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Fed Inflation Projections Are a 'Head Scratcher', RBC Economist Says

The Fed's inflation forecasts are a "head-scratcher," and the recession outlook could be worse than what Powell has made it out to be, RBC said.

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Fed Won't Cut Rates As Inflation Battle Will Last Till 2024: Goldman

David Mericle of Goldman Sachs believes the Fed still has work to do on cooling wage inflation before it can think about cutting interest rates.

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A Recession Is Highly Likely As Fed Projections Are 'Horribly Wrong': El-Erian

"Do we crush the economy more? Not a good idea," top economist Mohamed El-Erian said, warning a recession looks likely.

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'Powell Recession' Looms As Indicator Shows Near-100% Odds of Downturn

"It is clearly saying high short term interest rates are going to cause a recession in the next 12 months," said DataTrek's Nicholas Colas.

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Bankrupt Celsius Gets Court OK to Hand Out $2.8 Million in Staff Bonuses

Celsius has also asked the court to let it sell $18 million of user-deposited crypto to pay its bills, in a tussle over who the assets belong to.

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