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☆ Student protesters facing disciplinary action may also deal with financial setbacks
▼ + stars: | 2024-05-07 | by ( Annie Nova | ) www.cnbc.com time to read: +5 min

NYPD officers in riot gear enter Columbia University's encampment as they evict a building that had been barricaded by pro-Palestinian student protesters in Los Angeles, United States on April 30, 2024. Shay Horse | Nurphoto | Getty ImagesStudents can lose housing and morePro-Palestine protesters locked arms after several demonstrators knocked fences down and opened the Massachusetts Institute of Technology (MIT) encampment back to student protesters during the demonstration. Rallies and protest camps persist at the Massachusetts Institute of Technology (MIT) campus as student demonstrators demand divestment from Israeli military ties. Federal loan bills could come earlierSuspended or expelled students may also get their federal student loan bills sooner than they expected, Kantrowitz said. If a suspension ends and a student returns to college before the six months, their grace period should reset, Kantrowitz said.

Persons: Shay Horse, Sally Kornbluth, Vincent Ricci, Martin Stolar, Kantrowitz, Ellen Granberg Organizations: Palestinian, Getty, Palestine, Massachusetts Institute of Technology, MIT, CNBC, George Washington University, American Civil Liberties Union of Indiana, Indiana University, U.S . Department of Education Locations: Los Angeles, United States, Kresge, New York, Gaza

☆ Fed trajectory is 'bumpy' as macroeconomy has a lot of momentum, says Dreyfus and Mellon's Reinhart
▼ + stars: | 2024-04-30 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFed trajectory is 'bumpy' as macroeconomy has a lot of momentum, says Dreyfus and Mellon's ReinhartVincent Reinhart, Dreyfus and Mellon chief economist and former Fed economist, joins 'Money Movers' to discuss the current macroeconomic picture relative to the Fed's trajectory, how hawkish Jerome Powell will sound, and much more.

Persons: Dreyfus, Mellon's Reinhart Vincent Reinhart, hawkish Jerome Powell Organizations: Mellon, Fed

☆ I grew up homeless and was a millionaire by 35. I'm teaching my kids to budget so they always have stability.
▼ + stars: | 2024-04-28 | by ( Kelly Burch | ) www.businessinsider.com time to read: +5 min

I had a home, and I also knew I wanted money. That's when I really started thinking about the life I wanted my children to live. Our kids save for their wantsBoth my kids earn money through doing chores. I want my kids to be motivated, not entitledThere are many things I'm able to give my kids that my parents couldn't give me. I'm thrilled to be able to offer my kids the kind of life I only saw on television.

Persons: —, Stephanie Mearse, Joseph, Vincent, I'd, Tiffany, they'll, They'll Organizations: Service, Business

☆ Opinion: The day of the Columbia disaster still haunts me
▼ + stars: | 2024-04-14 | by ( Miles O'Brien | ) edition.cnn.com time to read: +16 min

The CNN Original Series, “Space Shuttle Columbia: The Final Flight,” uncovers the events that ultimately led to disaster. Miles O'Brien Vincent RicardelI was at the Kennedy Space Center in Florida to cover the launch of the space shuttle, Columbia. Space Shuttle Columbia launches from the Kennedy Space Center in Florida on January 16, 2003. Space Shuttle Columbia launched from the Kennedy Space Center in Florida at 10:39 a.m. NASA Space Shuttle Columbia lifts off from the Kennedy Space Center in Florida on January 16, 2003.

