An S&P 500 ETF delivering double-digit percentage dividends
[ad_1] Investors may want to consider JPMorgan’s Equity Premium Income Fund ETF in order to get more reliable gains in the current volatile market environment. According to the firm, the…
Fed officials Barkin and Collins see possibility for slower rate hikes ahead
[ad_1] Two Federal Reserve officials indicated Friday that they expect further interest rate increases but will be looking closely at whether those moves need to be as aggressive as they’ve…
Gold prices end at lowest in 2 1/2 years as dollar rises in wake of Fed’s 4th jumbo interest rate hike
[ad_1] Gold futures tumbled on Thursday as the U.S. dollar and Treasury yields advanced after the Federal Reserve delivered its fourth 75 basis point interest rate hike since the start…
Fed approves 0.75-point hike to take rates to highest since 2008 and hints at change in policy ahead
[ad_1] The Federal Reserve on Wednesday approved a fourth consecutive three-quarter point interest rate increase and signaled a potential change in how it will approach monetary policy to bring down…
Under-the-radar trend shows tech investors loyal despite major losses
[ad_1] It appears most ETF investors aren’t cashing out of technology despite this year’s painful losses. The widely-held ARK Innovation ETF and the Technology Select Sector SPDR Fund, down 59% and…
U.S. inflation still running hot, key PCE price gauge shows
[ad_1] The numbers: A key gauge of U.S. inflation rose a mild 0.3% in September, aided by the lower cost of gas. Yet prices are still going up even if…
Fed’s Harker sees ‘lack of progress’ on inflation, expects aggressive rate hikes ahead
[ad_1] Patrick Harker at Jackson Hole, Wyoming David A. Grogan | CNBC Philadelphia Federal Reserve President Patrick Harker on Thursday said higher interest rates have done little to keep inflation…
Indonesia’s central bank raises rates further in bid to cool inflation
[ad_1] Indonesia’s central bank raised its benchmark interest rate further on Thursday in a bid to reduce inflation and to ensure the stability of the rupiah. Bank Indonesia raised its…
Stock-market selloff may mean another 20% drop for S&P 500, says Wall Street veteran
[ad_1] “‘I generally believe that rates are going to continue to go higher and inflation is not going to come down as much as expected.’” — Thomas Peterffy, chairman and…
How high will rates go? This chart shows expectations for central bank policy rates.
[ad_1] The inflation fight by central banks isn’t even close to over yet, according to Jumana Saleheen, Vanguard’s European chief economist. That means markets likely remain vulnerable to additional shocks,…
Apple, Goldman Sachs introduce interest-bearing savings accounts
[ad_1] Apple will soon allow iPhone users to put credit card rewards from Apple Card and additional funds from separate bank accounts into an interest-bearing savings account. In a press…
Fed rate hikes are ‘hurting the situation,’ Sen. Bernie Sanders says
[ad_1] The Federal Reserve’s policy of steep interest-rate hikes is not helping the struggling economy and is instead hurting working Americans, Sen. Bernie Sanders said Sunday. ““I think they’re hurting…
The cost of health care is surging again and adding to high U.S. inflation
[ad_1] The cost of medical care is surging again after lull during the pandemic — and adding tinder to the high inflation already burning up the U.S. economy. Medical expenses…
The oil trade may have more juice despite a losing week
[ad_1] Even though WTI crude just saw its worst week in more than two months, the oil trade may have more juice left in the tank. Mirae Asset Securities’ Chris…
Moody’s Mark Zandi sees relief within 6 months
[ad_1] The U.S. will see inflation cut in half within six months, according to Mark Zandi of Moody’s Analytics. His call, which comes on the cusp of another key inflation…
Fed minutes October 2022:
[ad_1] Federal Reserve officials have been surprised at the pace of inflation and indicated at their last meeting that they expect higher interest rates to remain in place until prices…
Fed’s Daly says more rate hikes needed, dismisses ‘pivot’ talk
[ad_1] The Federal Reserve needs to keep raising its benchmark interest rate in order to cool inflation that hit a 40-year high earlier this year and has shown little signs…
Credit Suisse seeking to assure investors amid financial concerns: FT
[ad_1] A Swiss flag flies over a sign of Credit Suisse in Bern, Switzerland FABRICE COFFRINI | AFP | Getty Images Credit Suisse executives are in talks with the bank’s…
Fed Vice Chair Brainard warns against retreating from inflation fight prematurely
[ad_1] U.S. Federal Reserve board member Lael Brainard speaks after she was nominated by U.S. President Joe Biden to serve as vice chair of the Federal Reserve, in the Eisenhower…
Fed’s Barkin expects inflation to come down a bit in coming months
[ad_1] All signs point to lower U.S. inflation in coming months, Richmond Fed President Thomas Barkin said Friday. “Inflation should come down a bit. I don’t expect it to be…
Chicago Fed president defends dot plot as he says interest-rate plateau may be warranted next year
[ad_1] Chicago Fed President Charles Evans on Tuesday gave a spirited defense of the dot plot as he said rates may need to plateau next year. Speaking at the Official…
Rates raised by three-quarters of a percentage point
[ad_1] The Federal Reserve on Wednesday raised benchmark interest rates by another three-quarters of a percentage point and indicated it will keep hiking well above the current level. In its…
‘The housing market may have to go through a correction’: Mortgage rates hit 6.29%, Freddie Mac says
[ad_1] The numbers: U.S. mortgage rates continue to climb, adding hundreds of dollars in costs to potential homeowners. The increase in mortgage rates followed the Federal Reserve hiking interest rates…
Swiss National Bank raises interest rates by 75 basis points
[ad_1] Switzerland’s National Bank on Thursday raised interest rates for the second time in as many meetings, catching up with other central banks as the country faces the highest inflation…
Bank of Japan maintains ultralow interest rates
[ad_1] TOKYO — The Bank of Japan on Thursday kept its ultralow interest rates in place, staying away from a global wave of monetary tightening despite growing inflation. The decision…