likely steady as Fed faces battle to justify higher rates: RBC

Investing.com -- U.S. inflation data due later this week is likely show that inflation "held steady" in July, RBC estimates, underpinned by a narrowing source of price pressures just as the Federal Re

Fed behind the curve, but it doesn't matter as there's room for policy response

Investing.com -- The Fed may be behind the curve on rate cuts, but worries about a U.S. recession are "overblown," Macquarie says, as the central bank has ample policy options to reverse course with l

This is now a labor-data first Fed, not an inflation-data first Fed: Evercore

According to Evercore ISI analysts, the Federal Reserve's focus has shifted from inflation data to labor data, fundamentally altering its approach to monetary policy.

Bank of America CEO calls for the Fed to start cutting rates

In a recent interview on CBS News' "Face the Nation," Bank of America (NYSE:BAC) CEO Brian Moynihan urged the Federal Reserve to consider lowering interest rates to prevent a potential economic downtu

UBS: US recession risk dropped to 53% in July

Morgan Stanley reiterates call for 25bps Fed rate cut in September

Morgan Stanley (NYSE:MS) on Monday reiterated its call for a 25 basis point rate cut by the Federal Reserve in September, maintaining a stance it has held consistently despite the recent global market

US CPI, retail earnings, UK inflation - what's moving markets

Fed abruptly ending balance sheet reduction in September is unlikely: Citi

It is unlikely that the Federal Reserve will abruptly announce a balance sheet reduction ending in September or earlier, Citi economists said in a Wednesday note.

The table is set for rates to go lower: Fed's Schmid

Jeff Schmid, the President of the Kansas City Federal Reserve Bank and one of the more hawkish policymakers at the U.S. central bank, stated on Thursday that recent "encouraging" data has increased hi

US futures, Disney, Chinese inflation, EV sales - what's moving markets

S&P 500 correction like not over: strategists

Investing.com -- Amid heightened market volatility, investor newsletter Stock Trader's Almanac is warning that the recent pullback in the S&P 500 may not be over. With comparisons being drawn to past

Fed has 'some time' to assess slowdown in economy, Fed's Barkin says

Investing.com -- Richmond Fed president Thomas Barkin on Thursday downplayed calls for urgent rate-cutting action, and said the Fed has time to wait to assess the pace of slowing in the economy.

Barkin says Fed 'some time' to assess slowdown in economy amid normalizing growth

Investing.com -- Richmond Fed president Thomas Barkin on Thursday downplayed calls for urgent rate-cutting action, and said the Fed has time to wait to assess the pace of slowing in the economy.

July inflation seen ticking higher but still good enough for Fed cuts: BofA

The consumer price index (CPI) data for June surprised to the downside but some of that surprise should reverse in July, Bank of America (NYSE:BAC) economists said in a Thursday note.

JPMorgan now sees a 35% chance of US recession this year

JPMorgan (NYSE:JPM) has adjusted its probability of a U.S. recession this year to 35%, up from 25% in its midyear outlook, the Wall Street giant revealed in a Wednesday report.