Persons: Miles O’Brien, ”, Miles O'Brien Vincent Ricardel, Ilan Ramon, Scott Andrews, NASA's, Michael P, Anderson, William C, McCool, Rick D, David M, Brown, Laurel, Kalpana Chawla, Joe Skipper, Karl Ronstrom, Ramon, NASA Chawla, Clark, Chawla, Robert Giroux, Kathryn O'Neill, Zachary, Brett Coomer, Florida Sen, Bill Nelson, Matt Stroshane, Tommy Peltier, Eric Gay, Smiley, Gene Theriot, Sean O'Keefe, George W, Bush, Ron Dittemore, Joe Cavaretta, O'Keefe, Mannie Garcia, NASA Sandy Anderson, Carlos Noriega, Michael L, Coats, Evelyn Husband, Thomas, John Raoux, Glenn Benson, Kim Shiflett, Dave Santucci, “, —, Heidi Collins, Janeane Garofalo, “ Let’s, would’ve Organizations: PBS, CNN, Space Shuttle Columbia, NASA, Kennedy Space Center, Engineers, Reuters Space Shuttle Columbia, Scott Andrews People, Control Center, Getty, NASA Space, Columbia, Israeli Air Force, Space Shuttle, Red Team, Blue Team, Shuttle Columbia, Space, Johnson Space Center, Former, Houston, Houston Chronicle, People, US Navy Corps, Columbia Reconstruction, NASA Workers, Astronauts Memorial Foundation, Reuters, Bannock, Bannock Junior, Senior, Bannock High School, Johnson Space, Challenger, Shuttle, CNN Center, US Locations: Atlanta and New York, Florida, Columbia, synchronicity, Houston, Israel, SPACEHAB, New York, Laguna Hills , California, Texas, San Augustine , Texas, Washington ,, Shoshone, Fort Hall , Idaho, Iraq, Atlanta, United States, California, Dallas

☆ Oil price surge is the No. 1 threat to the US economy, Moody’s economist warns
▼ + stars: | 2024-04-08 | by ( Matt Egan | ) edition.cnn.com time to read: +6 min

But there is a growing threat to that sunny economic backdrop: surging oil prices. Global oil prices are flirting with $92 a barrel amid worries about a wider war in the Middle East. US oil prices surged above $87 a barrel late last week for the first time since late October, leaving them up about 21% this year. First, drone attacks on oil refineries deep inside Russia helped lift oil prices last month. Beyond the Middle East tensions, oil and gas prices have been boosted by OPEC and its allies, which continue to restrain supply.

Persons: “, ”, Mark Zandi, Moody’s, Donald Trump, Trump, ” Zandi, hasn’t, Andy Lipow, Brent, ” Helima Croft, Joe Brusuelas, ” Brusuelas, Brusuelas, Vincent Reinhart, Mellon, ” Reinhart, he’s, Patrick De Haan, ” De Haan Organizations: New, New York CNN, Federal Reserve, Wall, CNN, “, Iranian Revolutionary Guards, Lipow Oil Associates, CIA, RBC Capital Markets, RSM, AAA, OPEC, Lipow Locations: New York, Iran, Russia, Syria, Israel, Quds, “

☆ Former Fed economist on the election's impact on rate cuts
▼ + stars: | 2024-03-19 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFormer Fed economist on the election's impact on rate cutsVincent Reinhart, Dreyfus and Mellon chief economist and former Fed economist, joins 'Money Movers' to discuss why investors shouldn't expect the Fed to start easing rates, whether the Federal Reserve would ease in June to avoid easing around the election, and more.

Persons: Vincent Reinhart, Dreyfus Organizations: Former, Mellon, Fed, Federal

☆ The Fed will put off policy action until at least June: Dreyfus and Mellon's Vincent Reinhart
▼ + stars: | 2024-01-31 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Fed will put off policy action until at least June: Dreyfus and Mellon's Vincent ReinhartVincent Reinhart, Dreyfus and Mellon chief economist and former Fed economist, joins 'Money Movers' to discuss what to expect from the Federal Reserve in March, the risks to inflation, and clues to see an incrementally weaker job market.

Persons: Dreyfus, Mellon's Vincent Reinhart Vincent Reinhart Organizations: Mellon, Fed, Federal Reserve

Since June, the quarterly "dot plot" of policymakers' projections of the appropriate path of policy has shown rates rising another quarter point this year. Investors will be eager for the boost a rate cut would give to markets, and consumers will be relieved by lower mortgage and credit rates. Indeed, in remarks last week Fed Chair Jerome Powell noted that over the last six months inflation had averaged around 2.5%. Investors, meanwhile, have become increasingly fixed on March as a starting point for rate cuts. Between falling inflation and a modest slowdown in growth, Powell said: "We are getting what we wanted to get."

