* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Saturday, July 12, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    How you can see new movies early – Yahoo

    Unlock the Secret to Watching New Movies Before Everyone Else!

    Immersive sports and entertainment venue Cosm set to build its 5th location in Cleveland – WKYC

    Cosm Reveals Exciting Vision for Its 5th Immersive Sports and Entertainment Venue in Cleveland

    Monumental Sports & Entertainment’s Samantha Brady on the Power of the RSN’s Direct-to-Consumer Streaming Service Monumental+ – Sports Video Group

    Samantha Brady Reveals How Monumental+ is Transforming Sports Streaming with Direct-to-Consumer Access

    Moses Singer Welcomes Entertainment and Intellectual Property Partner Frederick Bimbler – Yahoo Finance

    Moses Singer Expands Team with New Entertainment and Intellectual Property Partner Frederick Bimbler

    Longhua District and Max-Matching Entertainments, supported by RWS Global forge strategic partnership to develop international IP-themed entertainment complex – Amusement Today

    Longhua District and Max-Matching Entertainments, supported by RWS Global forge strategic partnership to develop international IP-themed entertainment complex – Amusement Today

    Government whip to withdraw Entertainment Complex Bill on July 9 – Nation Thailand

    Government whip to withdraw Entertainment Complex Bill on July 9 – Nation Thailand

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Meta Acquires AI Startup PlayAI to Enhance Voice Technology Capa – GuruFocus

    Meta Acquires AI Startup PlayAI to Revolutionize Voice Technology Capabilities

    Stallion Uranium Provides Update on Technology Data Acquisition Agreement – GlobeNewswire

    Stallion Uranium Announces Exciting Progress in Technology Data Acquisition Agreement

    2025 WE Local Prague Recap: Inspiring Women in Engineering and Technology – Society of Women Engineers

    2025 WE Local Prague Recap: Inspiring Women in Engineering and Technology – Society of Women Engineers

    SMPTE Opens Early Bird Registration for Media Technology Summit – TVTechnology

    SMPTE Launches Early Bird Registration for Exciting Media Technology Summit

    Google Fiber puts Nokia network slicing technology to the test – Fierce Network

    Google Fiber Puts Nokia’s Network Slicing Technology to the Ultimate Test

    Kaseya Extends Community Investment with Addition of Technology Marketing Toolkit – Kaseya

    Kaseya Extends Community Investment with Addition of Technology Marketing Toolkit – Kaseya

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    How you can see new movies early – Yahoo

    Unlock the Secret to Watching New Movies Before Everyone Else!

    Immersive sports and entertainment venue Cosm set to build its 5th location in Cleveland – WKYC

    Cosm Reveals Exciting Vision for Its 5th Immersive Sports and Entertainment Venue in Cleveland

    Monumental Sports & Entertainment’s Samantha Brady on the Power of the RSN’s Direct-to-Consumer Streaming Service Monumental+ – Sports Video Group

    Samantha Brady Reveals How Monumental+ is Transforming Sports Streaming with Direct-to-Consumer Access

    Moses Singer Welcomes Entertainment and Intellectual Property Partner Frederick Bimbler – Yahoo Finance

    Moses Singer Expands Team with New Entertainment and Intellectual Property Partner Frederick Bimbler

    Longhua District and Max-Matching Entertainments, supported by RWS Global forge strategic partnership to develop international IP-themed entertainment complex – Amusement Today

    Longhua District and Max-Matching Entertainments, supported by RWS Global forge strategic partnership to develop international IP-themed entertainment complex – Amusement Today

    Government whip to withdraw Entertainment Complex Bill on July 9 – Nation Thailand

    Government whip to withdraw Entertainment Complex Bill on July 9 – Nation Thailand

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Meta Acquires AI Startup PlayAI to Enhance Voice Technology Capa – GuruFocus

