71º
wjxt logo
    • News
    • Watch Live
    • Local News
    • Florida
    • Georgia
    • National
    • Coronavirus
    • FluVaxJax
    • Vote 2023
    • Your Voice Matters
    • Politics
    • I-Team
    • Trust Index
    • Community
    • SnapJAX
    • Health
    • Money
    • Education
    • Consumer
    • Entertainment
    • Weird News
    • Weather
    • Weather News
    • SnapJAX
    • Skycams
    • Alerts
    • Hurricanes
    • Plan and Prepare
    • Georgia
    • St. Augustine
    • Surf and Tides
    • Environment
    • Forecasting Change
    • News4JAX+
    • Watch Live
    • News4JAX Insider
    • How To Watch News4JAX+
    • The Morning Show
    • River City Live
    • Podcasts
    • This Week In Jacksonville
    • Solutionaries
    • Something Good
    • TV Listings
    • Sports
    • Sports Videos
    • Jaguars
    • Jaguars Stats
    • News4JAGS Podcast
    • Gators Breakdown
    • Gators Stats
    • High School Sports
    • Football Friday
    • V4rsity Podcast
    • All Star Athlete
    • Features
    • News4JAX Insider
    • Positively JAX
    • River City Live
    • Deals4JAX
    • News4JAX+
    • Look Local
    • 4 Your Info
    • Travel
    • Taxes
    • Community Calendar
    • Jacksonville Image Awards
    • Food & Recipes
    • Live Healthy
    • Contests
    • Talking Health
    • Pets
    • uSay Voting
    • CW17
    • CW Program Guide
    • Bounce
    • Traffic
    • SnapJAX
    • Skycams
    • Jax Best
    • Food
    • Activities
    • Shopping
    • Places
    • Newsletters
    • Sign Up For Newsletters
    • Contact
    • Careers at WJXT/WCWJ
    • SnapJAX
    • Meet the Team
    • Advertise with us
  • News
  • Weather
  • News4JAX+
  • Sports
  • Features
  • CW17
  • Traffic
  • Jax Best
  • Newsletters
  • Contact
News4JAX.com
  • News
  • Weather
  • News4JAX+
  • Sports
  • Features
  • CW17
  • Traffic
  • Jax Best
  • Newsletters
  • Contact
  • LIVE

Watch The Morning Show

News, weather, features and events to get your weekend started right.

LIVE

Watch The Morning Show

JAMES BULLARD


Fed minutes show members resolved to keep fighting inflation

While the meeting ended with a smaller rate hike than most of those implemented since early 2022, officials stressed that their concern over inflation is high.

cnbc.com

Jim Cramer's top 10 things to watch in the stock market Wednesday: Fedspeak, stocks bounce, Palo Alto beats

Bonds are in charge. Yields tick lower and stocks bounced after St. Louis Fed President James Bullard on CNBC.

cnbc.com

Fed's James Bullard pushes for faster rate hikes, sees 'good shot' at beating inflation

Bullard told CNBC that a more aggressive rate hike now would give the FOMC a better chance to bring down inflation.

cnbc.com

Bond Yields are Jumping at Federal Reserve Phantom Shadows

The fixed-income market has become too bearish, too quickly.

washingtonpost.com

Goldilocks Makes an Appearance in the Jobs Market

It’s neither too hot nor too cold with the economy continuing to create jobs while wage pressures ease.

washingtonpost.com

2 Fed officials favor keeping key rate at peak through 2023

Two Federal Reserve officials said they favor raising the Fed’s key rate to roughly 5% or more and keeping it at its peak through next year — longer than many on Wall Street have expected.

Asian stocks mixed after Wall St slide, China virus fears

Asian stock markets are mixed after Wall Street sank and Chinese anti-virus controls fueled concern about an economic slowdown.

Asian stocks down after Wall St weekly loss on rate fears

Asian stock markets are lower after Wall Street ended with a loss for the week amid anxiety about Federal Reserve plans for more interest rate hikes to cool inflation.

