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These three big unknowns will drive markets in 2023 | CNN

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. New York CNN  —  We’re in the salad days of the New Year — that period where many […]

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Recession or soft landing? Five reasons to be cautiously

New York CNN  —  Last year was dominated by scary headlines about crushing inflation, super-sized interest rate hikes and mounting recession fears. It was a brutal period for the stock market, with roughly one-fifth of the value of the S&P 500 vanishing and the Nasdaq dropping by more than one-third. All three major US markets […]

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Fed watch 2023: When will rate hikes slow down | CNN Business

Minneapolis CNN  —  America’s central bank found itself in a glaring spotlight for much of this past year, as Federal Reserve Chairman Jerome Powell wielded blunt tools of interest rate hikes and quantitative tightening to curb surging inflation. As 2022 draws to a close, inflation metrics show some of that may have worked: Consumer prices […]

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What to expect from the Fed meeting | CNN Business

Washington, DC CNN  —  The Federal Reserve is expected to raise interest rates by half a point at the conclusion of its two-day policy meeting on Wednesday, an indication that the central bank is pulling back on its aggressive stance as signs begin to emerge that inflation may be easing. Although that increase would be […]

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How the Fed could do a smaller rate hike and still upset markets

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. New York CNN  —  The Federal Reserve is expected to respond to persistently high inflation by hiking interest […]

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Why we think we’re in a recession when the data says otherwise |

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. New York CNN Business  —  It seems like you can’t go anywhere these days without colliding headfirst into […]

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Is the worst over for bitcoin and the rest of crypto? | CNN

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. New York CNN Business  —  The meltdown of FTX has sent the price of bitcoin and other cryptocurrencies tumbling more than 60% this year…and the carnage has spread to publicly traded companies with […]

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Recession fears receded this earnings season | CNN Business

New York CNN Business  —  Investors appear to have traded in their fleece vests for crystal balls — everyone on Wall Street seems to have a recession prediction. But lately, shouts of recession have become a bit quieter, and a growing group of economists say that any downturn will likely be mild. So can the […]

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All eyes on the consumer ahead of Black Friday and the holidays | CNN Business

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. New York CNN Business  —  It has been a tough year for American consumers. Inflation everywhere. Rapidly rising interest rates. A housing market that is starting to cool off. That begs a question […]

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Mixed bag for jobs: Employers keep hiring, but unemployment rises | CNN Business

New York CNN Business  —  The white-hot US labor market is showing signs of cooling, with the Labor Department reporting Friday a slower pace of hiring and higher unemployment. While the closely watched October jobs report was strong by historical standards, it suggests a series of rate hikes by the Federal Reserve meant to cool […]