5

Federal Reserve’s blunt inflation tool ‘entails some pain’: Former Fed official

 1 year ago
source link: https://finance.yahoo.com/video/federal-blunt-inflation-tool-entails-160618088.html
Go to the source link to view the article. You can view the picture content, updated content and better typesetting reading experience. If the link is broken, please click the button below to view the snapshot at that time.

Recommended Stories
  • bbb11300-2557-11ed-bded-4fb490e5682a.cf.webp
    Yahoo Finance Video

    Stocks sell off, bonds rise after Powell’s Jackson Hole speech

    Yahoo Finance's Jared Blikre joins the Live show to discuss how stocks are moving in intraday trading after Fed Chair Powell's Jackson Hole speech.

    50m ago
  • c4eb6420-24a8-11ed-abbb-2e66b9b6553b.cf.webp
    Yahoo Finance

    3 major takeaways from this week's primaries

    Political watchers are parsing through the election primaries and special election results from Tuesday night, hoping to glean clues ahead of the Nov. 8 midterm elections. Here are three takeaways to consider:

    21h ago
  • 8d44c8bb78db2423a556b42845d1a788.cf.webp
    Bloomberg

    Biden Administration Urges Fuel-Export Cuts to Restock Northeast

    (Bloomberg) -- The Biden administration is warning refiners that it may take “emergency measures” to address fuel exports as stockpiles of gasoline and diesel fuel remain near historically low levels in the Northeast. Most Read from BloombergNearly 60,000 Sneakers in $85 Million Ponzi Scheme to Go on SaleGOP Fury Over ESG Triggers Backlash With US Pensions at RiskFed’s Jackson Hole Conference Is Underway: Here’s What to ExpectA 129-Foot Superyacht Worth Millions Sinks Off the Italian CoastWorld’

    44m ago
  • a3f9a1cc43d54b46c5a65ce794b2b053.cf.webp
    MarketWatch

    Federal Student Aid website appears to crash over ‘high volumes of visitors’ after Biden’s student-debt news

    Americans are having issues logging into StudentAid.gov after Biden's debt-forgiveness announcement.

    2d ago
  • 9e74ee00-2445-11ed-be4f-0cb4f7a8695a.cf.webp
    Yahoo Finance UK

    Celebrity homes: 6 luxury pads with famous former owners

    The rich and famous sometimes like to do things a little differently but, just like the rest of us, they need a roof over their heads.

    1d ago
  • 094aaf7cb24c0cfe9e731d53a10fa5b0.cf.webp
    Reuters

    Factbox-Adani: Asia's richest man back in spotlight with media bid

    Indian billionaire Gautam Adani's attempt to wrest a majority stake in one of the country's biggest news networks, NDTV, has put the spotlight on his conglomerate's rapid expansion. * Adani was born on June 24, 1962, in Ahmedabad city of the western Indian state of Gujarat - from where Prime Minister Narendra Modi also comes. * He established the Adani Group in 1988, beginning with commodities trading.

    1d ago
  • 35ea87194ca5ddf42931780d347b356b.cf.webp
    TechCrunch

    India alleges a16z-backed CoinSwitch violated forex laws, searches offices

    India's financial crime-fighting agency conducted searches at multiple premises of the Bengaluru-headquartered CoinSwitch Kuber on Thursday, alleging the crypto exchange startup violated forex laws, four people familiar with the matter told TechCrunch. The Enforcement Directorate searched the office facilities and residences of some executives and also questioned many, including chief executive Ashish Singhal, two people said, requesting anonymity as the matter is private and sensitive. The startup, valued at nearly $2 billion and backed by Andreessen Horowitz and Sequoia India, declined to elaborate.

    1d ago
  • 87724b0cc9c43a0a3c81a6b0424181e9.cf.webp
    MarketWatch

    Three Arrows Capital liquidators probe given go ahead: report

    The Singaporean High Court has approved a probe into collapsed crypto hedge fund Three Arrows Capital by its liquidators.