Persons: Vincent Reinhart, Dreyfus, Reinhart, Donald Trump, Michael Gapen, Gapen, Jerome Powell, Powell, Christopher Waller, Howard Schneider, Andrea Ricci Organizations: . Federal Reserve, Mellon, WE, Republican, Bank of America, Fed, Spelman College, Thomson Locations: U.S, Atlanta

☆ HBO just released its first teaser for 'House of the Dragon' season 2. Expect more dragons and more bloodshed.
▼ + stars: | 2023-12-03 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +7 min

AdvertisementGet ready, because the second season of "House of the Dragon" is less than a year away. "House of the Dragon" season two will arrive on HBO sometime in the summer of 2024, HBO CEO Casey Bloys said at a Warner Bros. The first trailer for 'House of the Dragon' season 2 was released in DecemberThe first trailer for the second season was released on December 2 during the "House of the Dragon" panel at CCXP23 in São Paulo, Brazil. You can check it out here:Who's in the cast of 'House of the Dragon' season 2? Theo Whiteman/HBOWhile season one of "House of the Dragon" had 10 episodes, season two will only have eight, Deadline reported in March.

Persons: —, George R.R, Casey Bloys, Martin, Emma D'Arcy, Matt Smith, Matthew Needham, Eve Best, Rhys Ifans, Phoebe Campbell, Bethany Antonia, Ewan Mitchell, Fabien Frankel, Harry Collett, Olivia Cooke, Phia Saban, Steve Toussaint, Tom Glynn, Carney, Ollie Upton, Milly Alcock, Rhaenyra, Viserys, Paddy Considine, Simon Russell Beale, Ser Simon Strong, Freddie Fox, Ser Gwayne Hightower, Gayle Rankin, Alys, Abubakar Salim, Clinton, Jamie Kenna, Ser Alfred Broome, Kieran Bew, Hugh, Tom Bennett, Ulf, Tom Taylor, Cregan Stark, Vincent Regan, Ser Rickard Thorne, Theo Whiteman, Aemond, Miguel Sapochnik, Sapochnik, Ryan Condal, Alan Taylor, Condal, Alicent, Alicent Hightower, Rhaenyra Targaryen, Glynn, D'Arcy Organizations: Service, Dragons, HBO, Warner Bros, WGA, SAG, Entertainment, Jefferson, Clinton Liberty, Hollywood, Aegon Locations: Westeros, London, Wales, British, São Paulo, Brazil, Alys Rivers, Hull

☆ Everything we know about 'House of the Dragon' season 2
▼ + stars: | 2023-12-03 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +7 min

That was the lowest year-over-year inflation rate in more than 2 1/2 years. Core prices rose 3.5% in October from a year earlier, below the 3.7% year-over-year increase in September. Those price increases, though smaller than they were last year, are still faster than was typically true before the pandemic. The declines in spending on those items suggests that the Fed's rate increases are discouraging purchases in some areas. The central bank’s rate rate hikes have elevated the costs of mortgages, auto loans and other forms of consumer borrowing as well as business loans.

Persons: They've, ” Vincent Reinhart, Christopher Waller, Waller Organizations: WASHINGTON, Commerce Department, Dreyfus, Mellon, AAA, Fed Locations: Europe, U.S

☆ Chipmaker Analog Devices' forecasts held back by inventory corrections
▼ + stars: | 2023-11-21 | by ( ) www.reuters.com time to read: +2 min

Analog Devices' logo is pictured on a smartphone in this illustration taken, December 4, 2021. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsNov 21 (Reuters) - Chipmaker Analog Devices (ADI.O) projected first-quarter revenue and profit below market estimates on Tuesday, as it grapples with the ongoing supply glut in the semiconductor industry. Inflation-hit customers have refrained from placing new orders for chips, leading to excess supply at companies such as Analog Devices after a pandemic-driven buying spree fizzled out. First-quarter adjusted earnings are expected to be $1.70 per share, plus or minus 10 cents, below analysts' average estimates of $1.90. Cautious spending by automakers fearing a slowdown in their electric-vehicle businesses has also weighed on orders at Analog Devices.

Persons: Dado Ruvic, Vincent Roche, Arsheeya, Tasim Zahid Organizations: REUTERS, Texas, Analog Devices, Thomson Locations: Bengaluru

There's music to enjoy too, with Hannah Waddingham leading an Apple TV+ special and the annual Tabernacle Choir concert airing on PBS. Here's where — and when, in Eastern Standard Time — to watch this year's holiday TV bonanza. Hatcher offers a second holiday movie helping this season with a rekindling romance rom-com. The quintet portray former soap opera co-stars who come together for a live holiday special and play matchmakers with their producer and director. HOLIDAY TUNES“Ted Lasso” star Hannah Waddingham taps into her musical theater background by hosting her own Christmas special for Apple TV+ called “ Hannah Waddingham: Home for Christmas."

