News

Trump calls on ‘Too Late Powell’ to cut interest rates after benign inflation report—but impact of tariffs is yet to hit
April's inflation report will be welcome news to the FOMC—but that doesn't mean the Powell-led group will cut interest rates.
Powell warns of more volatile inflation as latest data shows impact from tariffs
US wholesale prices sank in April, logging their biggest monthly drop since Covid stifled the economy, as tariffs put a ...
Fed's Powell cautions about higher long-term rates as ‘supply shocks' provide policy challenges
Powell said Thursday that longer-term interest rates are likely to be higher as the economy changes and policy is in flux.
Stagflation is a looming economic risk—here's what it may mean for your money
Risks of higher unemployment and higher inflation have risen, according to the Federal Reserve. Those factors may prompt ...
Wholesale costs fell in April but consumer price increases are likely on the way
Producer Price Index, a measure of wholesale costs, fell 0.5% in April. Margins are squeezed by tariffs and firms will likely ...
Powell's lean to job market under microscope as Fed revisits strategy
With mounting evidence that tight labor markets do not necessarily boost inflation and facing massive job losses in 2020, ...
Fed meeting recap: Powell rules out a preemptive rate cut to blunt any tariff impact
The central bank is expected to hold steady on rates, keeping them at a range of 4.25% to 4.5%. What Fed Chair Jerome Powell ...
The Economy Is Slowing — Will The Fed Act In Time?
Markets had a positive week, with the major indexes advancing in the +3% range despite a slowing economy and less than ...
Goldman Sachs says undermining central bank independence has economic repercussions
An analysis by Goldman Sachs finds that reducing the independence of central banks like the Federal Reserve can contribute to higher inflation, lower stock prices and a weaker currency.
Trump calls on Fed once again to lower rates after solid April jobs report
The post shows Trump continuing his efforts to influence the central bank’s decision-making process, challenging its ...