Insana: The ‘7% solution’ on interest rates could come back to haunt the Federal Reserve

The central bank is fighting the ghosts of past inflation, and a heavy-handed tactic on rates would ensure something somewhere will break.

cnbc.com

What Cramer is watching Friday — Fed plays good cop, bad cop and off-price retailers shine

U.S. stock futures point to a higher Friday open.

cnbc.com

Average Long-Term U.S. Mortgage Rates Tumble To 6.6%

Mortgage buyer Freddie Mac reported Thursday that the average on the key 30-year rate fell to 6.61% from 7.08% last week.

newsy.com

Stocks end higher on Wall Street but still fall for the week

Stocks ended higher on Wall Street but still wound up with weekly losses after several days of bumpy trading.

Jim Cramer says ‘exhausted’ sellers are behind the market’s strength

Stocks closed down on Thursday but managed to rebound from their lows.

cnbc.com

These are the hard lessons we learned this year — and what we got right

The Club got some things right and some things wrong. Here's a brief report card for 2022.

cnbc.com

Average long-term US mortgage rates tumble to 6.61%

The average long-term U.S. mortgage rate tumbled by nearly a half-point this week, but will likely remain a significant barrier for potential homebuyers as Federal Reserve officials have all but promised more rate hikes in the coming months.

Fed official suggests substantial rate hikes may be needed

The Federal Reserve may have to raise its benchmark interest rate much higher than many people expect to get inflation under control, That's according to James Bullard, who leads the Federal Reserve Bank of St. Louis.

What Cramer is watching Thursday — rates may go much higher, promising tech, and mixed retail

Don't forget our November "Monthly Meeting" for Club member at noon ET. We'll be discussing core stocks to own for 2023.

cnbc.com

Fed's Bullard says rate hikes have had 'only limited effects' on inflation so far

St. Louis Federal Reserve President James Bullard said Thursday the central bank still has a lot of work to do before it brings inflation under control. A voting member on the rate-setting Federal Open Market Committee, Bullard delivered remarks centered on a rules-based approach to policymaking. Using standards set by Stanford economics professor John Taylor, Bullard insisted that the moves the Fed has made so far are insufficient. Even using assumptions he characterized as "generous" regarding the progress the Fed has made so far in its inflation fight, he noted in a series of slides that "the policy rate is not yet in a zone that may be considered sufficiently restrictive." "To attain a sufficiently restrictive level, the policy rate will need to be increased further," he added in the presentation.

cnbc.com

Fed Officials Need to Stop Speaking Out of Turn

The central bank’s policymakers have immense power. They can’t be sharing insights with private audiences.

washingtonpost.com

What Cramer is watching Wednesday — Pelosi's visit, AMD's guidance and a meme stock alert

House Speaker Nancy Pelosi's visit to Taiwan is over.

cnbc.com

Fed's Bullard sees more interest rate hikes ahead and no U.S. recession

St. Louis Fed President James Bullard said the central bank will continue raising rates until it sees compelling evidence that inflation is falling.

cnbc.com

Fed's James Bullard expresses confidence that the economy can achieve a 'soft landing'

The Fed has a good chance of not tanking the economy and achieving a soft landing, St. Louis Fed President James Bullard said.

cnbc.com

Fed's Bullard: Solid US economy can handle rising rates

St. Louis Federal Reserve president James Bullard says last week’s jobs report points to a solid U.S. economy with little sign of a recession on the horizon and one that can withstand higher interest rates.

Wall Street ends winning week with mixed close on jobs data

Wall Street is closing out a winning week with a sputtering finish on Friday, as stocks waffled following a stronger-than-expected report on the U.S. jobs market.

Powell Hampers the Federal Reserve With an Unforced Error

The central bank chair had no reason to take a future 75-basis-point interest rate increase off the table.

washingtonpost.com

Dow sinks 400 points amid market turmoil in Asia

The blue-chip index extends a sell-off that set it back nearly 1,000 points.

washingtonpost.com

This Was the Week the Fed Finally Figured It Out

The central bank now understands that to tame inflation it needs to get ahead of the markets, not simply guide them.

washingtonpost.com

Cramer cites 3 reasons why the market rallied on a day it had no business doing so

"I think we tend to underestimate our advantages," CNBC's Jim Cramer said Tuesday, listing a few to explain Tuesday's trading.

cnbc.com

Treasury yield touches 2.91%, a level not seen since late 2018

U.S. Treasury yields rose Tuesday, as traders fret over concerns of rising inflation and tighter monetary policy.

cnbc.com

Stock futures nudge higher ahead of busy earnings day

Stock futures moved higher early Tuesday morning after stocks slipped during regular trading hours on Monday.