    6h ago
  • 5ae2bb69b1ca23a3b5da506aec039994.cf.webp
    Benzinga

    JinkoSolar Q2 Revenue More Than Doubles On Solar Module Momentum

    JinkoSolar Holding Co Ltd (NYSE: JKS) reported second-quarter FY22 revenue growth of 137.6% year-on-year to $2.81 billion, beating the consensus of $2.28 billion. Higher shipment of solar modules drove the feat. Quarterly solar module shipments rose 102.4% Y/Y to 10,532 MW (10,183 MW for solar modules, 349 MW for cells and wafers). The gross margin contracted 240 basis points to 14.7% due to the higher material cost of solar modules. Loss per ADS was $(1.88). Operating margin loss was (1.5)% as

    4h ago
  • 47671ba9b79a2c1333cd6c3d793748a5.cf.webp
    Bloomberg

    CMBS Money Is Pouring Into Florida and N.J. Office Spaces

    (Bloomberg) -- Bond investors are increasingly financing office space in Florida and New Jersey, states seen as potential winners as the Covid pandemic spurs more employees to cut down on commuting into cities in New York and California.Most Read from BloombergNearly 60,000 Sneakers in $85 Million Ponzi Scheme to Go on SaleGOP Fury Over ESG Triggers Backlash With US Pensions at RiskFed’s Jackson Hole Conference Is Underway: Here’s What to ExpectA 129-Foot Superyacht Worth Millions Sinks Off the

    2h ago
  • 09a5c6a7980a27e7b0b8a903e3db1eb9.cf.webp
    Bloomberg

    Gen Z Has Worse Student Debt Than Millennials

    (Bloomberg) -- Younger Americans face a bigger student loan burden than the previous generation, according to the Federal Reserve Bank of St. Louis, highlighting that school debt will be a major economic issue for decades to come.Most Read from BloombergNearly 60,000 Sneakers in $85 Million Ponzi Scheme to Go on SaleGOP Fury Over ESG Triggers Backlash With US Pensions at RiskFed’s Jackson Hole Conference Is Underway: Here’s What to ExpectA 129-Foot Superyacht Worth Millions Sinks Off the Italian

    6h ago
  • 184fe85abfee34658ea7efb882f27a05.cf.webp
    Quartz

    US consumer prices fell in July, another sign inflation has peaked

    A key inflation measure slowed down more than expected in July, giving officials at the US Federal Reserve more reasons to slow down rate hikes.

    2h ago
  • 3d7c5b2146ac04ffd51752e17ff2a619.cf.webp
    Zacks

    Wall Street Analysts Predict a 26% Upside in TDS (TDS): Here's What You Should Know

    The consensus price target hints at a 25.6% upside potential for TDS (TDS). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

    3h ago
  • 10dbf343754d670702e41ef118edf19f.cf.webp
    Bloomberg

    Jackson Hole Latest: Mester Favors Hiking Above 4% and Holding

    (Bloomberg) -- Cleveland Federal Reserve President Loretta Mester said the US central bank was “all in” against inflation and she favors raising interest rates above 4% early next year and hold there to curb price pressures.Most Read from BloombergNearly 60,000 Sneakers in $85 Million Ponzi Scheme to Go on SaleGOP Fury Over ESG Triggers Backlash With US Pensions at RiskFed’s Jackson Hole Conference Is Underway: Here’s What to ExpectA 129-Foot Superyacht Worth Millions Sinks Off the Italian Coast

    53m ago
  • c11e851039ccd4107dd227fc2a8ee301.cf.webp
    TheStreet.com

    Powell's Speech Was Short Not Sweet: Here's How It Affects Investors and Traders

    The Fed chair obviously chose to ignore data released just today that shows that current consumer level inflation is not exactly out of control.

    1h ago
  • 2e15d4d5bba46ccd7ba09cd97b24df3e.cf.webp
    The Wall Street Journal

    Why Investors Went Bananas Over AMC Stock

    To stay solvent, the world’s biggest movie-theater chain went against the wishes of some of its most fervent investors, who call themselves “apes.” That led to some market monkey business.

    53m ago
  • 006ce0b1e29d2addff3c92c6ad448e62.cf.webp
    CoinDesk

    Thai Energy Billionaire Turns to Crypto to Boost Growth: Report

    The market is “still sound” and has “high potential” for growth, Gulf Energy CEO Sarath Ratanavadi said.

    8h ago
  • aea1f812793cb4add928f3447f24c513.cf.webp
    CoinDesk

    Three Arrows Capital Co-Founder Calls Crypto Hedge Fund's Liquidators Inaccurate, Misleading: Report

    In an affidavit delivered in person in Bangkok, Three Arrows Capital co-founder Su Zhu said the crypto hedge fund's liquidators made 'inaccurate and misleading' representations to a Singapore court.

