Tag Archives: Fed

“‘The risk is that we’re going to hit the brakes very, very hard.’ ” — Larry Summers Almost a full year of monetary-policy tightening by the Federal Reserve appears to be having little impact on price pressures, putting policy makers in danger of needing to do much more, according to …

Goldman Sachs and Bank of America said they expect the Federal Reserve to raise interest rates three more times this year, lifting their estimates after data pointed to persistent inflation and a resilient labor market. Producer prices accelerated in January by the biggest margin in seven months, according to data on Thursday, while a …

U.S. stocks fell Friday morning as investors pointed to a continued risk-off tone, with tech stocks underperforming, bond yields higher, and a stronger dollar. The S&P 500 (^GSPC) slumped by 0.6%, while the Dow Jones Industrial Average (^DJI) declined by 0.5%. The technology-heavy Nasdaq Composite (^IXIC) plunged by more than …

(Bloomberg) — The dollar rallied and stocks dropped alongside Wall Street equity futures with expectations of steeper US rate hikes growing after comments by two Federal Reserve officials. Most Read from Bloomberg The Bloomberg dollar gauge rose as much as 0.5%, erasing its losses for the year, while benchmark Treasury …

U.S. stocks suffered their worst drop in a month on Thursday after hotter-than-expected data on wholesale prices and talk of more aggressive interest-rate hikes rattled markets. The S&P 500 SPX, -1.38% fell 57.19 points, or 1.4%, to 4,090.41. The Dow Jones Industrial Average DJIA, -1.26% shed 431.20 points, or 1.3%, …