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Tag: Chris Waller

The latest inflation report puts the Fed on course to cut the key interest rate by a quarter of a percentage point. Wall Street is not happy.

Posted on | Posted on Jasper | Leave a Comment on The latest inflation report puts the Fed on course to cut the key interest rate by a quarter of a percentage point. Wall Street is not happy.
The latest inflation report puts the Fed on course to cut the key interest rate by a quarter of a percentage point. Wall Street is not happy.

Based on new consumer price data, the US Federal Reserve is expected to continue its quarter-percentage-point interest rate cut next Wednesday. However, some people on Wall Street who had hoped for a half-percentage-point cut were disappointed. The core consumer price index, excluding volatile food and energy prices – a measure the Fed prefers to focus […]

Nasdaq and S&P 500 experience worst week of the year after volatile start to September

Posted on | Posted on Jasper | Leave a Comment on Nasdaq and S&P 500 experience worst week of the year after volatile start to September
Nasdaq and S&P 500 experience worst week of the year after volatile start to September

US stocks sold off on Friday following a weak jobs report for August, but one economist predicts volatility will continue in the coming months. “I think we’re probably in an environment now where volatility is going to remain high,” said Michael Darda, chief economist and macro strategist at Roth Capital Partners, on Yahoo Finance’s “Stocks […]