Persons: Charlie Brown, ”, Melissa McCarthy's, Hannah Waddingham, Lori Loughlin, Teri Hatcher, Lacey Chabert, Denise Richards, Hatcher, Kate Hudson's “, Loughlin, James Tupper, Paul Hollywood, Prue Leith, “, Joel McHale, Phoebe Robinson, Heather McMahan, Chris “ Ludacris ” Bridges, Eddie, Teyonah Parris, Nick, Lil Rel Howery, Santa Claus, Varun Saranga, Jean, Luc Bilodeau, Devyn Nekoda, Nadine Bhabha, Sarah Levy, Leighton Meester, Robbie Amell, “ EXmas, Graham, Ali, Scott Wolf, Jenn Lilley, Matthew Morrison, William DeVry, Chabert, Holly, Kristoffer Polaha, Bethany Joy Lenz, Loni Anderson, Morgan Fairchild, Linda Gray, Donna Mills, Nicollette Sheridan, Jonathan Bennett, Cherry, Vincent Rodriguez III, Erin Cahill, John Brotherton, James Denton, Catherine Bell, Tia Mowry, Kringle, Buddy Valastro, Melissa McCarthy, Paapa, Candace Cameron Bure’s, Natasha Bure, Natasha, Cheryl Ladd, Wolf, Andy Rooney, he’s, Rudolph, Red, “ Frosty, Frosty, Nick Jr, “ Bossy, Vic Michaelis, Bryan Greenberg, Ted Lasso ”, Broadway’s Lea Salonga, Sir David Suchet, Fox’s, Singer ”, ” alums, Nick Cannon, Jenny McCarthy, Wahlberg, Ken Jeong, Robin Thicke, Nicole Scherzinger Organizations: Disney, Apple, Tabernacle Choir, Hulu, Amazon, “ Party, Hallmark, Hallmark Channel, Biltmore Estate, “ Ladies, Lifetime, Netflix, TBS, TNT, CBS, Paddington, London Coliseum, Tabernacle, PBS Locations: Peacock, Milwaukee, Santa, “, North Carolina, New York, Santa Claus

☆ The US dollar is 'not forever' a safe haven asset, says Dreyfus and Mellon's Reinhart
▼ + stars: | 2023-10-31 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe US dollar is 'not forever' a safe haven asset, says Dreyfus and Mellon's ReinhartVincent Reinhart, Dreyfus and Mellon chief economist and macro strategist, joins 'Squawk on the Street' to discuss what the rise in the long end of the yield curve could do for the Federal Reserve, how the United States' rate decision impact the global economy, and more.

Persons: Dreyfus, Mellon's Reinhart Vincent Reinhart Organizations: Mellon, Federal Reserve Locations: United States

☆ Red Wings' Alex DeBrincat aims to continue hot start vs. Jackets
▼ + stars: | 2023-10-15 | by ( Field Level Media | ) www.reuters.com time to read: +3 min

October 15 - Alex DeBrincat has delivered a much-needed scoring punch in his first two games with the Detroit Red Wings. He'll look to score for a third consecutive game when the Red Wings travel to Columbus, Ohio, to face the Blue Jackets on Monday night. A Michigan native, DeBrincat supplied two goals and an assist in Detroit's 6-4 victory over Tampa Bay on Saturday. With the Red Wings, DeBrincat is skating on the first line with center and team captain Dylan Larkin. The Red Wings took two of three games against the Blue Jackets last season.

Persons: Alex DeBrincat, DeBrincat, Dylan Larkin, Larkin, Lucas Raymond, Derek Lalonde, Lalonde, Columbus, Boone Jenner, Pascal Vincent, Vincent, Jenner Organizations: Detroit Red Wings, Ottawa, Red Wings, Blue Jackets, Tampa, Senators, Chicago, New, Philadelphia, New York Rangers, Wings, Thomson Locations: Columbus , Ohio, Michigan, Tampa Bay, New Jersey

☆ A group of bull sharks lived in a golf course pond for 17 years. Scientists say they could be in other ponds in Australia
▼ + stars: | 2023-09-28 | by ( Maiya Focht | ) www.businessinsider.com time to read: +4 min

A group of bull sharks lived in a freshwater golf course pond for over 17 years. AdvertisementAdvertisementFor almost two decades, a golf course in Australia boasted a unique selling point — a shark-infested pond near its fourteenth hole. Sharks in a golf course pond is odder still. They are somewhat of a scientific marvel because they've lived in freshwater longer than any other bull shark that scientists have observed. AdvertisementAdvertisementAccording to a recent study, these bull sharks in the golf course pond lived there for an estimated 17 years — more than half of bull sharks' projected 30-year life span.

