Boston Fed President Susan Collins: More rate hikes may be needed despite recent inflation signs Boston Federal Reserve President Susan Collins cautioned that despite recent positive signs on inflation, more interest rate hikes could still be necessary. In an interview with CNBC, Collins emphasized the importance of appreciating the good news but also staying the…
The slowdown in inflation continues as gasoline prices retreated in October, but economists are warning that price pressures remain, and it may take some time for them to return to pre-pandemic levels. According to the U.S. Bureau of Labor Statistics, the consumer price index in October increased 3.2% from 12 months earlier, down from 3.7%…
“Dividend Monarchs: The Safe Play for Investors in Uncertain Times” Investors worried about market volatility may want to consider stocks that have consistently proven themselves over time – also known as dividend monarchs. This strategy is favored by Roundhill Investments, which recently launched its S&P Dividend Monarchs ETF. “It’s named that for a reason. It…
Mary Daly, the president of the Federal Reserve Bank of San Francisco, expressed that although tighter monetary policy is helping to decrease the pace of inflation, policymakers should not feel too comfortable with the current level. In an interview on CNBC’s “The Exchange,” Daly stated that the news on inflation has been positive, but it…
Title: Current CEO reveals the rising trend of multiple jobs among payment customers Current CEO Stuart Sopp has highlighted the growing need for additional sources of income as almost half of the firm’s payment customers are found to have more than one job. In an interview with CNBC’s “Fast Money,” Sopp revealed that approximately 20-25%…
Bank of Japan Implements More Flexibility in Yield Curve Control Policy The Bank of Japan (BOJ) has announced a shift in its yield curve control (YCC) policy, allowing for increased flexibility. The central bank stated that while the target level for the 10-year Japanese government bond (JGB) yield will remain at 0%, it will now…
Suze Orman, a renowned personal finance expert, is cautioning investors against relying too heavily on bonds. According to Orman, the allure of high interest rates and a fear of taking risks are causing many individuals to miss out on a “lifetime opportunity” in the stock market. Speaking on CNBC’s “Fast Money” this week, the host…
Federal Reserve Governor Christopher Waller has stated that the central bank can wait before taking action on interest rates while it monitors progress in its efforts to tackle inflation. As the Fed prepares for its upcoming meeting, Waller is analyzing recent data to assess whether the bank’s measures are effectively reducing demand and slowing inflation,…