cnbc.com

Fed's James Bullard says interest rate policy is 'behind the curve' but 'all is not lost'

The Fed needs to raise rates substantially to control inflation but may not be as "behind the curve" as it appears, St. Louis Fed President James Bullard said.

cnbc.com

St. Louis Fed's Bullard says the central bank should raise rates above 3% this year

St. Louis Fed President James Bullard said Friday he thinks the central bank should raise interest rates the equivalent of 12 times this year to convince the public it is serious about fighting inflation. As the lone dissenter at this week's Fed meeting, Bullard said in a statement that he would like to see the central bank's benchmark interest rate boosted above 3% from the near-0% level where it had stood. Following its two-day meeting, the Federal Open Market Committee on Wednesday said it would raise overnight rates for banks 0.25 percentage points. This is breaking news. Please check back here for updates.

cnbc.com

Fed's Waller says bigger rate hike in March may be needed

Federal Reserve Governor Christopher Waller says he is willing to support a half-point interest rate hike at the central bank’s next meeting in March.

US Fed governor opens door to half-point rate hike in March

Federal Reserve Governor Michelle Bowman says she's open to lifting interest rates by more than the traditional quarter-point at the central bank’s next meeting in March.

Fed officials push back on rapid interest rate hikes

The Federal Reserve should start raising interest rates next month to help rein in too-high inflation, New York Fed President John Williams said Friday.

Stock futures are flat after Dow suffers its worst day of the year

Wall Street suffered a steep sell-off on Wednesday with the Dow falling more than 600 points for its biggest daily drop since end of November.

cnbc.com

Fed's Bullard says inflation 'could get out of control' so action is needed now

St. Louis Fed President James Bullard cautioned that without action on interest rates, inflation could become an even more serious problem.

cnbc.com

Insana: A draconian approach to Fed policy could be worse than the ills plaguing the economy

Central bank officials must weigh their next steps carefully. Inflation isn’t the only problem plaguing the U.S. economy.

cnbc.com

Wall Street opens lower as investors focus on Federal Reserve and Ukraine

Concerns about rising interest rates and potential conflict with Russia are weighing on sentiment.

cbsnews.com

Asian shares slip as Ukraine tensions send US stocks lower

Shares have mostly fallen in Asia as investors remain anxious over the possibility that Russia could invade Ukraine.

Will All These Rate Hikes Cause a Recession?

Policy makers are beginning to worry that raising the cost of borrowing too quickly could have dire consequences.

washingtonpost.com

Cramer's message to investors and the Fed: Inflation may have just peaked

"You have to wonder how sustainable it is. I mean, this is like, everything is red hot," the "Mad Money" host said on CNBC on Tuesday.

cnbc.com

Stock futures are little changed as Russia-Ukraine tensions and Fed rate hike worries simmer

Stock futures were flat, as traders kept an eye on simmering tensions between Russia and Ukraine.

cnbc.com

Fed officials agree on a March rate hike but little else

A worsening inflation picture has touched off a range of opinions from the Federal Reserve’s policymakers about just how fast they should raise interest rates beginning at their next meeting in March.

Bullard says the Fed needs to 'front-load' tightening because inflation is accelerating

St. Louis Federal Reserve President James Bullard made his case for a rapid move higher in interest rates, saying Monday that the central bank needs to react to accelerating inflation. "I do think we need to front-load more of our planned removal of accommodation than we would have previously. This is a lot of inflation," Bullard told CNBC's Steve Liesman during a live "Squawk Box" interview. Those comments came after Bullard rattled markets last week by saying he thinks the Fed should raise its benchmark short-term borrowing rate a full percentage point by July. "I think my position is a good one, and I'll try to convince my colleagues that it's a good one," Bullard told CNBC.

cnbc.com

Fed's Daly advocates for a 'measured' approach as rate hike expectations rise

The Federal Reserve should be measured in its path to raise interest rates, San Francisco Fed President Mary Daly said Sunday.

cnbc.com

Three Takeaways From a Momentous Week in Markets

The collective view of the markets is clear: the economy will look a lot like it did before the pandemic. The path there, however, just got much rockier.

