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Newsmaker 2019: Dimon shines in another epic year

A decade ago a JPMorgan Chase investor told Crain's that Jamie Dimon was so far and away the best CEO in banking that he couldn't even think of who might rank second. Since then, Dimon's standing has... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkDec 15th, 2019

Gasoline, rents lift U.S. consumer inflation in November

U.S. consumer prices increased solidly in November, which together with labor market strength could support the Federal Reserve's intention to keep interest rates steady indefinitely after reducing borrowing costs three times this year......»»

Category: topSource: reutersDec 11th, 2019

U.S. consumer inflation rises; Fed seen staying pat

U.S. consumer prices increased solidly in November, which together with labor market strength could support the Federal Reserve's intention not to cut interest rates again in the near term after reducing borrowing costs three times this year......»»

Category: topSource: reutersDec 11th, 2019

DWS sees one-in-four chance ECB will hike rates next year

There is a one-in-four chance that European Central Bank chief Christine Lagarde will deliver an interest rate hike in her first year in office, German asset management firm DWS predicted on Tuesday, adding the risk of a global recession was very low......»»

Category: topSource: reutersNov 6th, 2019

DWS: One-in-four chance ECB will hike rates next year

There is a one-in-four chance that European Central Bank chief Christine Lagarde will deliver an interest rate hike in her first year in office, German asset management firm DWS predicted on Tuesday, adding the risk of a global recession was very low......»»

Category: topSource: reutersNov 5th, 2019

Defying Logic: Germany Sells 30-Year Bonds for Negative Yields

Explaining negative interest rates is arcane, almost as if it were medieval times and peasants were so desperate to protect their few coins they own from brigands and warlords that they were willing........»»

Category: blogSource: 247wallstAug 21st, 2019

J.P. Morgan cuts NII outlook as rate outlook swings to 3 cuts from zero in 3 months

J.P. Morgan Chase & Co. lowered its full-year outlook on net interest income, as the banking giant now assumes the Federal Reserve will cut interest rates up to three times this year. Chief Financial Officer Jennifer Piepszak said on .....»»

Category: topSource: marketwatchJul 16th, 2019

JPMorgan"s 1Q profits rise 5%, helped by higher rates

JPMorgan Chase is reporting that its first-quarter profits rose 5% from a year earlier, helped largely by higher interest rates, which have allowed banks like JPMorgan to charge more for loans......»»

Category: topSource: foxnewsApr 12th, 2019

5 things JPMorgan CEO Jamie Dimon is worried about for America and his bank

The U.S. economy ‘fairly healthy,’ just not as healthy as last year and the risks of recession might be increasing, JPMorgan Chase Chief Executive Jamie Dimon said in his annual letter to investors on Thursday......»»

Category: topSource: marketwatchApr 4th, 2019

5 things JPMorgan CEO Jamie Dimon just told investors and the American public

The U.S. economy ‘fairly healthy,’ just not as healthy as last year and the risks of recession might be increasing, JPMorgan Chase Chief Executive Jamie Dimon said in his annual letter to investors on Thursday......»»

Category: topSource: marketwatchApr 4th, 2019

The Fed is "not yet done" with rate hikes, according to S&P Global Ratings

The U.S. Federal Reserve on Wednesday kept interest rates steady and slashed all projections of a rate hike this year. Still, S&P Global Ratings said the Fed is "not yet done" with rate hikes, predicting another will come this year or early next year......»»

Category: topSource: moneycentralMar 22nd, 2019

Fed puts rate hikes on hold indefinitely

The Federal Reserve held its key interest rate steady and erased plans to hike rates this year as it downgraded its outlook for the global economy......»»

Category: videoSource: reutersMar 20th, 2019

Fed sees no rate hikes in 2019, plans balance sheet reduction slowdown

The Federal Reserve took a sharply less aggressive policy posture on Wednesday, signaling it will not hike interest rates this year amid a slowing economy and announcing a plan to end its balance sheet reduction program by September......»»

Category: topSource: reutersMar 20th, 2019

The Fed: Fed’s Bostic sticks to forecast of one interest-rate hike this year

Atlanta Fed President Raphael Bostic said Friday he still expects the U.S. central bank will raise interest rates once this year......»»

Category: topSource: marketwatchMar 1st, 2019

JPMorgan posts record profit as banks benefit from tax law

JPMorgan Chase & Co. says its first-quarter profit jumped 35 percent from a year ago, helped by higher interest rates and a lower tax bill due to the recently passed tax law......»»

Category: topSource: foxnewsApr 13th, 2018

JPMorgan posts record profit in 1Q, helped by lower taxes

JPMorgan Chase & Co. says its first-quarter profit jumped 35 percent from a year ago, helped by higher interest rates and a lower tax bill due to the recently passed tax law......»»

Category: topSource: foxnewsApr 13th, 2018

JPMorgan Earnings Climb on Higher Interest Rates, Lower Taxes

JPMorgan reported first-quarter profit up 35% year over year as higher interest rates and lower taxes work their magic......»»

Category: blogSource: 247wallstApr 13th, 2018

Economic Preview: Sideways move in U.S. inflation keeps up guessing game over Fed’s next rate hike

The classic Clash song “Should I stay or should I go” sums up the debate inside the Federal Reserve. Should the Fed stay with its previous forecast for three increases in U.S. interest rates this year — or go up to four?.....»»

Category: topSource: marketwatchApr 7th, 2018

The Fed: Weak jobs report gives Fed more time to decide whether to shoot for four hikes this year

The Fed will continue to gradually hike rates but the weaker-than-expected March employment report allows them to take a wait-and-see stance about whether to move 3 or 4 times this year......»»

Category: topSource: marketwatchApr 6th, 2018

Why the Fed might be leaning toward 4 rate hikes now

Faster U.S. wage gains will probably nudge the Federal Reserve toward raising interest rates a total of four times this year, rather than the three moves officials had penciled in for 2018 when they met in March......»»

Category: topSource: moneycentralApr 27th, 2018