Business

Rising producer prices in China won’t likely drive up consumer costs, says JPMorgan

The recent surge in producer prices in China will not likely to drive up costs for consumers, says JPMorgan Private Bank’s Alex Wolf. “We don’t

Business

El-Erian says the Fed is behind on inflation and risks another recession if it is forced to catch up

Federal Reserve officials are underestimating inflation and risking that the U.S. could fall into another recession, Mohamed El-Erian, the Allianz chief economic advisor, told CNBC

Business

Top strategist opens market playbook for second half, sees turbulence

Wilmington Trust’s Meghan Shue is opening her playbook for the year’s second half — which starts Thursday. Her strategy includes an overexposure to cyclicals, and

Business

Inflation looks bad now, but it’s pretty much sticking to the script

Customers shop for produce at a supermarket on June 10, 2021 in Chicago, Illinois. Scott Olson | Getty Images Under normal circumstances, the recent spate

Business

Key inflation indicator posts biggest year-over-year gain in nearly three decades

A key inflation indicator that the Federal Reserve uses to set policy rose 3.4% in May, the fastest increase since the early 1990s, the Commerce

Business

‘very, very unlikely’ the U.S. will see 1970s-style inflation

Federal Reserve Chairman Jerome Powell acknowledged Tuesday that some inflation pressures are stronger and more persistent than he had anticipated, though still not on par

Business

Moody’s Analytics on Covid outbreaks in Asia, Fed fee hikes in 2023

Asian international locations should tame the present waves of the coronavirus outbreak as a way to get their economies prepared for future fee hikes by

Business

Powell notes financial enchancment, however says the pandemic stays a danger

Jerome Powell, chairman of the U.S. Federal Reserve, speaks throughout a Home Choose Subcommittee on the Coronavirus Disaster listening to in Washington, D.C., U.S., September

Business

Here is why the market could also be mistaken concerning the Federal Reserve and rates of interest

Merchants on the ground of the New York Inventory Change. Supply: NYSE Monday’s aggressive inventory market rally got here regardless of the fears of 1

Business

10% to twenty% correction could also be underway as a result of inflation: Mark Zandi

Moody’s Analytics Mark Zandi has a message for buyers: Brace for a major market correction. The agency’s chief economist expects a extra hawkish Federal Reserve will