Strategist: Fed Needs To Protect Economy, Not The Stock Market

JP Morgan Chief Global Strategist David Kelly explains what the Fed needs to focus on to avoid a "boom-bust" cycle and where investors should be looking.

BING NEWS:
  • Fed leaves rates unchanged, flags 'lack of further progress' on inflation
    The U.S. Federal Reserve held interest rates steady on Wednesday and signaled it is still leaning towards eventual reductions in borrowing costs, but put a red flag on recent disappointing inflation ...
    05/1/2024 - 6:07 pm | View Link
  • The economy needs to take one of these 2 paths before the Fed cuts interest rates, Powell says
    While Fed Chair Jerome Powell said interest rate hikes are "unlikely," he needs more confidence in inflation data before cutting rates this year.
    05/1/2024 - 9:00 am | View Link
  • 2024 will be 'year of diversification': Strategist
    With the Federal Reserve keeping interest rates high, US equities (^GSPC, ^DJI, ^IXIC) have begun to once again price in the higher-for-longer interest rates as inflation continues to make its way ...
    05/1/2024 - 6:21 am | View Link
  • Key takeaways from the latest Fed meeting
    The Federal Reserve kept interest rates at their current levels Wednesday, as hotter-than-expected inflation data continues to push back the timing of the first rate cut.
    05/1/2024 - 5:32 am | View Link
  • Global stocks gain on Big Tech lift; yen slides to 34-year low
    Global stocks were higher on Friday as Big Tech gains lifted Wall Street shares, while Japan's yen sank to a 34-year low after the Bank of Japan (BOJ) kept monetary policy loose.
    04/26/2024 - 9:41 am | View Link
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