Economy

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

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.