Jerome Powell
Leon Cooperman says market bottom is not in as Trump has decided a recession is best way to lower rates
Investors should buckle up as the worst is yet to come, according to billionaire investor Leon Cooperman . The chair and CEO of the Omega Family Office believes President Donald Trump’s tariffs are a “mistake” and they will tip the U.S. economy into a recession and lower interest rates in the process. “I think there’s […]
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Powell sees tariffs raising inflation and says Fed will wait before further rate moves
US Federal Reserve Chair Jerome Powell holds a press conference after the Monetary Policy Committee meeting, at the Federal Reserve in Washington, DC on March 19, 2025. Roberto Schmidt | Afp | Getty Images Federal Reserve Chair Jerome Powell said Friday that he expects President Donald Trump’s tariffs to raise inflation and lower growth, and […]
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China invites U.S. business leaders to Beijing as it tries to gauge Trump’s plans
Attendees pose for a group photo before the opening ceremony of the China Development Forum 2025 at the Diaoyutai Guesthouse on March 23, 2025, in Beijing. China News Service | China News Service | Getty Images BEIJING — China courted the executives of major U.S. businesses at an annual conference this week in a sign […]
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Morgan Stanley’s near-term rally call: CIO Mike Wilson sees beaten-up Mag 7 stocks as winners
Morgan Stanley’s Mike Wilson sees a meaningful rotation back into U.S. stocks, and he sees one beaten-up group as a winner. “It started out with a low-quality rally, which is what we expect – meaning a short squeeze,” the firm’s chief investment officer told CNBC’s “Fast Money” on Monday. “Then, what we noticed is the […]
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‘Some more banana skins in front of us’: Why investors may want to increase exposure to bonds
ETF Edge ‘Some more banana skins in front of us’: Why investors may want to increase exposure to bonds Published Sat, Mar 22 202511:00 AM EDT Yaritza Diaz WATCH LIVE Source
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Stock futures are little changed as S&P 500 aims to snap four-week losing streak: Live updates
Traders work on the floor of the New York Stock Exchange (NYSE) on March 19, 2025. Angela Weiss | Afp | Getty Images U.S. stock futures traded near the flatline Thursday night after an attempt at extending Wednesday’s Federal Reserve-fueled rally failed. Futures tied to the S&P 500 inched up 0.1%. Dow Jones Industrial Average […]
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S&P 500 seesaws as benchmark tries to continue comeback from monthlong rout: Live updates
Traders work on the floor at the New York Stock Exchange on March 20, 2025. Brendan McDermid | Reuters The S&P 500 fell on Thursday as the index attempted to build on the previous session’s strong gains, while some solid housing data assuaged some concerns about the U.S. economy falling into a recession. The S&P […]
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‘Transitory’ is back as the Fed doesn’t expect tariffs to have long-lasting inflation impacts
The “good ship Transitory,” despite an ominous record, appears ready to sail again for the Federal Reserve. Economic projections the central bank released Wednesday indicate that while officials see inflation moving up this year more rapidly than previously expected, they also expect the trend to be short-lived. The outlook spurred talk again about “transitory” inflation […]
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Fed decision recap: Powell says tariffs could delay progress on lowering inflation
Wed, Mar 19 20253:10 PM EDT Weaker growth, higher inflation ‘balance each other out’ in Fed forecast, Powell says U.S. Federal Reserve Chair Jerome Powell speaks at a press conference, following a two-day meeting of the Federal Open Market Committee on interest rate policy, in Washington, D.C., U.S., March 19, 2025. Nathan Howard | Reuters […]
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