Persons: —, they've, Melissa Cristina Márquez, wasn't, Amy Smoothey, Slate, Vincent Raoult, it's, Peter Gausmann Organizations: Service, Sharks, Forbes, Deakin University, New York Times Locations: Australia, Panama, South Africa

☆ Gas is rapidly approaching $6 in one state
▼ + stars: | 2023-09-19 | by ( Matt Egan | ) edition.cnn.com time to read: +6 min

In California, gas prices are rapidly approaching $6 a gallon. Nationally, gas prices remain well below the record of $5.02 set last June. Still, US gas prices climbed this week to $3.88 a gallon, the highest level of the entire year, according to AAA. Boosted by those two nations’ aggressive supply cuts, US oil prices climbed to as high as $93.74 a barrel on Tuesday. And this recent rise in gas prices is causing headaches for some in Washington.

Persons: it’s, That’s, Pain, Joe Biden’s, Jerome Powell, Powell, ” Nicholas Colas, Colas, “, ”, Joe Brusuelas, Andy Lipow, Lipow, Russia don’t, Brent, Goldman Sachs, Vincent Reinhart, RSM’s, Reinhart, ’, Morgan Stanley, Kristina Hooper Organizations: New York CNN, —, AAA, Brent, Federal, DataTrek Research, RSM, Lipow Oil Associates, Rockies, Citigroup, Fed, Mellon Locations: United States, West Coast, In California, Los Angeles, Long Beach, California, Washington and Nevada, Saudi Arabia, Russia, It’s, Washington, OPEC

Student loan repayments restart in October after a three-year suspension during the COVID-19 pandemic. In isolation, none would likely shift policymakers' sense of the short-term risks or change their focus on quelling still-elevated inflation. By Goldman's estimate the economy would still be growing at a 1.3% annual rate at that point. But the amounts they see sliced from GDP are more than the 1% growth rate Fed officials expected the economy to muster as of June, and beyond many private forecasts as well. Some economists say the resumption of student loan repayments for tens of millions of borrowers may already be reshaping behavior.

Persons: Goldman Sachs, Vincent Reinhart, Reinhart, Michael Pearce, Ian Shepherdson, Kieran Clancy, They've, Howard Schneider, Dan Burns, Andrea Ricci Organizations: . Federal Reserve, United Auto Workers, Federal, Republicans, Reuters Graphics Reuters, Mellon, Reuters, Oxford Economics, Congressional, U.S . Department, Education, Thomson

☆ Watch CNBC's full interview with Dreyfus & Mellon's Vincent Reinhart
▼ + stars: | 2023-09-13 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Dreyfus & Mellon's Vincent ReinhartVincent Reinhart, Dreyfus and Mellon chief economist and macro strategist, joins 'Squawk on the Street' to discuss the August CPI print's impact on interest rates, what to expect from the Fed's next meeting, and more.

Persons: Dreyfus, Mellon's Vincent Reinhart Vincent Reinhart Organizations: Mellon

☆ Fed on schedule to pause in September: Dreyfus and Mellon's Vincent Reinhart
▼ + stars: | 2023-09-13 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFed on schedule to pause in September: Dreyfus and Mellon's Vincent ReinhartVincent Reinhart, Dreyfus and Mellon chief economist and macro strategist, joins 'Squawk on the Street' to discuss the August CPI print's impact on interest rates, what to expect from the Fed's next meeting, and more.

