A day after Powell’s assurances about the economy, markets are worried that ‘the Fed breaks something’

Read Time:6 Second

The trouble is, the Fed’s likely to get a recession anyway as data shows the economy is a far cry from stable.

About Post Author

Happy

0 %

Sad

0 %

Excited

0 %

Sleepy

0 %

Angry

0 %

Surprise

0 %

It's a tough case to sell that higher interest rates today are having a substantially negative impact on the course...

For five of the past six weeks, the level of initial jobless filings totaled exactly 212,000.

The Washington DC-based institute this week nudged its global growth outlook slightly higher to 3.2% in 2024.

High corporate valuations could pose a significant risk to financial stability as market optimism becomes untethered from fundamentals, the IMF...

Economists polled by Reuters expected a reading of 3.1%, down from 3.4% in February.

The IMF on Tuesday raised its global growth forecast slightly, saying the economy had proven "surprisingly resilient" despite inflationary pressures.