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News Highlights : Top Global Markets News of the Day - Tuesday at 1 PM ET -February 13, 2024 at 01:16 pm EST

Stocks Tumble After CPI Data U.S stocks fell sharply following a hotter-than-expected January CPI report, which altered expectations for rate cuts from the Federal Reserve. Inflation at...
America Arent Federal Reserve China Shipyards Are Ready Companies From China Index Amid Market Stocks Tumble After Reflects Stubborn Pricing Pressure

Deep Recession to Force Full Percentage-Point Fed Cut, DoubleLine Warns

(Bloomberg) -- Markets should brace for a deep US recession that warrants a dramatic one percentage-point interest-rate cut by the Federal Reserve, warned DoubleLine Capital’s Jeffrey Sherman.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled A...
New York United States Bloomberg Businessweek Jeffrey Sherman Jeffrey Gundlach Aline Oyamada
Source: yahoo.com

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