Breitbart Business Digest - Page 6

The American consumer’s strength may be the force that wrestles the market out of the conviction that the Fed will cut interest rates this March.

The financial press once again ignored the details that indicate that the era of disinflation has come to a close and risks of higher inflation are increasing.

The case that the economy is headed for a “soft landing” received a sharp setback on Thursday with the release of data showing inflation accelerated at the end of last year.

The consumer inflation report this week has the potential to upset the consensus view that the Federal Reserve will start cutting rates in the first quarter of this year.

Pick any measure of consumer sentiment you find and the reading will be the same: the Biden economy stinks.

The dream of a March rate cut has survived the December jobs report.

An election year rate cut followed by a rise in inflation and then a new hiking cycle would cement the view that the Federal Reserve acted on political motives.

The Breitbart Business Digest had the opportunity to sit down for an exclusive interview with a tanned, rested, and jovial Donald Trump at Mar-a-Lago last week for more than two hours. The conversation repeatedly returned on the state of the U.S. economy and his predictions for this election year.

The basic premise behind the conviction that the Federal Reserve will start cutting rates in the first quarter of next year is looking shakier.

Could the housing market finally be cracking under the pressure of higher interest rates?

The stock market does not seem to believe we are headed for a recession next year.

The Federal Reserve Chairman’s silence is an implicit endorsement of the market’s view that we’re headed for five or six rate cuts next year.

It’s fun to play with Frosty the Snowman, but eventually he melts.

The market’s reaction to the Fed’s dovish pivot last week is withstanding the pushback from former and current Fed officials.

New York Federal Reserve President John Williams said Friday that rate cuts are not a topic of discussion for the central bank.

The markets are delighted that they heard Powell say, as he drove out of sight, “Rates cuts for all—and to all a good night.”

The inflation report released Tuesday is unlikely to do much to support the idea that Bidenomics has been a boon for the American economy.

The American consumer is rushing into the end of 2023 in high spirits—in part because they like how next year’s election is shaping up.

The November jobs numbers were a kick in the teeth to traders betting that the Federal Reserve would start cutting rates in March.

Christmas came early for many consumers in the U.S. this year, and that may have created an illusory drop in inflation and retail spending.

Buckle up and return to your seats. There’s likely to be some turbulence ahead. 

The Federal Reserve may have to get back to work.

Even Taylor Swift may not be able to save the economy from a wokecession in entertainment.

Jerome Powell probably did not mean to trigger a significant easing of financial conditions on Friday, but that’s exactly what he did.

President Biden’s increasingly brazen attempts to bamboozle the American public on economic matters have more than a whiff of desperation.

The most striking thing about President Biden announcing a special White House council on supply chains is that it took until this Monday to happen.

Does the rule that you cannot fight the Fed apply if the Fed is fighting itself?

Fifty-two percent of the public says the economy is getting worse, according to the latest poll from the Economist and YouGov.

Someone forgot to tell American families that inflation has been canceled.

The market is convinced that the Federal Reserve is done with rate hikes. The Federal Reserve is not.

If forecasting the economy were as simple as predicting the exact opposite of the consensus, everyone would do it. 

The market is convinced the Federal Reserve will start cutting rates in the first half of next year. That’s not as crazy as it sounds.

It is going to take more than a better finance chief to bring the magic back to Walt Disney Co.

Santa Claus is not going on strike this year, but he may have a bit of an easier job hauling his sack from house to house.

Fed officials are likely to see the October jobs numbers as justifying a decision not to raise their interest rate target at their December meeting.

It is increasingly clear that the manufacturing sector rebounded in September.