washingtonpost.com

Note to the Federal Reserve: Don’t Panic About Inflation

Jerome Powell and his colleagues have the capacity, if they overreact, to crash the housing market, the stock market, and the economy.

newyorker.com

The Federal Reserve's rate debate and Ukraine tensions could jolt markets in the week ahead

Stocks are likely to be volatile in the week ahead as investors watch tensions between Russia and Ukraine and debate how quickly the Fed can raise rates.

cnbc.com

Stock futures are flat following a steep sell-off spurred by hot inflation

Thursday's rout in risk assets came as Treasury yields spiked in reaction to the hottest inflation reading in four decades.

cnbc.com

Citi forecasts Federal Reserve to raise rates by 50 basis points in March

Citi economists now expect the Federal Reserve to make a more aggressive 50 basis point hike in the fed funds target rate in March.

cnbc.com

Fed to signal rate hike as it launches risky inflation fight

With inflation punishing consumers and threatening the economy, the Federal Reserve will likely signal its intent this week to begin raising interest rates in March for the first time in three years.

A Massive Yield-Curve Headache Awaits the Federal Reserve

The spread between short- and long-term Treasury yields is rapidly narrowing before rate increases even begin.

washingtonpost.com

A major shift is underway at the Federal Reserve that could see a speedier end to its easy policies

The Fed is likely to decide to double the pace of its taper to $30 billion a month at its December meeting, comments from Fed officials suggest.

cnbc.com

Pressure on Fed's Powell is rising as inflation worsens

Federal Reserve Chair Jerome Powell surely expected to have some breathing room after taking the first step this month to dial back the Fed’s emergency aid for the economy.

Federal Reserve's Bullard expects two rate hikes next year

James Bullard added the caveat that his viewpoint was based on current economic data and that his prediction could change.

cnbc.com

The consumer price index rose 5.4% year over year in September vs. 5.3% estimate

The consumer price index was expected to rise 0.3% in September and 5.3% on a year over year basis, according to economists surveyed by Dow Jones.

cnbc.com

Fed's Bullard says bond purchases should be tapered quickly in case rate hikes are needed

St. Louis Federal Reserve President James Bullard advocated for the central bank to be aggressive as it tapers bond purchases.

cnbc.com

Yellen sees inflation staying higher for the next several months

Treasury Secretary Janet Yellen cautioned Tuesday that inflationary pressures hitting the U.S. economy could last for a while.

cnbc.com

Fed likely to signal a coming pullback in economic support

The Federal Reserve is expected this week to send its clearest signal yet that it will start reining in its ultra-low-interest rate policies later this year, the first step toward unwinding the extraordinary support it’s given the economy since the pandemic struck 18 months ago.

Bullard says the Fed has to 'get going' on the taper, may need to get aggressive to stop inflation

St. Louis Fed President James Bullard says the central bank should have its tapering process finished by the end of March 2022.

cnbc.com

Bullard: Robust job growth supports Fed tapering 'soon'

Last week’s jobs report demonstrated the ongoing strength of the U.S. economy and underscored the need for the Federal Reserve to rein in its stimulus efforts, a Fed official said Tuesday.

Rosengren: Fed should begin slowing stimulus efforts by fall

The president of the Federal Reserve Bank of Boston added his voice to a growing number of people, inside and outside the Fed, who say the central bank should soon begin to dial back its extraordinary aid for an economy that is strongly recovering from the pandemic recession.

Fed's Powell downplays delta variant's threat to the economy

The spread of the COVID-19 delta variant is raising infection rates, leading some businesses and governments to require vaccinations and raising concerns about the U.S. economic recovery.

Fed to discuss a pullback in economic aid with inflation up

With inflation uncomfortably high and the COVID-19 Delta variant raising economic concerns, a divided Federal Reserve will meet this week to discuss when and how it should dial back its ultra-low-interest rate policies.

Fed's Powell says high inflation temporary, will 'wane'

Federal Reserve Chair Jerome Powell said Tuesday that he expects recent price spikes will soon subside and reduce inflation to a sustainable level.

Last week's market worries are no longer in play on Wall Street, Jim Cramer says

"The artificial forces that drove us down have disappeared," the "Mad Money" host said after stocks rebounded from a tough sell-off.

cnbc.com

Powell says economy growing rapidly, inflation up 'notably'

Federal Reserve Chair Jerome Powell says the economy is growing at a healthy clip, and that has accelerated inflation.

