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Trump's 25% Auto Tariffs Rattle Wall Street, Fed's Favorite Inflation Gauge Surges, Consumer Price Worries Rocket: This Week In Markets
Friday, March 28, 2025 - 4:55pm | 536Risk sentiment deteriorated sharply in the second half of the week after President Donald Trump announced sweeping tariffs on imported automobiles, compounding concerns about rising inflationary pressures. On Wednesday evening, the White House revealed plans to impose a 25% tariff on auto imports,...
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Apple Shares Are Trading Higher Today: What You Need To Know
Wednesday, September 18, 2024 - 5:20pm | 543Apple Inc. (NASDAQ:AAPL) shares are moving higher Wednesday. Here’s what you need to know. What To Know: In significant economic development, the Federal Reserve instituted a 50 basis points cut, bringing the federal funds rate to 4.75%–5%. This unexpected move, marking the first rate...
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Wall Street Veteran Who Predicted The 2000 Tech Bubble, 2008 Subprime Crisis, Doubts Fed's Ability To Sidestep Looming Recession
Friday, August 18, 2023 - 4:25pm | 425Jeremy Grantham, a Wall Street veteran, voiced skepticism over the Federal Reserve’s optimism in sidestepping an impending recession. Grantham, known for his often bearish market predictions, expressed these concerns in a recent conversation with David Rubenstein for Bloomberg Wealth. "...
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Brace for Impact: These 5 Overvalued Stocks Face Bearish Pressure In Impending Market Reversal
Tuesday, June 20, 2023 - 1:34pm | 1194The U.S. stock market began on Tuesday (June 20) to show the first signs of a reversal from the impressive surge that began in early May as investors worry about the future path of monetary policy ahead of impending Federal Reserve Chair Jerome Powell’s testimony before the U.S. Congress. A...
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Fed Pauses Interest Rates: A Short-Lived Break — Or The End For The Hiking Frenzy? 5 Economists React
Wednesday, June 14, 2023 - 5:09pm | 835The Federal Reserve opted to hold interest rates steady at its June FOMC meeting, as widely expected by the market. The Fed also signaled in its revised economic forecasts that additional rate hikes may still be on the horizon for this year. The move initially caught the markets by surprise, with...
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Musk Expresses Concern Over Federal Reserve's Decision-Making Latency Impacting Broader Economy
Tuesday, May 16, 2023 - 7:18pm | 635Tesla Inc (NASDAQ: TSLA) CEO Elon Musk shared his concerns about the Federal Reserve's monetary policy, stating that the institution has been too slow to increase interest rates and will likely be too slow to decrease them in the upcoming months. In a conversation with CNBC's David Faber on...
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The US Economy On A Tightrope With Continuing Bank Crisis, Company Bankruptcies: More Economic Updates Coming Next Week From Government
Friday, April 28, 2023 - 4:05pm | 578The S&P 500 logged a weekly gain following the release of encouraging inflation data and a weaker-than-expected first-quarter economic growth report. On Friday, the Bureau of Economic Analysis reported the personal consumption expenditures price index increased by 4.2% year-over-year in the...
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Investors Want Lower Interest Rates But The Federal Reserve Doesn't: Here's Why
Wednesday, February 1, 2023 - 1:26pm | 541Many investors hoped by now the Federal Reserve would consider interest rate cuts, which could kick off a new bull market. But, various factors now indicate the Fed will continue to raise rates, likely delaying the market any significant upward movement. Why The Fed Won’t Start...
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BENZINGA TV EXCLUSIVE: When Will The Fed Stop Hiking Interest Rates?
Thursday, September 29, 2022 - 3:58pm | 209On today's (Sept. 29) episode of the "Stock Market Movers," host Mitch Hoch speaks to Lance Robert, chief strategist for RIA Advisor, to find out his thoughts on the bear market, Fed hikes and the Bank of England. Stock Market Movers is all about covering the top stock market...
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Will The Fed Funds Rate Continue To Go Up? Fed Officials Weigh In On How To Reduce Inflation
Wednesday, September 7, 2022 - 6:58pm | 1445The Federal Reserve is back on center stage as high inflation continues to drill holes in the pockets of Americans. What Happened On Wednesday, the Fed released its Beige Book for September, sharing an official analysis of the economic conditions and prospects of the country. Several...
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Why BlackRock's Investment Guru Expects The Fed To Stay Aggressive Despite Market Bounce
Thursday, August 11, 2022 - 12:23pm | 411BlackRock Inc (NYSE: BLK) Chief Investment Officer Rick Rieder says the firm believes the Fed will raise rates by another 75-basis points in its September Federal Open Market Committee (FOMC) meeting: here’s why. The Data: The Labor Department issued its July consumer price...
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BlackRock Says There Is No 'Soft-Landing': Central Banks Will Have To Plunge Economy Into A Deep Recession To Stop Inflation
Tuesday, August 9, 2022 - 3:14pm | 535In the current uncertain macroeconomic environment, the world's largest asset manager, BlackRock Inc (NYSE: BLK), predicts there won't be a "soft landing" and prefers to be overweight investment grade (IG) credit over standard equities. For the uninitiated, IG ...
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Why Bill Ackman's Got A Bone To Pick With The Fed
Tuesday, May 24, 2022 - 5:27pm | 423One hedge fund manager took to Twitter Inc (NYSE: TWTR) on Tuesday to express serious inflation concerns and the potential consequences of inaction. What Happened: Pershing Square's Bill Ackman called out the Federal Reserve for its inability to recapture investor...
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Which Federal Reserve Members Move The Markets Most With Their Public Comments?
Friday, April 22, 2022 - 2:01pm | 620When Federal Reserve members talk, investors listen. Some Fed members understandably tend to move the stock market more than others. Federal Reserve Structure: The Federal Reserve consists of the Board of Governors, the Federal Reserve Banks and the Federal Open Market Committee, or FOMC. The Board...
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How The Fed's Rate Increase Will Affect You
Thursday, March 17, 2022 - 1:35pm | 547The latest Federal Open Market Committee (FOMC) minutes released this week suggest the potential for seven interest rate hikes in 2022. Wall Street and economics gurus love to make a fuss over the timing and potential implications of interest rate changes, but not every American is a bond trader,...