Financial crises are the new normal, according to one Yale economist.PonyWang/Getty Images Stocks and the economy look strong but there are four factors that could pose a problem, Capital Economics said. Geopolitical risks in the Middle East and high interest rates are big risks to markets. A depreciation of the Chinese yuan and soaring US
An employee handles one kilogram gold bullions at the YLG Bullion International Co. headquarters in Bangkok, Thailand, on Friday, Dec. 22, 2023. Chalinee Thirasupa | Bloomberg | Getty Images Gold prices were poised for a second straight weekly decline, although bullion held steady on Friday as investors remained cautious ahead of the U.S. non-farm payrolls
The banks most at risk are ones that grew quickly when interest rates were near zero, and now stand at about $5 billion-$75 billion of assets, according to an analysis by Porticoes Capital.Adobe Stock Les Lieberman thinks more bank failures are imminent. And when they happen, he wants to be ready. Lieberman is seasoned in
Jerome Powell offered a strong defense Wednesday of central bank independence when asked if the November election would affect the Federal Reserve’s decisions about interest rates. “I can’t say it enough: We just don’t go down that road,” he told reporters Wednesday afternoon when asked if the bar was higher for making rate changes close
The Federal Reserve left interest rates unchanged on Wednesday and reiterated plans to hold rates steady, noting there has been a lack of further progress on inflation returning to its 2% target. The central bank voted to keep its benchmark interest rate in a range of 5.25%-5.50%, a 23-year high, at the conclusion of its
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Bond investors are selectively adding longer-dated maturities to their portfolios on bets the Federal Reserve will delay cutting interest rates and reduce them at a slower pace than in previous easing cycles, starting with a decision to stand pat on rates at this week’s policy meeting. Some portfolio
Illustration: Chris Harnan Industry pros offer their best ideas on where to deploy cash in commercial and residential property. April 30, 2024, 8:00 AM UTC Sign up to get an email each time a new edition of our Where to Invest series publishes – look for it about once a month. This was supposed to
People looking to buy or sell a home this spring are paying close attention to mortgage rates. The average 30-year, fixed-rate mortgage rose to 7.17% for the week ended April 25, according to Freddie Mac data via the Federal Reserve. The rate was 7.10% the prior week. Buyers and sellers may not see any relief
TOKYO (AP) — Asian shares were trading higher Monday amid optimism over the rally that ended the week on Wall Street, although eyes were on the Federal Reserve policy meeting set for later this week. Sydney’s S&P/ASX 200 added 0.6% in early trading to 7,621.40. South Korea’s Kospi surged nearly 1.0% to 2,681.73. Hong Kong’s
MARCH 18, 2010. NEWPORT BEACH, CA. The bond trading room at PIMCO, is a global investment management … [+] firm in Newport Beach, CA. (Photo by Don Bartletti/Los Angeles Times via Getty Images) Los Angeles Times via Getty Images We seem to be living in a world of two realities when it comes to forecasting