Fed’s Mester sees benchmark rate earlier mentioned 4% and no cuts at least by way of 2023

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Cleveland Federal Reserve President Loretta Mester mentioned Wednesday she sees benchmark desire prices climbing above 4% by early future 12 months.
Mester anticipates the charge will increase to gradual financial expansion, which she sees as working “perfectly underneath 2%.”

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Finance

The AI race between China and the U.S. heats up. These stocks could be winners, Bernstein says

March 22, 2026

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Finance

SEC Commissioner Hester Peirce on ETFs: ‘We want to work with people on new products’

March 21, 2026

ETF Edge SEC Commissioner Hester Peirce on ETFs: ‘We want to work with people on new products’ Published Sat, Mar 21 202611:00 AM EDT Blair Bao WATCH LIVE Source

Finance

Small cap-focused Russell 2000 becomes the first of major U.S. benchmarks to enter correction territory this year

March 20, 2026

Key Points The Russell 2000 has fallen more than 10% off its recent high, becoming the first of the major U.S. benchmarks to fall into correction territory this year. A correction is defined as a decline of more than 10% and less than 20% from a recent high. Small caps are especially sensitive to changes […]