US may need more slack in job market to hit 2% inflation
By Howard Schneider WASHINGTON (Reuters) -The U.S. labor market likely needs to weaken further for the Federal Reserve…
Fund Giant BlackRock Loads Up on These 2 AI Stocks
The Federal Reserve finally pulled the trigger last week, trimming rates by a quarter-point and kicking off what…
Key US Inflation Metric to Ease as Focus Shifts to Jobs Market
A shopper at a clothing store in downtown Detroit, Michigan. (Bloomberg) — The Federal Reserve’s preferred gauge of…
The Fed ‘desperately’ wants to avoid a recession because it doesn’t want to get blamed and put its independence at risk, top economist says
The Federal Reserve may have more at stake than economic growth as policymakers prepare to meet on rates…
The myth of central bank independence
The stage was set for a classic Washington showdown. Yesterday Stephen Miran, one of Donald Trump’s key economic…