Michael Gapen

Bank Of America Sticks To December Rate Cut Prediction, Braces For Election-Fueled S&P 500 Turbulence

If June Inflation Report Is 'Another Confidence Builder,' Fed Rate Cut Will Come Next: Bank Of America

Bank Of America Predicts First Rate Cut In December: 'Higher-For-Longer Flavor'

If June Inflation Report Is 'Another Confidence Builder,' Fed Rate Cut Will Come Next: Bank Of America

Bank Of America Predicts First Rate Cut In December: 'Higher-For-Longer Flavor'

Are More Americans Looking For A Job? Here's What The Next Employment Report Might Show

April Jobs Report Preview: Bank Of America Anticipates Solid Payrolls Growth, Rising Wage Pressures

Are More Americans Looking For A Job? Here's What The Next Employment Report Might Show

April Jobs Report Preview: Bank Of America Anticipates Solid Payrolls Growth, Rising Wage Pressures

Federal Reserve Meeting Preview: High Interest Rates 'Need More Time To Work,' Bank of America Says

Bank Of America Withdraws Recession Forecast Amid Strong Job Market, Expresses Concerns Over New Capital Rules

Michael Gapen Recent News

Hawks Are Circling Wall Street: Two Top Analysts Call For The Fed To Resume Hikes In July

A Fed Rate Hike Is All But Certain This Week: 2 Phrases In The FOMC Statement May Be What Moves The Market

The Federal Open Market Committee (FOMC) is widely expected to issue at least one more 0.25% interest rate hike at the conclusion of its meeting on Wednesday. The rate hike itself will likely not move financial markets much, but the language the FOMC uses in its policy statement could be a major catalyst.

How Have Bank Failures Impacted The Outlook For Interest Rates?

In February, the U.S. Federal Reserve raised its target Fed funds rate by 0.25% to a new target range of between 4.5% and 4.75% as it attempts to get inflation under control.

Is The Fed Making A 'Policy Mistake' That Will Guarantee A 2023 Recession?

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower by 1.4% on Friday as the market headed for its second straight weekly decline.

Did The Drop In CPI Inflation Impact The Outlook For Interest Rates?

The U.S. Federal Reserve recently raised its target Fed funds rate by 0.75% for the fourth time in five months as it attempts to get inflation under control.

Why The Fed Needs To 'Break The Labor Market' To Avoid A 'Wage-Price Spiral'

Another hot consumer price index (CPI) reading for September means the Federal Reserve will continue to aggressively tighten monetary policy for the time being.

Analyst Hikes CPI Inflation Forecast, Expects Fed To Raise Interest Rates Another 1.75% By February

The Consumer Price Index (CPI) was up 8.3% in August and remains at multi-decade highs despite the best efforts of the Federal Reserve to get inflation under control.

Why A 1% July Interest Rate Hike May Be Off The Table

The U.S. Federal Reserve raised its target Fed funds rate by 0.75% in June, its first interest rate hike of that size since 1994. With this month's Federal Open Market Committee meeting just around the corner, investors are still debating whether the Fed will opt for another 0.75% rate hike or go even more aggressive with a full 1% hike.

7 Wall Street Firms Interpret Yellen's Jackson Hole Speech

Barclays Maintains Call For A September Rate Hike Following Yellen's Speech

Got Yield? How To Get Ahead Of The Curve

How Wall Street Is Reacting To The FOMC Rate Decision

If China Sneezes, Who Else Gets Sick?

Barclays' Chief U.S. Economist Thinks The Spillover Risk Of Grexit 'Is Contained At This Point In Time'

What The Market Wants And Needs To Hear From The Fed Next Week