Catenaa, Thursday, May 08, 2025- Asian stocks rose moderately on Thursday after the US Federal Reserve kept its interest rates unchanged as expected by the market and Wall Street finishing high. Japan’s benchmark Nikkei 225 edged up 0.5% in afternoon trading, Australia’s S&P/ASX 200 added 0.24%, South Korea’s Kospi rose 0.5%, Hong Kong’s Hang Seng […]
Catenaa, Thursday, July 31, 2025- The US Federal Reserve’s preferred inflation gauge showed price increases accelerated in June as inflation remained above the Fed’s 2% target. The “core” Personal Consumption Expenditures (PCE) index, which strips out food and energy costs and is closely watched by the central bank, rose 0.3% from the prior month, in […]
Catenaa, Thursday, April 24, 2025- US Federal Reserve sees no urgency in changing policy rates and seeks more clarity to determine the impact of Trump’s tariffs on the economy. Federal Reserve Governor Christopher Waller said in a Bloomberg interview on Thursday that given the tempo at which the Trump administration’s import taxes shift, it wouldn’t […]
Catenaa, Thursday, May 22, 2025- JPMorgan Chase Chairman Jamie Dimon said stagflation risk can’t be ruled out for the US economy as the country faces huge risks from geopolitics, deficits and price pressures. Speaking to Bloomberg on the sidelines of the lender’s Global China Summit in Shanghai on Thursday, he said they don’t agree that […]
Catenaa, Thursday, August 21, 2025- Most US Federal Reserve officials highlighted inflation risks as outweighing concerns over the labor market at their meeting last month. Officials acknowledged worries over higher inflation and weaker employment, but a majority of the 18 policymakers in attendance “judged the upside risk to inflation as the greater of these two […]
Catenaa, Friday, August 22, 2025- US Federal Reserve Chair Jerome Powell on Friday said that sweeping changes in tax, trade and immigration policies have resulted in the shifting of the balance of risks between employment and stable prices. In his much-anticipated speech at the Fed’s annual conclave in Jackson Hole, Wyoming, the central bank leader […]
Catenaa, Thursday, September 18, 2025- The US Federal Reserve Chair said that there are no risk-free paths as the Fed struggles between maximizing employment and having a neutral monetary policy. “There are no risk-free paths now,” said Chair Jerome Powell at the press conference on Wednesday. “It is quite a difficult situation for policymakers.” In […]
Catenaa, Wednesday, April 16, 2025- US Federal Reserve Chair Jerome Powell said tariffs are highly likely to generate at least a temporary rise in inflation in the US, while the economy is still stable despite uncertainty. In a speech to the Economic Club of Chicago, Powell said that tariffs imposed by President Trump are highly […]
Catenaa, Thursday, May 15, 2025- US Federal Reserve Chair Jerome Powell said on Thursday that the US may be entering a period of more frequent supply shocks and volatile inflation, with economic uncertainty. “A critical question is how to foster a broader understanding of the uncertainty that the economy generally faces,” Powell said in his […]
Catenaa, Friday, September 12, 2025- The Russell 2000, home to some of the riskiest stocks on the market, has been on a tear, jumping almost 10% since the end of July, doubling the advance of the S&P 500. Data compiled by Bloomberg, a bottom-up aggregation of price targets, shows analysts expect the run of outperformance […]
Catenaa, Friday, August 01, 2025- US President Donald Trump on Friday called for the Federal Reserve’s board of governors to assume the power of Fed Chair Jerome Powell if rates are not slashed. If Powell doesn’t “substantially” lower rates, “THE BOARD SHOULD ASSUME CONTROL, AND DO WHAT EVERYONE KNOWS HAS TO BE DONE!” Trump said […]
Catenaa, Friday, June 06, 2025- US President Donald Trump on Friday urged Federal Reserve Chair Jerome Powell to cut interest rates by a full percentage point to boost the economy. “Europe has had 10 rate cuts, we have had none. Despite (Powell), our Country is doing great. Go for a full point,” Trump wrote in […]
Catenaa, Monday, September 08, 2025- Standard Chartered expects the US Federal Reserve to cut interest rates by 50 basis points at its policy meeting this month, double its earlier projection, following a soft August jobs report. Data on Friday showed US job growth weakened sharply in August and the unemployment rate rose to a near […]
Catenaa, Tuesday, August 12, 2025- US inflation rose less than expected in July, paving the way for the market expectation of a Federal Reserve rate cut in September. The Consumer Price Index(CPI), on a headline basis, rose less than expected by 2.7%, a tenth lower than expectations for a rise of 2.8%. Meanwhile, markets are […]
Catenaa, Wednesday, September 03, 2025- US job openings fell more than expected in July by 176,000, and hiring was moderate, consistent with easing labor market conditions. Job openings, a measure of labor demand, dropped 176,000 to 7.181 million by the last day of July, the Labor Department’s Bureau of Labor Statistics said in its Job […]
Catenaa, Thursday, August 14, 2025- US stocks fell on Thursday as Wall Street digested a much hotter-than-expected Producer Price Index in July inflation, waning hopes of a September rate cut. The Dow Jones Industrial Average slipped 0.3%, while the benchmark S&P 500 fell 0.1%. The tech-heavy Nasdaq Composite lost 0.1%. Tech stocks such as AMD […]