Biggest Banks Pass Stress Test
The Federal Reserve’s most recent stress test shows that the nation’s largest banks could survive a major…
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…
Wall Street’s Booming June Is Big Bet Against Economy Doomsayers
(Bloomberg) — Wall Street is throwing a summer party with markets just closing out their best cross-asset advance…
Have slightly lower mortgage rates stabilized the housing market?
10-year yield and mortgage rates In my 2025 forecast, I anticipated the following ranges: Mortgage rates between 5.75%…
Summertime data to pave way for Fed rate cuts, or further conflict with Trump
By Howard Schneider and Ann Saphir WASHINGTON (Reuters) -An unexpected pickup in underlying inflation last month nudged price…
Fed’s preferred inflation gauge shows price increases accelerated in May
The latest reading of the Federal Reserve’s preferred inflation gauge showed price increases accelerated in May as inflation…
S&P 500, Nasdaq hit record highs on renewed AI bets, rate-cut hope
By Johann M Cherian and Medha Singh (Reuters) -The S&P 500 and the Nasdaq Composite hit all-time highs…
Analysis-Market bets on a more dovish Fed as Trump eyes Powell’s replacement
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The gulf between where the Federal Reserve projects interest rates will…
Here are the key takeaways from Powell’s testimony before house
(Bloomberg) — Here are the key takeaways from Federal Reserve Chair Jerome Powell’s testimony before the House Financial…
Fed governor breaks ranks and says rate cuts could resume next month
Federal Reserve Governor Christopher Waller said Friday that economic data could justify lower interest rates as early as…