Monday, October 31, 2022

A spooky forecast for the future of interest rates

When will central banks stop raising interest rates? That's the multi-trillion dollar question that has Wall Street analysts wearing wrist braces from shaking their Magic 8 Balls so hard.
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A spooky forecast for the future of interest rates
When will central banks stop raising interest rates? That's the multi-trillion dollar question that has Wall Street analysts wearing wrist braces from shaking their Magic 8 Balls so hard. Read more »
 
Twitter's new owner tweets conspiracy theory about attack on Paul Pelosi
Elon Musk on Sunday gave credence to a fringe conspiracy theory about the violent attack on Paul Pelosi. Read more »
 
The Fed may have to blow up economy to get inflation under control
The Federal Reserve is most likely going to raise interest rates by three quarters of a percentage point again on Wednesday, its fourth straight supersized hike. And it's still possible another rate increase of that magnitude could come in December. Read more »
 
Debt ceiling fights aren't new. The next one could unleash 'Armageddon'
The market for US Treasuries, worth roughly $24 trillion, is considered the world's most important. Its smooth operation directly impacts both America's ability to run its government, and the health of the broader financial system, which hinges on the view among traders that US debt is a safe bet. Read more »
 
Brits are stocking up on air fryers and electric blankets as energy bills skyrocket
Shoppers in the United Kingdom are snapping up energy-saving air fryers, electric blankets and slow cookers this winter as their fuel bills soar. Read more »
 
Employers kept hiking workers' wages last quarter, but they did not keep up with inflation
Employers continued hiking wages to attract workers and hold on to existing staff during the third quarter. But the raises did not keep up with inflation — and the continued increase is unwelcome news for the Federal Reserve, since higher wages can contribute to overall inflationary pressures, which the central bank is trying to bring down. Read more »
 
 
 
 
Dow Nasdaq S&P
-128.85   -114.31   -29.08
32,732.95   10,988.15   3,871.98
-0.39%   -1.03%   -0.75%
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Oil $86.24 -1.66 / -1.89%
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