inflation

Economy

Powell Says Fed Could Start Scaling Back Stimulus This Year

August 27, 2021 Alyssa Comments Off on Powell Says Fed Could Start Scaling Back Stimulus This Year

WSJ.com: Federal Reserve Chairman Jerome Powell reaffirmed the central bank’s emerging plan to begin reversing its easy-money policies later this year while explaining in greater detail why he expects a recent surge in inflation to fade over […]

Economy

Central Bankers Must Choose: Kill Inflation or Keep the Recovery Alive?

August 26, 2021 Alyssa Comments Off on Central Bankers Must Choose: Kill Inflation or Keep the Recovery Alive?

Barrons.com The current global supply chain disruptions have become the best illustration of the conundrum that central bankers are facing today. Whether they are caused by the closure of a Chinese container port, the shortage of semiconductors, extreme […]

Economy

Here’s How Much Cash Retirees Really Need, According to Financial Advisors

August 18, 2021 Alyssa Comments Off on Here’s How Much Cash Retirees Really Need, According to Financial Advisors

CNBC.com: With inflation fears high and interest rates at rock-bottom lows, retirees may wrestle with how much cash they need during their golden years. The consumer price index, a key measure of inflation, increased by 5.4% […]

Inflation

Inflation Being Felt at ‘All Levels’: Wealth Adviser

August 12, 2021 RickMad Comments Off on Inflation Being Felt at ‘All Levels’: Wealth Adviser

FoxBusiness: UBS Financial Services private wealth advisor Alli McCartney joined FOX Business’ “Mornings with Maria” to discuss the rise of prices due to inflation on Thursday. She said inflation is felt at “all levels” and is temporary.  ALLI MCCARTNEY: […]

Economy

Dow Jumps 200 Points to New Record After Inflation Report is Not as Bad as Feared

August 11, 2021 Alyssa Comments Off on Dow Jumps 200 Points to New Record After Inflation Report is Not as Bad as Feared

CNBC.com: Stocks rose on Wednesday after inflation jumped, but not by quite as much as investors feared when stripping out volatile food and energy prices. The Dow Jones Industrial Average gained about 200 points, or […]

Economy

U.S. Economy Added 943,000 Jobs in July, Unemployment Rate Fell to 5.4%

August 6, 2021 RickMad Comments Off on U.S. Economy Added 943,000 Jobs in July, Unemployment Rate Fell to 5.4%

Wallstreetjournal.com: A strengthening U.S. labor market added cushion to the economic recovery in July ahead of the Delta variant threat, with employers creating jobs at the best pace in nearly a year and the unemployment rate […]

Covid 19

How Investors are Using Alternative Data to Track the Inflation Debate

August 4, 2021 Alyssa Comments Off on How Investors are Using Alternative Data to Track the Inflation Debate

MarketWatch.com: With the debate over inflation dominating financial markets as the global economy reopens from the COVID-19 pandemic, investors are turning to a number of so-called alternative-data sources in an effort to get a more […]

Federal Reserve

Cash Flood Drives Use of Fed Reverse Repo to Record $1 Trillion

July 30, 2021 RickMad Comments Off on Cash Flood Drives Use of Fed Reverse Repo to Record $1 Trillion

Bloomberg: An overabundance of cash in U.S. interest-rate markets has for the first time ever pushed the amount that investors are parking at a major central bank facility to more than $1 trillion. Eighty-six participants […]

Economy

Fed Holds Rates Near Zero, But Lifts Growth Outlook as US Economic Recovery Strengthens

March 17, 2021 RickMad Comments Off on Fed Holds Rates Near Zero, But Lifts Growth Outlook as US Economic Recovery Strengthens

FoxBusiness: Economic outlook has changed drastically since policymakers met at the end of January. The Federal Reserve said Wednesday that it would continue holding interest rates near zero and reaffirmed its commitment to other easing policies despite […]