You Searched For "Ian Shepherdson" and got 20 results
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2 mins read
US consumer confidence soars the most in 17 years as recovery optimism rebounds
The Conference Board's confidence gauge surged to 101.8 in August from 86.3, led mainly by American…
Ben Winck
2 mins read
US consumer confidence snaps 3-month growth streak as new COVID outbreaks stifle reopening optimism
The Conference Board's Consumer Confidence Index sank to 92.6 in July from 98.3. Its gauge of consu…
Ben Winck
2 mins read
SHEPHERDSON: If you want to know what's in store for US manufacturing, look at China
"We have argued over the past couple of years that if you want to know what's likely to happen to U…
Akin Oyedele
2 mins read
Americans' spending patterns are flashing a warning of a possible consumer-led recession
Consumers are pulling back on discretionary purchases, a sign that their stimulus-fueled shopping s…
Jennifer Sor
2 mins read
Stock market today: US stocks rise as Powell comments give sparse update on rate outlook
Investors were waiting on Powell's full testimony to begin later on Wednesday, but prepared remarks…
Jennifer Sor
2 mins read
Stock market today: Indexes rise as traders try to shrug off Powell's hawkish commentary
Stocks were looking to break a three-day losing streak as investors tried to shake off Powell's lat…
Jennifer Sor
2 mins read
Stock market today: Stocks notch fresh records as the Fed affirms guidance for rate cuts
The S&P 500 surpassed 5,200 for the first time as the Fed affirmed three rate cuts are likely comin…
Jennifer Sor
2 mins read
Fed rate cuts will be even more aggressive than expected in 2024 as unemployment surges past 5%, economist says
The Fed will slash interest rates "much more" than expected as the economy will weaken faster in 20…
Jennifer Sor
3 mins read
Stock market today: Dow drops 422 points as hot inflation scrambles rate outlook
Odds of a June rate cut have been slashed as the Fed looks like it will have to grapple with furthe…
Jennifer Sor
2 mins read
Jobs data is already 'fraying' and the Fed is about to make a mistake by hiking rates again, economist says
The number of unemployed people who were able to find a job within five weeks has seen a sharp decr…
Jennifer Sor
2 mins read
Nobody's quitting their job anymore. That's a bad sign for workers.
The number of people resigning fell by 12% last year, according to the latest official figures. Tha…
George Glover
1 min read
Inflation will see an intense drop and could fall below 2% by mid-2024, Pantheon Macroeconomics says
"We are becoming increasingly worried that inflation will fall below the target by the middle of ne…
Jennifer Sor
2 mins read
US stocks slip as traders mull jobless claims and brace for September jobs report
Jobless claims came in at 207,000 over the last week, slightly under the expected 210,000. Nonfarm …
Jennifer Sor
2 mins read
The US economy is about to hit a slowdown as Americans blow through savings, shrink investments, and battle higher interest rates, chief economist says
The economy will shrink 2% over the next quarter, marking the start of the recession, Pantheon's ch…
Jennifer Sor
1 min read
The housing market isn't recovering and will send home sales to a new low as mortgage rates stay elevated, Pantheon Macroeconomics says
"We are baffled by the emerging narrative in the commentariat that housing is now recovering, becau…
Jennifer Sor
5 mins read
Big changes could be coming to the way we pay for things
In today's big story, we're examining how a change in credit cards' behind-the-scenes fees impacts …
Dan DeFrancesco
1 min read
The November inflation report won't change Wednesday's Fed decision but could influence a slower pace of tightening next year, economist says
The November inflation report will do little to sway the Fed's policy announcement on Wednesday, bu…
Brian Evans
2 mins read
The US may not be able to dodge recession as bank failures could lead to a credit crunch for small business, chief economist says
Pantheon's Ian Shepherdson told CNBC he's "getting really nervous" the US economy is at greater ris…
Carla Mozée
1 min read
Here's the magic number for mortgage rates that could revive demand from home buyers
Mortgage rates and home prices still have more room to drop before buyers think the housing market …
Jennifer Sor
2 mins read
The labor market is clearly slipping, markets can expect Powell to have to change his stance on rate hikes if trends continue, Pantheon chief economist says
The number of new jobs created in a month could plummet to 100,000 by March, forcing a pivot by the…