December Summary News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Fed Chair Powell backed himself into a corner by predicting rate cuts this year and is now in a tricky situation, according to this chief investment officer

Forget interest rate cuts—private wealth manager Michael Landsberg argues the Fed may even be forced to raise rates this year.

Red seaDjibouti generalIsrael generalUnited statesJerome powellDavid donabedianMichael landsbergFederal reserveFederal reserve chairman jerome powellWall streetLandsberg bennett private wealthDecember summaryEconomic projectionsChair powellMiddle eastJerome powell

An Early Morning Strike On Iran

Plus: After first-quarter data came in hotter than expected, the U.S. economy enters uncharted territory.

United statesCity ofUnited kingdomWhite houseDistrict of columbiaNew yorkJerome powellHossein amir abdollahianPete fairbanksSusan collinsTaylor swiftMike studemanJoe bidenJason furmanJoe bidenreportedlyPrince harry

Fed Chair Powell backed himself into a corner by predicting rate cuts this year, CIO says

Forget interest rate cuts private wealth manager Michael Landsberg argues the Fed may even be forced to raise rates this year.

Red seaDjibouti generalIsrael generalUnited statesDavid donabedianMichael landsbergFederal reserveLandsberg bennett private wealthDecember summaryEconomic projectionsChair powellMiddle east

ECB set to keep interest rates on hold as expectations over June cut mount

The European Central Bank (ECB) will announce its monetary policy decision on Thursday.

United statesValeria bednarikChristine lagardeJerome powellEuropean unionHamburg commercial bankEuropean central bankPandemic emergency purchase programmeAsset purchase programmeServices pmisMain refinancing operations rateDeposit facility rateCentral bankFederal reserveDecember summaryEconomic projections

US Inflation Hotter-Than-Expected for 4th Straight Month

US Inflation Hotter-Than-Expected for 4th Straight Month
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Raphael bosticGiuseppe setteNeel kashkariJerome powellGreg mcbrideYork fed march survey of consumer expectationsFederal reserveMarket committeeFederal reserve bankBureau of labor statisticsLabor statisticsInflation nowcastingHugh nickolaNew york fedMarch surveyConsumer expectations