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Tag: recession

UBS sees a raft of Fed rate cuts next year on the back of a U.S. recession

U.S. Federal Reserve Chairman Jerome Powell takes questions from reporters during a press conference after the release of the Fed policy decision to leave interest rates unchanged, at the Federal Reserve in Washington, U.S, September 20, 2023.Evelyn Hockstein | ReutersUBS expects the U.S....

Will Housing Prices Fall During the Next Recession?

Jesse Livermore once said, “Another lesson I learned early is that there is nothing new in Wall Street. There can’t be because speculation is as old as the hills. Whatever happens in the stock market today has happened before and will happen again.” Fair...

Fed’s Goolsbee says ‘golden path’ of a huge drop in inflation without a recession is still possible

Chicago Federal Reserve President Austan Goolsbee said Tuesday a soft landing is still on the table as the central bank seeks to combat inflation without hurting the economy significantly."Because of some of the strangeness of this moment, there is the possibility of the golden...

Gundlach says rates are going to fall as recession lands in early 2024

DoubleLine Capital CEO Jeffrey Gundlach believes interest rates are about to trend lower as the economy deteriorates further and tips into a recession next year."I do think rates are going to fall as we move into a recession in the first part of next year,"...