Tariffs led us down a different timeline for rates
U.S. Federal Reserve Chair Jerome Powell testifies before the Senate Committee on Banking, Housing, and Urban Affairs, on…
Powell’s $2.5B Fed revamp denial exposes his privileged arrogance
Is Jerome Powell a liar or a fool? The august chairman of the Federal Reserve Board Chair told…
Dow jumps, Nasdaq slides as Trump tax bill sails through Senate
Federal Reserve Chair Jerome Powell has begun speaking about the Fed’s policy stance at an ECB forum in…
World economy faces ‘pivotal moment,’ central bank body BIS says
Trade tensions and fractious geopolitics risk exposing deep fault lines in the global financial system, the central bank…
Jerome Powell accused of lying to Congress over $2.5B ‘Palace of Versailles’ HQ revamp
Federal Reserve Chair Jerome Powell is being accused of lying to Congress after he denied that a $2.5…
A hectic half first heralds a volatile second
“Politics isn’t wagging the tail – it’s shaking the entire dog.” These strong words from one wealth manager…
Shadow Fed chair could spark ‘revolt’ against Powell’s successor
Naming a so-called shadow chair for the Federal Reserve well before Jerome Powell is due to step down…
The record-breaking week in the stock market that could have gone very badly
It was another exciting week on Wall Street as the S & P 500 and Nasdaq each closed…
US consumer spending falls; tariff-related boost to inflation awaited
By Lucia Mutikani WASHINGTON (Reuters) -U.S. consumer spending unexpectedly fell in May as the boost from the pre-emptive…
How Wall Street shook off tariffs and war to hit a new record
A trade war. A real war with bombs dropped in the Middle East. A barrage of insults hurled…
PCE inflation report May 2025:
Prices that consumers pay rose slightly in May, while the annual inflation rate edged further away from the…
investors await Fed’s preferred inflation gauge
U.S. Treasury yields edged higher after the Fed’s preferred gauge reflected an unexpected uptick in inflation. The 10-year Treasury…