Inflation is starting to cool, and Wall Street is loving it

New York CNN Business – Stocks ended the day higher on Tuesday after the US government reported this total price It rose at a much less dramatic rate than expected. This news comes a few days after another report showed that the pace High consumer prices It was also slowing down. The daw It rose … Read more

New bottoms in the stock market in the future? What investors need to know is that Fed signal rates will be higher for a longer period.

Federal Reserve Chairman Jerome Powell has sent a clear signal that interest rates will move higher and will stay there longer than previously expected. Investors are wondering if this means new bottoms for the battered stock market lie ahead. “If we don’t see inflation start to fall as the federal funds rate goes up, we … Read more

The Fed is expected to raise rates again next week – after which life becomes difficult for Powell

First the easy part. Economists widely expect the Fed’s monetary policymakers to agree to a fourth consecutive jumbo interest rate hike at its meeting next week. Raising three-quarters of a percentage point would raise the central bank’s benchmark interest rate to the level of 3.75% – 4%. The November resolution is a lock. “Well, I’d … Read more

Opinion: Stock markets will drop another 40% as severe inflationary debt crisis hits an over-indebted global economy

New York (Project Syndicate)-for year Now I have argue That the increase in inflation will be persistent, that its causes include not only bad policies, but also negative supply shocks, and that central banks’ attempt to fight it will lead to hard economic downturn. When Recession Come, I warned, it will be intense and long, … Read more

Opinion: The Fed is missing a crucial turning point in its fight against inflation because it believes in flawed data

The Fed can’t see the next potential economic meltdown because it’s still looking in the rear-view mirror, seeing nothing but High inflation. The risk arises because the CPI and PCE – the two most important measures of inflation – have a fatal flaw in the way they measure shelter costs. “ If you get your … Read more

Opinion: Too much faith in the Fed has been lost. Will she be able to win our trust back?

Editor’s note: Mohamed El-Erian is President of Queen’s College at the University of Cambridge, the Renee Kearns Professor at the Wharton School of Business, a Senior Fellow at the Lauder Institute and an advisor to Allianz and Gramsey. He serves on the boards of Barclays, NPR and Under Armour. The opinions expressed in this comment … Read more