Brian Cheung
Yahoo Finance
New York, NY, United States
Contact Brian
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Recent articles by Brian:
Crypto gains didn't hold back hiring, and losses won't hurt the labor market: Goldman
Goldman Sachs says the U.S. economy should be well-insulated from the wealth effect of falling crypto prices. → Read More
Big retailers might soon be forced to offer big discounts: Morning Brief
Here's what to watch in the markets on Thursday, May 19, 2022. → Read More
Powell: 'Some pain' may be required to slow inflation
Federal Reserve Chairman Jerome Powell said Tuesday that the central bank will continue to raise short-term interest rates until there is “clear and convincing evidence” that inflation is coming down. → Read More
St. Louis Fed's Bullard: Inflation 'broader, more persistent' than originally thought
Federal Reserve Bank of St. Louis President James Bullard told Yahoo Finance Wednesday that a 0.75% hike from the Fed is not his base case at the moment. → Read More
Lorie Logan moves from New York Fed to become new Dallas Fed leader
The Federal Reserve Bank of Dallas announced Wednesday that Lorie Logan will serve as its next president, replacing Robert Kaplan. → Read More
Atlanta Fed's Bostic: 'Don't think that the Fed overdid' monetary stimulus
Atlanta Fed President Raphael Bostic said Tuesday that the central bank did not overdo its money printing during the depths of the pandemic, expressing confidence that the Fed can get high inflation under control. → Read More
Cleveland Fed's Mester 'comfortable' with 0.50% rate hikes at next two meetings
Cleveland Fed President Loretta Mester said she would be "comfortable" with 0.50% interest rate increases at the Fed’s next two meetings, as the central bank continues to fight high inflation. → Read More
There is an asset class that is doing well: Morning Brief
Here's what to watch in the markets on Tuesday, May 10, 2022. → Read More
Powell: Fed not currently considering 0.75% interest rate hikes
Federal Reserve Chairman Jerome Powell on Wednesday ruled out a 0.75% move higher in interest rates in the immediate future. → Read More
Fed expected to raise interest rates by 0.50%
The Federal Reserve is expected to raise interest rates by half a percentage point this afternoon, as the central bank's firefight with high inflation continues. → Read More
The Fed is about to do something it has not done in two decades: Morning Brief
Here's what to watch in the markets on Wednesday, May 4, 2022. → Read More
San Francisco Fed President: Interest rates to move 'expeditiously' higher
San Francisco Fed President Mary Daly said Thursday that she sees the case for quickly moving to raise interest rates this year as inflation remains high. → Read More
High inflation? It's a global story too: Morning Brief
Here's what to watch in the markets on Wednesday, April 20, 2022. → Read More
Global economy to 'slow significantly' following Russian invasion of Ukraine: IMF
The International Monetary Fund said Tuesday that the global economy will grow by 3.6% this year, a markdown from the 4.4% it had projected in January. → Read More
Big banks cautious about credit losses amid war in Ukraine, inflationary pressures
The nation’s largest banks showed signs of concern over the economic picture over the next year, with inflation and geopolitical risks behind a rise in expected credit losses. → Read More
Inflation may have peaked... Or maybe not: Morning Brief
Here's what to watch in the markets on Wednesday, April 13, 2022. → Read More
Russia faces increased risk of default as key US sanction exemption expires in May
S&P Global Ratings says Russia is now in "selective default," as other ratings agencies warn of further restrictive measures at the end of May. → Read More
Federal Reserve plans on a 'predictable' winddown of its $9T in asset holdings
The nation’s central bank fleshed out more details on how it may undo the trillions of dollars in asset purchases it carried out during the COVID-induced economic downturn. → Read More
Remember those crypto Super Bowl ads? Here's why they still matter: Morning Brief
Top news and what to watch in the markets on Wednesday, April 6, 2022. → Read More
Brainard: Fed 'prepared to take stronger action' on inflation
Brainard, who is awaiting a confirmation vote to serve as Federal Reserve vice chair, added that policymakers are attuned to the disparate impacts of inflation on particularly lower-income households. → Read More