    Meta Acquires AI Startup PlayAI to Revolutionize Voice Technology Capabilities

    Stallion Uranium Provides Update on Technology Data Acquisition Agreement – GlobeNewswire

    Stallion Uranium Announces Exciting Progress in Technology Data Acquisition Agreement

    2025 WE Local Prague Recap: Inspiring Women in Engineering and Technology – Society of Women Engineers

    2025 WE Local Prague Recap: Inspiring Women in Engineering and Technology – Society of Women Engineers

    SMPTE Opens Early Bird Registration for Media Technology Summit – TVTechnology

    SMPTE Launches Early Bird Registration for Exciting Media Technology Summit

    Google Fiber puts Nokia network slicing technology to the test – Fierce Network

    Google Fiber Puts Nokia’s Network Slicing Technology to the Ultimate Test

    Kaseya Extends Community Investment with Addition of Technology Marketing Toolkit – Kaseya

    Kaseya Extends Community Investment with Addition of Technology Marketing Toolkit – Kaseya

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

The Fed is done hiking interest rates. Now come the bets on when it’ll start cutting

November 15, 2023
in Business
The Fed is done hiking interest rates. Now come the bets on when it’ll start cutting
Share on FacebookShare on Twitter

US inflation held steady from September last month, signaling that the Federal Reserve’s interest rate hiking campaign is finally over.

How an inflation sensitive ETF could protect you in a coming recession | Smart Investing

The consumer price index (CPI), which measures prices of common goods and services, rose 0.4% in October, according to a Bureau of Labor Statistics (BLS) report published today (Nov. 14). Over the past 12 months, the CPI climbed 3.2% before seasonal adjustment.

Lower gas prices helped drive down inflation but were offset by rising rents, the BLS said.

“It now looks safe to plan your holiday parties on December FOMC week,” Michael Feroli, chief US economist for J.P. Morgan, said in a note, referring to the Fed’s quarterly policy meeting. Feroli added that with the personal consumption expenditures index (PCE) tracking lower for the final quarter of the year and unemployment ticking a tenth of a percent higher, the Federal Reserve would be hard-pressed to justify any more rate increases.

Wall Street analysts nearly all agree that the hikes are over based on today’s report, with analysts from Wells Fargo and Bank of America arguing the Fed is truly done, keeping in mind that inflation is still way off the 2% target.

The stock market is certainly celebrating, with the Dow Jones Industrial Average soaring 500 points in the wake of the news.

When will the rates cut start?

Morningstar analysts predict that interest rates will start coming down at the first Fed meeting of 2024 next March, with the benchmark rate falling to 2% by 2025.

However, mortgage rates might not ease until second half of next year.

The Federal National Mortgage Association (Fannie Mae) isn’t expecting 30-year mortgage rates to dip below 7% until the third quarter of 2024. Its October housing forecast also predicts that mortgage rates will stay higher for longer, averaging 6.8% in 2023 and 6.9% in 2024.

“We expect the higher mortgage rate environment to continue to dampen housing activity and further complicate housing affordability into 2024,” Doug Duncan, Fannie Mae’s chief economist, said in a statement.

While wannabe homeowners might have to consider delaying their plans or buy now and refinance later, the economic picture looks bright.

Goldman Sachs has one of the rosiest views, predicting the global economy will expand 2.6% next year. Its forecast sees the US growing 2.1% by the end of next year, the euro zone expanding 0.9%, China up 4.8%, and India up 6.3%. That’s assuming inflation cools and job growth remains robust.

“We don’t think the last mile of disinflation will be particularly hard,” Goldman’s chief economist, Jan Hatzius, said in the bank’s 2024 outlook.

The “most novel reason” to be optimistic about GDP growth is that central banks don’t need a recession to bring inflation down and will try hard to avoid one, Hatzius added. That means the Fed can use rate cuts as a tool to boost the economy if it slows.

But what about consumers’ feelings?

Forget economic numbers. The elephant in the room is how we feel, because that ultimately drives how we spend.