Here's why the market may be wrong about the Federal Reserve and interest rates

Monday's aggressive rally came despite the fears of one firm that investors still aren't appreciating how quickly the Fed could raise rates.

cnbc.com

Asian shares track rebound on Wall Street

Asian shares have rebounded from their retreat a day earlier, tracking a recovery on Wall Street.

Cramer's week ahead: 'The sell-off probably isn't done'

The "Mad Money" host said investors should pay close attention to Fed Chair Jerome Powell's upcoming public remarks, as well as earnings from Nike and FedEx.

cnbc.com

Stocks fall on prospect of Fed rate hikes in 2022

Top Fed official says first rate increase could come as soon as next year, a year earlier than previous estimate.

cbsnews.com

Fed's Jim Bullard sees first interest rate hike coming as soon as 2022

St. Louis Federal Reserve President James Bullard told CNBC that he sees an initial interest rate increase happening in 2022 as inflation picks up.

cnbc.com

Stocks slump again, S&P 500 heading for worst loss in month

Stocks are slumping on Wall Street Friday, and the S&P 500 is on track for its first losing week in four.

Asian shares advance as investors await US growth data

Asian stock markets have risen as inflation fears eased and investors looked ahead to U.S. data that are expected to show economic growth accelerating.

Senate confirms Christopher Waller to serve on Fed's board

WASHINGTON – The Senate on Thursday narrowly confirmed the nomination of Christopher Waller for the Federal Reserve's Board of Governors, placing another of President Donald Trump's picks on the Fed's influential board after a string of high-profile rejections. Waller had won some Democratic votes when the Senate Banking Committee approved his nomination in July. And some worried that Waller would agree with the Fed's recent moves to loosen regulations on large banks. With Waller's confirmation by the Senate, four of the Fed's six governors have now been chosen by Trump. Trump’s two previous picks for the Fed's board, Stephen Moore and Herman Cain, ran into so much opposition that they withdrew from consideration before their nominations came before the Senate.

Dow futures slide as trade fears overshadow Fed moves

The trade news was overshadowing the annual Federal Reserve symposium in Jackson Hole, at which Fed Chairman Jerome Powell will give a highly anticipated speech at 10 a.m. Stock futures, which were initially up, dropped on the reports of Chinese tariffs, with futures for the Dow down 0.3%, and those for the S&P 500 and the Nasdaq Composite, down 0.3% and 0.4%, respectively. The Chinese tariffs will impact $75 billion worth of US goods and range from 5% to 10%, according to multiple news reports. Prior to the tariff news, St. Louis Fed President James Bullard talked monetary policy as the day in Jackson Hole is getting under way. Bullard spoke out in favor of interest rate cuts on CNBC given the recent inversion of the Treasury yield curve.

Fed dissenters say economy didn't need rate cuts

Chip Somodevilla/Getty Images(CNN) - Two regional Federal Reserve presidents publicly dissented Friday over this week's interest rate cuts, issuing separate statements arguing that economic conditions didn't warrant easing. "I do not see a clear and compelling case for additional monetary accommodation at this time," said Boston Fed President Eric Rosengren in a statement. "Incoming economic data and the outlook for economic activity over the medium term warranted no change in the policy rate," Kansas City Fed President Esther George said in her statement, adding maintaining interest rates would have been "appropriate." The Fed has left the door open for further rate cuts, while also suggesting that it has not entered an extended period of lowering rates. Members of the Federal Open Market Committee, comprised of the seven Board members and 12 regional Fed presidents, have dissented under both of Powell's predecessors.

  • TV Listings
  • Contact Us
  • Email Newsletters
  • RSS Feeds
  • Contests and Rules
  • Closed Captioning / Audio Description
  • Careers at WJXT / WCWJ
  • Terms of Use
  • WJXT Public File
  • WCWJ Public File
  • FCC Applications
  • Privacy Policy
  • Do Not Sell My Info
Follow Us
facebook
twitter
instagram
rss
Get Results with Omne
Omne Results Logo

For assistance with WJXT’s or WCWJ's FCC public inspection file, call (904) 393-9801.


Graham Media Group LogoGraham Digital Logo

Copyright © 2023 News4JAX.com is managed by Graham Digital and published by Graham Media Group, a division of Graham Holdings.