News

Trump blasts Fed chair again, Powell costing the U.S. a 'fortune'
The crypto market remained at a rather static stage as President Donald Trump again blasted Federal Reserve Chairman Jerome ...
Bowman's goal as new top Fed banking cop: Make US lenders 'safe to fail'
The Federal Reserve’s new top banking cop Michelle Bowman said Friday she wants to revisit bank regulations made in the wake ...
Fed's Harker says rate cuts this year still possible, amid data quality worries
As he heads toward retirement at month’s end, Philadelphia Federal Reserve President Patrick Harker says interest rate cuts ...
Tariffs' Toll on Jobs Is Limited So Far, Giving the Fed a Break
The U.S. labor market remained on firm footing in May—even as concerns mounted that higher tariffs would prompt employers to ...
Healthy US employment data keeps Fed on hold for the summer
The US economy gained 139,000 non-farm jobs in May, although gains for March and April were revised down by a combined 95,000 ...
Fed likely to leave rates unchanged as US job market cools but doesn't crumble
Federal Reserve policymakers have already signaled they are in no rush to cut interest rates, and a government report on ...
Solid Report Bolsters Fed’s Patient Approach to Interest Rate Cuts
A solid jobs report in May has reinforced the Federal Reserve’s stance that it can take its time before restarting interest ...
2 Reasons Not to Wait for a Fed Rate Cut Before Locking Your Mortgage Rate
Yes, the Federal Reserve could cut interest rates later this year. Or, maybe it won't. In any case, a Fed reduction offers no ...
Fed Beige Book shows stagflationary conditions worsened in May
The Beige Book for the period to May recorded a slowdown in economic activity, a looser labour market and an outlook that ...
Businesses Expect to Pass Along 50% of Tariffs, Fed Survey Finds
Business expect to pass through roughly half of tariff-related expenses to US consumers still reeling from the pandemic-era ...
This market pro says the Fed is going to cut interest rates this year, but ‘they don’t know it yet.’ Is he right?
Federated Hermes’s Steve Chiavarone crystalized the market’s view of where the Federal Reserve is heading on interest rates ...