Persons: Dreyfus, Mellon's Vincent Reinhart Vincent Reinhart Organizations: Fed, Mellon

The mayor’s return to New York City from overseas was plagued by mishap. The chair of his “reception committee” was late; his aides violated the health code by boarding the mayor’s ship, the Vulcania, before the ship could be screened for contagion. And reporters — barred from asking questions on political or administrative matters — had the nerve to question the length of the mayor’s journey, which, in an apparent first for a New York City mayor, included a three-day visit to the new nation of Israel. In the 72 years since Mayor Vincent R. Impellitteri’s voyage in 1951, every single New York City mayor would follow his lead, in recognition of a faith-based political reality: New York City is home to the largest population of Jews outside of Israel. Mayor Eric Adams upheld that rite of passage this week, visiting Jerusalem and Tel Aviv in a three-day tour highlighted by meetings with Israel’s prime minister, Benjamin Netanyahu, and its president, Isaac Herzog.

Persons: ”, —, Vincent R, Eric Adams, Benjamin Netanyahu, Isaac Herzog Organizations: New, New York City, York Locations: New York City, New York, Israel, York City, Jerusalem, Tel Aviv

☆ Analog Devices' fourth-quarter forecasts disappoint as consumer demand weakens
▼ + stars: | 2023-08-23 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsAug 23 (Reuters) - Analog Devices (ADI.O) forecast fourth-quarter revenue below Wall Street targets on Wednesday, in a sign that the chip industry inventory glut, fueled by weak consumer demand, might prevent fresh orders from flowing in. U.S.-based Analog Devices projected fourth-quarter revenue of $2.70 billion, plus or minus $100 million, compared with analysts' average estimate of $3.01 billion, according to Refinitiv data. Rival Texas Instruments (TXN.O) also forecast third-quarter revenue below market estimates as weak consumer demand prompted electronics makers to be cautious about buying chips. Analog Devices also forecast fourth-quarter adjusted earnings of $2 per share, plus or minus 10 cents, below analysts' estimate of $2.39 per share profit. Its third-quarter revenue fell about 1% to $3.08 billion, missing estimates, weighed by the consumer sector.

Persons: Dado Ruvic, Vincent Roche, Arsheeya, Shilpi Majumdar Organizations: REUTERS, Research, Devices, Texas, ON Semiconductor, NXP Semiconductors, Thomson Locations: China, Vincent Roche ., Bengaluru

☆ Smoky Skies Menace U.S. Cities, Driving Residents Indoors
▼ + stars: | 2023-06-28 | by ( Julie Bosman | ) www.nytimes.com time to read: +1 min

The Great Lakes region was enveloped in smoke and haze from Canadian wildfires for a second day on Wednesday, prompting millions of Americans to stay indoors in the heart of summer to avoid the unhealthy air. In Chicago, the city’s famous skyline was shrouded in whitish, smoky clouds as President Biden, visiting for the day, delivered a speech downtown on his economic policies. Pools and summer camps in Madison, Wis., were closed down, forcing parents to scramble to find child care. Cleveland residents who ventured outside could taste the smoke in the air, the worst conditions that many had seen since the first wave from Canadian wildfires descended into the northern United States this month. “I’m going to be out here 10 or eight hours today, so that’s a long day to be breathing in this kind of air.”

Persons: Biden, ”, Vincent Radzilowski, “ I’m Locations: Chicago, Madison, Wis, Cleveland, United States

☆ Harder for the Fed to restart rate hikes once they stop, says Dreyfus and Mellon's Vincent Reinhart
▼ + stars: | 2023-06-13 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHarder for the Fed to restart rate hikes once they stop, says Dreyfus and Mellon's Vincent ReinhartVincent Reinhart, Dreyfus and Mellon chief economist and macro strategist, joins 'Squawk on the Street' to discuss the Fed's inflation fight, why it would be a mistake not to hike rates, and more.

Persons: Dreyfus, Mellon's Vincent Reinhart Vincent Reinhart Organizations: Fed, Mellon

The path to the pause will roll out in marquee monthly data on the key topics of jobs and prices, but also weekly series tracking emerging concerns about the financial industry. Here's a guide to what's ahead:JOBS: Next release May 5The data calendar will let the Fed receive two monthly jobs reports, covering April and May, before its June 13-14 policy meeting. For the Personal Consumption Expenditures price index, the measure used to set the Fed's 2% inflation target, only the April report will be available. Reuters Graphics Reuters GraphicsReuters GraphicsFEDSPEAK: OngoingThe Fed's internal communications rules set a "blackout" period around each policy meeting. The curtain of silence around the May meeting lifts on Friday, May 5, and Fed officials can speak publicly about their views through Friday, June 2.

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