The Fed just ‘Trump-proofed’ itself with a unanimous move to preempt a potential leadership shake-up
The Federal Reserve’s early reappointment of its regional bank presidents took markets by surprise and eased concerns the…
Fed’s Jay Powell voices fear of K-shaped economy: ‘How sustainable it is, I don’t know’
U.S. Federal Reserve Chair Jerome Powell on Wednesday confirmed that a “K-shaped economy” appeared to be developing in…
Wall Street is expecting a 25bps cut from Powell, and little talk of a December cut
With the government still shut down, the Federal Open Market Committee (FOMC) will be making its decision about…
Stock market today: Dow futures jump as US-China trade war cools
U.S. stocks signaled another rally on Sunday night after the Trump administration negotiated a framework for a trade…
Ken Griffin has a warning for Trump and the GOP: ‘I would not underestimate how grating a 3% inflation rate could be’
For Citadel CEO Ken Griffin, the political implications of still-elevated inflation are not lost on him. Inflation has…
U.S. stocks are chipping away at Europe’s outperformance, and Powell slipped in this dovish signal
After President Donald Trump shocked global markets with his aggressive tariffs earlier this year, investors turned away from…
Powell showed he’s still ‘firmly in control’ after White House adviser Miran’s first FOMC meeting
Jerome Powell’s first meeting with Stephen Miran produced an unexpectedly broad majority to lower rates by a quarter…
The Fed ‘desperately’ wants to avoid a recession because it doesn’t want to get blamed: Zandi
The Federal Reserve may have more at stake than economic growth as policymakers prepare to meet on rates…
Stock market today: Dow futures up as Wall Street eyes the one thing that could derail Fed rate cut
Stock futures gained momentum on Sunday evening as investors brace for fresh inflation data and political turmoil overseas…
The Fed got it wrong and is late again, top economist says, as job gains collapse
Allianz chief economic advisor Mohamed El-Erian said the Federal Reserve is behind the curve in lowering rates now that the…
Mortgage rates plunge on Fed rate cut hopes, and many lenders may quote in the high 5% range
After a disappointing spring and summer, the housing market could start to heat up as fall approaches with…
What would the Fed do in a tie vote? It’s not clear, and the BoE had to break a deadlock this month
There has never been a tie vote on the rate-setting Federal Open Market Committee, but the Federal Reserve…