17 04, 2024

Fed Chair Powell Confirms Delayed Rate Cuts

By |2024-04-17T18:12:10+00:00April 17th, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , |

The market came under pressure this week following Fed Chair Jerome Powell’s comments about inflation that were less than enthusiastic. While speaking at a policy forum focused on US-Canada economic relations, Powell articulated that the first quarter’s sticky inflation data means market-rate cuts will happen later than initially hoped. The Fed’s benchmark interest rate [...]

10 04, 2024

Hot CPI Data Causes Market to Spiral and Indicates 2 Rate Cuts in 2024

By |2024-04-10T17:25:39+00:00April 10th, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , |

Monday was momentous because of the eclipse boosting hopes and dreams of disinflation, and Wednesday started with a downer because of higher-than-expected CPI data. The inflationary data came in hot, with every reading coming in above estimates, sending the market into a significant dip. Let’s dive into anticipation, the reaction, what it means, and [...]

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