The Fed must do two things to re-establish credibility, Allianz’s El-Erian says
Although it has now established more consistent messaging to the market, the U.S. Federal Reserve needs to do two more things to re-establish its credibility,...
Market players are starting to fear a major policy error from a central bank
A screen displays the Fed rate announcement as a trader works (inside a post) on the floor of the New York Stock Exchange (NYSE) in...
Fed rate hikes won’t curb inflation if spending stays high, paper says
John C. Williams, president and chief executive officer of the Federal Reserve Bank of New York, Lael Brainard, vice chair of the Board of Governors...
U.S. needs miracle to avoid recession, economist Stephen Roach warns
Negative economic growth in the year’s first half may be a foreshock to a much deeper downturn that could last into 2024. Stephen Roach, who...
We’re going to have one whopper of a recession in 2023
The U.S. economy is going to fall into a recession next year, according to Steve Hanke, a professor of applied economics at Johns Hopkins University,...
Housing correction is ‘dead ahead,’ warns economist Mark Zandi
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Mark Zandi, Moody’s Analytics chief economist, on whether the housing market is...
Gold firms as dollar eases in run up to Jackson Hole
A staff member arranges gold jewelry at a gold store in Taiyuan, Shanxi Province of China. Gold prices edged higher on Thursday as the dollar...
Treasury yields in focus as investors await Fed conference
U.S. Treasury yields were higher on Wednesday, as investors digested a fresh batch of economic data and Treasury auctions. The yield on the benchmark 10-year...
Why recent homebuyers have regrets about their purchases
A ‘for sale’ sign hangs in front of a home on June 21, 2022 in Miami, Florida. According to the National Association of Realtors, sales...
Gold rises as dollar, Treasury yields fall after poor U.S. data
A gold seller examines golden ornaments before trading at a gold shop in Chinatown, Thailand. Gold prices edged higher on Tuesday after hitting a near...