News

Fed 'Not United' On Long-Term Monetary Policy With July Rate Vote Looming
In their latest quarterly economic projections, released June 18, eight of the 19 FOMC officials said they expect two rate ...
Summertime data to pave way for Fed rate cuts, or further conflict with Trump
An unexpected pickup in underlying inflation last month nudged price pressures further from the Federal Reserve's 2% target, ...
Hassett: Inflation Is Lowest It's Been In 4 Years. If The Fed Were Data Driven, They Would Be Lowering Interest Rates
Director of the National Economic Council Kevin Hassett told "Special Report" host Bret Baier he has "high confidence" ...
Markets are gearing up for rate cuts. Morgan Stanley thinks investors will be disappointed.
Morgan Stanley analysts predict that, despite recent dovish comments from officials, the Fed is unlikely to cut interest ...
Traders bet on interest rate cuts from Jay Powell’s successor at the Fed
Donald Trump’s criticism of central bank chair has fuelled expectations of a dovish shift once he leaves in May next year ...
Morgan Stanley sees unlikely chance of Fed rate cut in July or September
Morgan Stanley economists are sticking with their view that the Federal Reserve is not likely to cut interest rates at its next two meetings since most officials are aligned with Chair Jerome Powell's ...
US Federal Reserve warns of tariff-driven inflation in 2025: What this means for seniors and the 2026 Social Security COLA
Fed Chair Jerome Powell defends the interest rate pause amid concerns about tariff-driven inflation. Here’s what this means ...
The 4 forces that drove the stock market's latest record high
The S&P 500 closed at a record high on Friday, soaring to its highest level since February as investors cheered a host of ...
US stock market ends higher; S&P 500, Nasdaq hit record close on trade deal, US Fed rate cut hopes
Nvidia share price gained 1.8%, edging closer to $4 trillion market capitalization, while Amazon shares rallied 2.85%. Micron ...
Stock market today: S&P 500, Nasdaq notch record closes, brushing off renewed trade tensions
Investors are looking to the inflation print to test bets that a Federal Reserve rate cut could land sooner rather than later ...
S&P 500, Nasdaq hit record highs despite Trump ending trade talks with Canada
The S&P 500 and Nasdaq Composite hit all-time highs on Friday as megacap stocks surged on renewed AI enthusiasm and the ...
Dollar Likely to Fall if July Rate-Cut Bets Rise
The dollar is likely to fall if markets increase bets on an interest rate cut by the Federal Reserve in July, MUFG Bank said. The dollar was little changed in morning trade.