Jerome Powell

Business

No recession ahead: Evercore ISI predicts S&P 500 will jump 22% from current levels

Today News || While retail investors head for the exits as stock prices sharply fluctuate, Evercore ISI’s Julian Emanuel wants…

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Business

Stephen Roach calls stagflation his base case, warns market is unprepared for the consequences

Today News || Stagflation is making a comeback, according to former Morgan Stanley Asia chairman Stephen Roach. He warns the…

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Business

CEO outlook dims sharply, with more than half expecting a recession ahead, survey shows

Today News || Corporate executives are taking a dim view of their prospects, with a majority now expecting a recession…

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Business

Weekly mortgage demand from homebuyers tumbles 12%, as higher interest rates take their toll

Today News || A sign of a home for sale is pictured in Alhambra, California on May 4, 2022. Frederic…

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Business

Powell says the Fed will not hesitate to keep raising rates until inflation comes down

Today News || US Federal Reserve Chairman, Jerome Powell, testifies before the House Financial Services Committee on “The Semiannual Monetary…

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Business

Home affordability at 2007 bubble levels, but crash is unlikely: Blackstone’s Joe Zidle

Today News || A major Wall Street firm is drawing a striking parallel to the housing bubble. Blackstone’s Joe Zidle…

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Business

Powell says he can’t guarantee a ‘soft landing’ as the Fed looks to control inflation

Today News || US Federal Reserve Chairman Jerome Powell speaks during a news conference in Washington, DC, on May 4,…

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Business

Federal Reserve Chair Jerome Powell confirmed by Senate for a second term

Today News || Federal Reserve Chairman Jerome Powell speaks at a news conference following a Federal Open Market Committee meeting…

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Business

US inflation hit 8.3% last month but slows from 40-year high

Today News || Inflation slowed in April after seven months of relentless gains, a tentative sign that price increases may…

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Business

Consumers at breaking point as Fed’s inflation battle heats up, investor Peter Boockvar warns

Today News || The economy may be hitting a crucial turning point. Investor Peter Boockvar warns the Federal Reserve will…

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