Jerome Powell

Economics

The Biggest Risk to a Soft Landing Might Just Be Jerome Powell

Photo by Federal Reserve Board of Governors via Public Domain Mark 1.0

Nearly 40% of 32 economists cited a “monetary policy mistake” as the “greatest downside risk to the U.S. economy over the next 12 months.”

2 min read
Finance

What’s Fueling the Market Rebound?

Photo by Federal Reserve Board of Governors via Public Domain Mark 1.0

The S&P 500, having recovered all its losses from earlier this month, sits just less than 2% away from the all-time peak it reached in July.

2 min read
Inflation & Prices

Will Cooling Inflation Spur a Fed Pivot?

Photo by J.Marca Executive via Public Domain Mark 1.0

Inflation cooled in May. So why isn’t the Federal Reserve slashing interest rates yet like other wealthy countries have done?

2 min read
Markets

Midday Market Brief: Nvidia Can’t Do All the Work

Photo by Jason Briscoe via Unsplash

The chipmaker was flat on Wednesday, and the other 499 stocks in the S&P 500 didn’t have enough oomph to drive the market higher.

1 min read
Inflation & Prices

Rent, Car Insurance Are Keeping Inflation High

Photo by Denys Nevozhai via Unsplash

Our new high-tech vehicles are becoming pricier to repair, and we’re getting in more accidents than ever before.

2 min read
Banking

SPAC-ish Group Sets its Sights on More Failed Banks

Photo by John McGehjee via CC0 1.0

Porticoes Capital has an FDIC-approved gateway to acquire lenders that are shutting down.

2 min read
Markets

The Rest of the Stock Market is Catching Up to Big Tech

Photo via Carvana Press

Persistent optimism about an economic soft landing has buoyed investors’ hopes about companies of all sizes.

1 min read
Inflation & Prices

Falling Housing Costs May Start Cooling Off Overall Inflation

Photo by Phil Hearing via Unsplash

While housing prices have skyrocketed in the past two years, the new year may bring a welcome relief to renters.

2 min read
Indicators

As Job Market Cools, Small Businesses Scramble for Employees

Photo by Tim Mossholder via Unsplash

As the country’s largest companies have begun slowing down hiring, small businesses are hanging up “Help Wanted” signs at a record pace.

2 min read
Inflation & Prices

Deflation Begins to Hit Durable Goods

Photo by Federal Reserve Board of Governors under Public Domain Mark 1.0

Slowing inflation usually means prices are rising, just not as fast as before. But now there is actual deflation.

2 min read
Finance

Wall Street is Pricing in Interest Rate Cuts

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Increasingly, Wall Street thinks we see rate cuts soon, according to a Wall Street Journal analysis published Monday.

2 min read
Indicators

US Retail Sales Dip in October, But It Could’ve Been Worse

(Photo by Magda Ehlers on Pexels)

According to the US Commerce Department released Wednesday, retail sales dipped slightly month-over-month in October, falling just 0.1%.

2 min read
Banking

Banking’s Fantastic Four Grab a Bigger Share of Industry Profits

(Photo by Kenny Eliason on Unsplash)

Of the roughly 4,400 operating banks in the US, nearly half of all banking profits in the third quarter came from just four.

2 min read
International Economics

Japan’s Central Bank Has an Unusual Foe: Inflation

(Photo by Jezael Melgoza on Unsplash)

After decades of trying — and failing — to stoke inflation, Japan has finally been gifted steadily rising prices.

2 min read
Economics

The Economy is Expected to Slow, Someday

(Photo by Blake Wisz on Unsplash)

The third quarter likely saw strong economic growth, which sounds like good news — unless you’re rooting for lower interest rates.

1 min read
Inflation & Prices

Pesky Oil Prices Are Messing With Fed’s Ability to Stick the Landing

(Photo by Federal Reserve Board of Governors under Public Domain Mark 1.0)

Federal Reserve chair Jerome Powell has met his match in the ongoing fight against inflation: skyrocketing oil costs.

2 min read
Economics

Fed Chair Plays Coy in Jackson Hole

(Photo by Federal Reserve Board of Governors via Flickr)

2 min read
Economics

Strong Economy is Flexing its Stamina

(Photo by Federal Reserve Board of Governors via Flickr)

2 min read
Economics

Jerome Powell Resumes His Rate Hike Campaign

(Photo by Federal Reserve Board of Governors via Flickr)

2 min read
Policy & Power

Powell Pranked by Putin Proponents

(Photo Credit: Simone Fontana/Flickr)

1 min read