Economy

Fed higher for longer stance may force intermeeting cuts: Evercore ISI
August 06, 2024 07:30 AM AEST| By InvestingInvesting.com -- The longer the Fed clings onto its higher for longer policy stance, the greater the risk that it may fall behind the curve and be forced to cut in between Fed meetings.

Banks loosen lending standards in Q2, Fed survey shows
August 06, 2024 04:28 AM AEST| By InvestingInvesting.com -- Loan officers at major banks eased lending standards in the second quarter of the year, according to the Fed’s July Senior Loan Officer Opinion Survey, released on Monday.

What is the Sahm Rule and are investors right to be worried?
August 06, 2024 12:15 AM AEST| By InvestingGlobal stock markets faced an air pocket on Monday, leading investors to rely on the "Sahm rule," a highly accurate recession indicator, to assess whether the U.S. economy is in recession.

Chicago Fed President Austan Goolsbee to speak on CNBC
August 05, 2024 11:18 PM AEST| By InvestingChicago Federal Reserve President Austan Goolsbee stated on Monday that the central bank is prepared to respond to signs of economic weakness, hinting that current interest rates may be too prohibitiv

Markets are getting ahead of the Fed: BofA
August 05, 2024 07:58 PM AEST| By InvestingThe latest jobs data has heightened fears that the US economy is facing a downturn, leading to debates among investors that the Federal Reserve may need to accelerate its rate-cutting plans in order t

Goldman: Recession risk limited, see three rate cuts this year
August 05, 2024 07:24 PM AEST| By InvestingEconomists at Goldman Sachs (NYSE:GS) updated their rate cut forecasts following last week's weak jobs report, but believe the recession risks for the U.S. economy are limited.

Slumping US futures, Nikkei's hefty fall, Bitcoin weakness - what's moving markets
August 05, 2024 06:28 PM AEST| By Investing
RBA preview: rate hike unlikely, but hawkish hold on tap amid sticky inflation
August 05, 2024 02:50 PM AEST| By InvestingInvesting.com-- The Reserve Bank of Australia is widely expected to keep interest rates unchanged at the conclusion of a meeting on Tuesday, especially after recent inflation data showed mild cooling.

Recession fears? Much ado about nothing
August 03, 2024 07:32 AM AEST| By InvestingInvesting.com -- The weaker July nonfarm payrolls had many hitting the panic button on risk assets and calling for a Fed rescue with aggressive rate cuts in upcoming meetings, but some experts flag di

Wall Street strategists rush to adjust Fed calls after a weak jobs report
August 03, 2024 12:34 AM AEST| By InvestingThis article first appeared in Investing.com

Intel stock crashes 27% as Q2 misses estimates on margin concerns, poor guidance
August 02, 2024 11:52 PM AEST| By InvestingInvesting.com -- Intel stock plummeted sharply after the chipmaker on Thursday suspended its dividend and said it expected a loss in the third quarter after reporting Q2 results that fell short of est

New Middle East crisis could trigger a big spike in volatility warns BCA Research
August 02, 2024 09:54 PM AEST| By InvestingMarket volatility is expected to spike again as investors begin to take into account the prospect of rising oil prices amid the latest Middle East crisis and slowing global economic growth, strategist

Intel stock crashes 22% as Q2 misses estimates on margin issues, poor guidance
August 02, 2024 07:14 PM AEST| By InvestingInvesting.com -- Intel stock fell significantly after the chipmaker on Thursday suspended its dividend and said it expected a loss in the third quarter after reporting Q2 results that fell short of es

Payrolls, slumping stocks, Apple, Amazon - what's moving markets
August 02, 2024 06:16 PM AEST| By Investing
RBA no longer expected to hike rates in 2024, but cuts also unlikely- Rabobank
August 02, 2024 10:36 AM AEST| By InvestingInvesting.com-- The Reserve Bank of Australia is no longer expected to hike interest rates in 2024 following some signs of easing inflation in the second quarter, Rabobank analysts said, although chan

Intel suspends dividend as Q2 results miss estimates on margin woes; shares slump
August 02, 2024 06:22 AM AEST| By InvestingInvesting.com -- Intel on Thursday suspended its dividend and said it expected a loss in the third quarter after reporting Q2 results that fell short of estimates amid margin pressures as the chipmake

Fed to cut in September, December, Macquarie says, amid fresh recession jitters
August 02, 2024 05:54 AM AEST| By InvestingInvesting.com -- The Federal Reserve is widely expected to deliver its first rate cut next month and followed it up by cutting again in December to ensure the economy remains on track for a soft landi

Goldman Sachs sees below-consensus July jobs report
August 01, 2024 09:07 PM AEST| By InvestingFollowing a largely anticipated statement from the Federal Open Market Committee (FOMC) on Wednesday, the market focus has now shifted to the upcoming employment report due on Friday. Economists and a

Bank of England cuts base rate by 25 bps to 5.0%
August 01, 2024 09:04 PM AEST| By Investing
Fed guidance, BOE, Meta's results, Apple - what's moving markets
August 01, 2024 06:36 PM AEST| By Investing
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