ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Komal Sri-Kumar, Sri-Kumar Global Strategies president, and Darrell Cronk, CIO of Wells Fargo’s wealth and investment management, join ‘Squawk Box’ to discuss the Fed’s interest rate decision, what was behind Fed Chair Powell’s decision to cut by 50 basis points, and more. […]
Tag: Economy
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Huw van Steenis, vice chair of Oliver Wyman and former advisor to Mark Carney, discusses the Bank of England’s decision to hold interest rates at its September meeting and the impact of public sector pay rises. Source link
Check out the companies making headlines in extended trading: Nike — Shares soared 10%. The sneaker company announced that CEO John Donahoe would step down from the role on Oct. 13. Nike veteran Elliott Hill, who had been at the company for 32 years before retiring in 2020, will take the helm. FedEx — Shares […]
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Sherry Paul, Morgan Stanley Private Wealth Management managing director, joins ‘Closing Bell’ to discuss Morgan Stanley’s rate cut playbook, recession fears, and more. Source link
Federal Reserve Chair Jerome Powell has unveiled his latest buzzword to describe monetary policy, with a “recalibration” of policy at a pivotal moment for the central bank. At his news conference following Wednesday’s open market committee meeting, Powell used variations of the word no fewer than eight times as he sought to explain why the […]
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Tom Lee, Fundstrat Global Advisors co-founder and head of research, joins CNBC’s ‘Power Lunch’ to discuss how the Fed’s rate cut decision may impact markets over the next few months, how investors should position themselves, and more. 04:13 Thu, Sep 19 202410:51 […]
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email As the Japanese government is trying to get its economy going even after the pandemic, Bank of Japan is pushed to extend long-term liquidity, says Martin Schulz of Fujitsu. 01:33 Mon, May 31 202111:28 PM EDT Source link