Dow, S&P 500, Nasdaq surge to records as tame inflation cements Fed rate cut bets
US stocks surged to record highs on Friday as investors digested a crucial inflation report that helped cement…
US may need more slack in job market to hit 2% inflation
By Howard Schneider WASHINGTON (Reuters) -The U.S. labor market likely needs to weaken further for the Federal Reserve…
The Fed’s Interest Rate Drama Has Only Just Begun. Here’s 1 Big Reason Oracle Investors Should Be Excited.
The Federal Reserve cut interest rates by 0.25% last week, and guided towards further cuts in October and…
‘No risk-free path’ with inflation and cooling job market
The US unemployment rate has ticked up in recent months to its highest level since 2021. Meanwhile, job…
Key US Inflation Metric to Ease as Focus Shifts to Jobs Market
A shopper at a clothing store in downtown Detroit, Michigan. (Bloomberg) — The Federal Reserve’s preferred gauge of…
FTSE rises and Wall Street stalls ahead of US Federal Reserve interest rate decision
Annual inflation in the eurozone came in at 2.0% in August, in line with the target set by…
Trump economic adviser Miran gets Senate nod to join Fed board
By David Morgan WASHINGTON (Reuters) -The U.S. Senate on Monday narrowly confirmed Stephen Miran to the Federal Reserve’s…
Nasdaq notches 5th straight record, Dow tumbles as Wall Street gears up for Fed week
Black Rock Coffee Bar (BRCB) made its public debut on the Nasdaq on Friday. Shares opened at $26.50…
The myth of central bank independence
The stage was set for a classic Washington showdown. Yesterday Stephen Miran, one of Donald Trump’s key economic…
The myth of central bank independence
The stage was set for a classic Washington showdown. Yesterday Stephen Miran, one of Donald Trump’s key economic…
Key US inflation gauge holds mostly steady though core inflation ticks higher
WASHINGTON (AP) — The Federal Reserve’s preferred inflation gauge mostly held steady last month despite President Donald Trump’s…
Fed’s Bowman suggests allowing central bank staff to own small amounts of crypto products
By Pete Schroeder WASHINGTON (Reuters) -The Federal Reserve’s top regulatory official suggested on Tuesday that central bank staff…