    7h ago
  • 4506a02a9c275a029830cf843464122d.cf.webp
    Bloomberg

    Prospect of a Record ECB Rate Hike Sends European Bonds Tumbling

    (Bloomberg) -- European bonds slumped as traders priced in a more aggressive pace of rate increases by the European Central Bank, betting on a fifty-fifty chance of a three-quarter point hike at its September rate decision for the first time. Most Read from BloombergNearly 60,000 Sneakers in $85 Million Ponzi Scheme to Go on SaleGOP Fury Over ESG Triggers Backlash With US Pensions at RiskFed’s Jackson Hole Conference Is Underway: Here’s What to ExpectA 129-Foot Superyacht Worth Millions Sinks Of

    27m ago
  • 686b02f0-2548-11ed-bfff-7f837866bd02.cf.webp
    Yahoo Finance Video

    Electronic Arts stock surges on rumor of potential Amazon sale

    Yahoo Finance Live anchors discuss EA stock performance after reports of an Amazon acquisition surface.

    3h ago
  • 3b87a9124bce72fa0e3cfc4742d1dd9e
    Benzinga

    Tesla Supplier Eyes Additional $4B EV Battery Plant in US: Report

    Tesla Inc (NASDAQ: TSLA) supplier Panasonic Holdings Corp (OTC: PCRFY) discussed building an additional $4 billion EV battery plant in the U.S., the Wall Street Journal reports. Panasonic eyed Oklahoma as the location for its new plant. EV makers, including Tesla, boosted production volume and sought more batteries from suppliers to reduce long wait times for many popular EV models. Also Read: Another Player Goes Aggressive On EV Charging Market Thanks To Tesla Panasonic already jointly operates

    5h ago
  • 9827319e7f5e443433b88e6341c4121a
    Zacks

    July PCE Pleases Pre-Markets; All Eyes on Jackson Hole

    We are seeing a further rolling off of inflation, pretty much just the way the Fed intended.

    2h ago
  • bb701ba0d8a4c509c279c0899b344bfc
    Bloomberg

    Stocks Tumble as Powell Throws Cold Water on Pivot: Markets Wrap

    (Bloomberg) -- Stocks sank as Jerome Powell gave a short and clear message that rates will stay high for some time, pushing back against the idea of a Federal Reserve pivot that could complicate its war against inflation.Most Read from BloombergNearly 60,000 Sneakers in $85 Million Ponzi Scheme to Go on SaleGOP Fury Over ESG Triggers Backlash With US Pensions at RiskFed’s Jackson Hole Conference Is Underway: Here’s What to ExpectA 129-Foot Superyacht Worth Millions Sinks Off the Italian CoastWor

    22m ago
  • 5aac0836e8475191d12125ada2a22ceb
    Motley Fool

    Why Nio Jumped Again Today

    Nio (NYSE: NIO) investors got some good news from Chinese authorities for the second day in a row today. The company's American depositary shares are responding again this morning, jumping 6% at the market open but easing to a gain of 1.9% as of 10:05 a.m. ET. Shares of the Chinese EV company spiked yesterday on news that the Chinese government was adding a new stimulus package to jump-start a sagging economy.

    2h ago
  • 0e0cfa2ba5b87a7bb22c86c6f7acac0d
    TipRanks

    Goldman Sachs: Buy These 2 Stocks Before They Jump 90% (or More)

    The old stock market axiom to buy when others are fearful could readily apply right now, according to Ashish Shah, chief investment officer at Goldman Sachs. Amid concerns markets will be volatile following Federal Reserve Chair Jerome Powell’s Jackson Hole policy speech on Friday, Shah thinks that doesn’t mean investors should stay on the sidelines at present. It's preferable to buy "when there's fear in the market," say Shah. "Don't fall into the trap of buying when there's FOMO," he added. Ag

    3h ago
  • 3h ago
  • 4bfd3ab143b12beab69138bbaa9ce413
    Zacks

    Altria (MO) Unveils Dividend Hike: What Else Should You Know?

    Altria Group (MO) declares a dividend hike of 4.4%, taking its quarterly dividend to 94 cents per share. The company is focused on boosting shareholders' returns.

    5h ago
  • 4d57bb2d25fa555fc3c9cfcc0bdd0818
    Insider Monkey

    Bill Gates Portfolio: Top 10 Dividend Stock Picks

    In this article, we discuss Bill Gates’ top 10 dividend stocks. You can skip our detailed analysis of the Bill & Melinda Gates Foundation’s performance, and go directly to read Bill Gates Portfolio: Top 5 Dividend Stock Picks. Bill & Melinda Gates Foundation was established in 2000 with the purpose to improve the well-being of […]

    4h ago
  • 695630d0-2549-11ed-be2f-9687d34c71c1
    Yahoo Finance Video

    Affirm stock plunges after posting wider-than-expected earnings loss

    Yahoo Finance Live anchors discuss fourth-quarter earnings for Affirm.

