Rate cut hopes are fading fast as inflation data and record egg prices make ‘very uncomfortable’ reading for Jerome Powell
Data isn’t stacking up for a Fed rate cut, multiple regional presidents have hinted, as January’s CPI report makes for ...
Trump and the Fed Complicate the Stock Market’s Historic Bull Run
Stocks have defied even the most bullish forecasts since bottoming in October 2022, with the S&P 500 returning roughly 65 percent in that span. To strategist Tom Essaye, who writes the Sevens Report, ...
Powell Says Fed Doesn’t Need to Rush on Rate Cuts
Because the economy is doing well, the Fed can take its time to decide when and whether to lower interest rates.
Trumponomics and Rising Inflation
The President calls for easier money even though consumer prices keep rising. Does he want even higher prices?
US inflation jump puts Fed officials on notice as Powell testifies
Higher inflation readings left Fed officials telling lawmakers, business executives and the public that they may be waiting ...
Powell Says Trump’s Rate Comments Won’t Impact Fed Policy
President Trump said that interest rates should come down earlier Wednesday. Officials have said they are in no rush to cut ...
Powell Says Fed Independence Is Critical to Its Inflation Fight
Powell defended the central bank’s independence from elected lawmakers’ desires. “Research over many, many years…shows that ...
Little to no relief from high borrowing costs expected as Fed Chair Powell heads to the Hill
The odds of further interest rate cuts this year by the Federal Reserve dwindled last week as unemployment fell and more ...