Jamie Dimon rips central banks for being ‘100% dead wrong’ on economic forecasts

2023-10-24 20:22:08 Jamie Dimon, CEO of JPMorgan Chase speaking with CNBC’s Leslie Picker in Bozeman, MT on Aug. 2nd, 2023. CNBC JPMorgan Chase CEO Jamie Dimon on Tuesday warned about the dangers of locking in an outlook about the economy, particularly considering the poor recent track record of central banks like the Federal Reserve. In … Read more

Dow Jones falls more than 100 points, selling to reduce risk Before releasing the statement

2023-10-19 14:57:59 The Dow Jones Index fell more than 100 points as investors sold off risk. Before Mr. Jerome Powell, Chairman of the Federal Reserve (Fed), gave a statement today. In addition, investors are concerned about the release of lower-than-expected numbers of people applying for unemployment benefits. This indicates a strong labor market. and will … Read more

Dow Jones falls nearly 100 points, close to 33,000

2023-10-06 13:42:50 The Dow Jones Index fell nearly 100 points, nearing the 33,000 level after the United States revealed higher-than-expected non-agricultural employment figures. This indicates a strong labor market. and will be a factor supporting the increase in interest rates by the Federal Reserve (Fed). As of 8:32 p.m. Thai time, the Dow Jones Industrial … Read more

New York Stock Market Situation: Dow Jones closes down 430.97 points | RYT9

2023-10-03 23:30:47 The Dow Jones New York Stock Exchange index closed down more than 400 points on Tuesday (Oct. 3) after the United States revealed higher-than-expected job opening numbers. This has led the market to worry that the data will push the Federal Reserve (Fed) to keep interest rates high for a long time. The … Read more

Dimon warns that Fed could still lift interest rates sharply from here

2023-09-26 16:16:48 Jamie Dimon, Chairman of the Board and Chief Executive Officer of JPMorgan Chase & Co., speaks during the event Chase for Business The Experience – Miami hosted by JP Morgan Chase Bank for small business owners at The Wharf in Miami, Florida, U.S., February 8, 2023. Marco Bello | Archyde.com JPMorgan Chase CEO … Read more

Gold futures prices adjust narrowly Investors keep an eye on the Fed meeting | RYT9

2023-09-20 12:52:24 Gold futures prices adjust narrowly While investors are keeping an eye on the results of the Federal Reserve’s (Fed) monetary policy meeting tonight. At 7:42 p.m. Thai time, gold contracts on the COMEX (Commodity Exchange) market will be delivered in December. minus $1.0 or 0.05% to $1,952.70/ounce. Investors put almost 100% of their … Read more

Wholesale prices rose 0.3% in July, higher than expected

2023-08-11 13:32:22 A measure of wholesale prices rose more than expected in July, countering recent trends showing that inflation pressures are easing. The producer price indexwhich gauges the costs that goods and services producers receive for their products as opposed to those that consumers pay, rose 0.3% for the month, the Bureau of Labor Statistics … Read more

High prices are still a problem

2023-08-09 19:04:14 Gas station signboards display prices in Bethesda, Maryland on August 6, 2023. Mandel Ngan | AFP | Getty Images Thursday’s consumer price index report likely will show that the pace of price increases is easing, but not enough to get the Federal Reserve to retreat on its inflation fight. If the Wall Street … Read more