    3h ago
  • 674799f53627704bf1871f0f51e16396
    Insider Monkey

    10 Energy Stocks to Buy Before Winter

    In this article, we will be taking a look at the 10 energy stocks to buy before winter. To skip our detailed analysis of the energy sector and the prospective future demand for these stocks, you can go directly to see the 5 Energy Stocks to Buy Before Winter. In February 2022, the Russian Federation invaded […]

    2d ago
  • 81363f0fa347434ddebadf36a3b1e792
    Zacks

    Is the Options Market Predicting a Spike in Advanced Micro Devices (AMD) Stock?

    Investors need to pay close attention to Advanced Micro Devices (AMD) stock based on the movements in the options market lately.

    4h ago
  • eb1a7b3a0480ce474ae0d13874071731
    Zacks

    HP Q3 Preview: Another EPS Beat Inbound?

    HP has consistently reported strong bottom-line results, exceeding the Zacks Consensus EPS Estimate in 13 consecutive quarters.

    19h ago
  • 960b369b8e09790b9bfb1b3cf31fd2ff
    Motley Fool

    Following the Tesla Stock Split, This Widely Owned Stock Should Be Next to Split

    What company is next to split its shares after Tesla? There's one logical answer hiding in plain sight.

    7h ago
  • 5921d960-252d-11ed-bc4b-a87ccdcd5bd4
    Yahoo Finance

    Stock market live updates: Stocks sink after Powell's hawkish Jackson Hole message

    Stocks tumbled Friday as Federal Reserve Chair Jerome Powell doubled down on the U.S. central bank's commitment to fight inflation in a hawkish speech at the Jackson Hole economic symposium.

    2h ago
  • 32389a4625f6ac2960e954af2d7bcd7a
    Zacks

    The Zacks Analyst Blog Highlights Bank of America, Toyota Motor, AT&T, The Home Depot, Zoetis, and Occidental Petroleum

    Bank of America, Toyota Motor, AT&T, The Home Depot, Zoetis, and Occidental Petroleum are included in this Analyst Blog.

    6h ago
  • ba83afb17de50228be98414a813431a5
    Motley Fool

    Let's Talk About Michael Burry Selling Every Stock but One

    The man who made a billion-dollar bet on the housing market by correctly calling its collapse during the run-up to the 2008 financial crisis seems to be making a new prediction: The stock market is about to crash. Michael Burry, who was one of the main figures in the book The Big Short and its subsequent movie adaptation of the same name, recently sold every single stock his Scion Asset Management hedge fund owns and added just one -- private prison operator GEO Group (NYSE: GEO). It all raises a number of questions investors should ask: Will lightning strike twice for Burry?

    8h ago
  • 6a3669185f8ae42e2de862fb95d7b7d2
    Zacks

    Do Options Traders Know Something About Avaya (AVYA) Stock We Don't?

    Investors need to pay close attention to Avaya (AVYA) stock based on the movements in the options market lately.

    4h ago
  • 391d90c28655d9ab74295b5e7361e1d9
    Motley Fool

    3 Stocks to Buy That Are Practically Inflation-Proof

    2020 will probably go down in history as the year of COVID-19. 2021 could be known as the year of the reopening. How will 2022 be remembered? Perhaps as the year of sky-high inflation. Prices of goods and services are at levels not seen in four decades.

    7h ago
  • afa18387d3345ed94431e13ef54db557
    Motley Fool

    What Made Nikola Shares Jump Today

    Electric semitruck maker Nikola (NASDAQ: NKLA) isn't selling its hydrogen-fueled trucks yet, but investors are thinking about that segment of its business today. A new deal in the hydrogen sector has investors thinking Nikola's trucks will be in high demand when it begins selling its fuel cell electric vehicle (FCEV) models late next year. Nikola shares jumped almost 7% in early trading today after Amazon and Plug Power announced a green hydrogen deal.

    1d ago
  • 11d8e638f097acd6e9f2250a5ee41ee3
    Insider Monkey

    Vulcan Value Partners is Less Confident About Upstart Holdings (UPST)’s Future Prospects

    Investment management company Vulcan Value Partners recently released its second quarter 2022 investor letter. A copy of the same can be downloaded here. The firm carries five strategies and all these strategies trailed their benchmark index in the second quarter of 2022. The fund’s Large-Cap Composite returned -28.4% net of fees and expenses, Small Cap Composite returned net […]

    1d ago

About Joyk


Aggregate valuable and interesting links.
Joyk means Joy of geeK