Powell says U.S. economy can handle the additional rate hikes that are coming

Federal Reserve Chairman Jerome Powell on Wednesday pushed back against economists who argue that aggressive Fed interest-rate hikes have increased the odds of a recession or hard landing for the…

Money moves to make before the Federal Reserve hikes rates

Chairman of the Federal Reserve Jerome Powell (left) meets with President Joe Biden in the Oval Office on May 31, 2022. Saul Loeb | AFP | Getty Images The Federal…

Fed Hikes 75 Basis Points, Powell Says 75 or 50 Likely in July

(Bloomberg) — The Federal Reserve raised interest rates by 75 basis points — the biggest increase since 1994 — and Chair Jerome Powell said officials could move by that much…

Treasuries Dare Fed to Step Up Hikes or Risk Inflation Defeat

(Bloomberg) — Treasury traders are throwing down the gauntlet to a Federal Reserve that’s fallen further behind in its fight to cool the hottest inflation in four decades. Most Read…

Money moves to make before the Fed hikes interest rates again

The Federal Reserve is among Western central banks fighting stubbornly high inflation. Xinhua News Agency | Xinhua News Agency | Getty Images For the first time in years, Americans are…

Bank of America Strategists Warn Fed Hikes in Pricey Market to End Poorly

(Bloomberg) — Optimists expecting the stock market to weather the rate-hike cycle as they’ve done in the past are missing one important detail, according to Bank of America Corp.’s strategists.…

Property sector is most ‘zombified,’ rate hikes will be risky: Kearney

There’s a “big risk” of real estate companies filing for insolvency when interest rates rise, according to a partner at consulting firm Kearney. Nils Kuhlwein pointed out that the global…

Morgan Stanley CEO Calls for Fed Rate Hikes

(Bloomberg) — Morgan Stanley Main Government Officer James Gorman is girding for fee hikes, and he suggests marketplaces are all set for them. Most Read through from Bloomberg “You’ve bought…

Signet Jewelers to buy Diamonds Direct; hikes outlook before holidays

Signage for Kay Jewelers, a subsidiary of Signet Jewelers Ltd., is shown on the exterior of a retail store in New York. Bloomberg | Bloomberg | Getty Photographs Signet Jewelers…

Nvidia Stock Got Two Price Target Hikes. The Market Shrugged.

Two Wall Street analysts raised their value targets on Nvidia but the inventory declined as momentum for the the moment pink-warm shares of the graphics-chip maker continued to great this…