While analysts are trying hard to convince us that everything is great, US consumers—including billionaires—feel more negative than they did pre-pandemic, even though people feel good about the prospect of not losing their jobs.

Rent stubbornly rose 0.5% in October, climbing at the same pace for the third straight month. Although rent is up 7.2% over the past year, that’s lower than the high of 8.8% in April. Still, both individual and business tenants are feeling the pinch.

In an October survey, the National Federation of Independent Business (NFIB) found that while small US businesses are recovering, they aren’t very optimistic about the rest of 2023.

“Small business owners are not growing their inventories as labor and energy costs are not falling, making it a gloomy outlook for the remainder of the year,” said NFIB chief economist Bill Dunkelberg in the report.

The gloom and doom may catch up to the economic data, but until then, perhaps all US consumers need is some Taylor Swift to make them feel good about spending again.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Quartz – https://qz.com/the-fed-is-done-hiking-interest-rates-now-come-the-bet-1851020538

Tags: businesshikingInterest
Previous Post

MAVTV’s “On the Rise” featuring Julien Beaumer Airs Thursday at 10:30 P.M. Eastern

Next Post

Facebook’s 2016 election problems will be the same in 2024 | What’s Next for Meta?

Meta Acquires AI Startup PlayAI to Enhance Voice Technology Capa – GuruFocus

Meta Acquires AI Startup PlayAI to Revolutionize Voice Technology Capabilities

July 12, 2025
Seattle Seahawks boost Alaskan high school flag football with training camp – Alaska’s News Source

Seattle Seahawks Elevate Alaskan High School Flag Football with Exciting Training Camp

July 12, 2025
Pope prays for conversion of those who don’t ‘recognize the urgency’ of caring for creation – OSV News

Pope prays for conversion of those who don’t ‘recognize the urgency’ of caring for creation – OSV News

July 12, 2025
New, non-profit in Baldwin County aims at helping fund forensic science related investigations – fox10tv.com

New, non-profit in Baldwin County aims at helping fund forensic science related investigations – fox10tv.com

July 12, 2025
Major Gifts Transform Marine Science at William & Mary and VIMS – Virginia Living

Transformative Major Gifts Propel Marine Science Breakthroughs at William & Mary and VIMS

July 12, 2025
CatanaGroup Launches SEATY: A New Floating Lifestyle Concept – Cruising World Magazine

CatanaGroup Unveils SEATY: Dive Into the Ultimate Floating Lifestyle Experience

July 12, 2025
Readers, we need your help picking the best high school football team – Tulsa World

Vote Now for the Ultimate High School Football Champion!

July 12, 2025
An economy in India lifted by women – The Christian Science Monitor

An economy in India lifted by women – The Christian Science Monitor

July 12, 2025
How you can see new movies early – Yahoo

Unlock the Secret to Watching New Movies Before Everyone Else!

July 12, 2025
Why it’s a rough time to be a health insurer – Axios

Why it’s a rough time to be a health insurer – Axios

July 12, 2025

Categories

Archives

July 2025
MTWTFSS
 123456
78910111213
14151617181920
21222324252627
28293031 
« Jun    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (717)
  • Economy (740)
  • Entertainment (21,627)
  • General (15,849)
  • Health (9,777)
  • Lifestyle (747)
  • News (22,149)
  • People (742)
  • Politics (750)
  • Science (15,958)
  • Sports (21,239)
  • Technology (15,725)
  • World (723)

Recent News

Meta Acquires AI Startup PlayAI to Enhance Voice Technology Capa – GuruFocus

Meta Acquires AI Startup PlayAI to Revolutionize Voice Technology Capabilities

July 12, 2025
Seattle Seahawks boost Alaskan high school flag football with training camp – Alaska’s News Source

Seattle Seahawks Elevate Alaskan High School Flag Football with Exciting Training Camp

July 12, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version