Fed’s Daly Says Need to Avoid Mistake of Holding Rates Too Long
Federal Reserve Bank of San Francisco President Mary Daly said the US economy is probably suffering a downturn…
Data Fog Intensifying for Fed as Shutdown Delays US Inflation Numbers
Two monthly jobs reports have fallen victim to the longest US government shutdown and a key inflation snapshot…
Gold Steady as Traders Weigh Weak US Jobs Data, Fed Comments
Gold held steady as traders balanced surprisingly weak US employment data with comments from a Federal Reserve official…
Gold Steadies as Traders Assess Outlook for US Interest Rates
Gold steadied after the biggest gain in about a week, as traders assessed the outlook for US interest…
Fed Minutes Show Caution Over Rate Cuts Amid Inflation Worries
Federal Reserve officials showed a willingness to lower interest rates further this year, but many expressed caution driven…
Fed’s Bowman Urges Swift Rate Cuts to Support Jobs Amid Weak Labor Market
Federal Reserve Governor Michelle Bowman said policymakers are in danger of falling behind the curve and need to…
Gold Reaches Fresh Record as Rate-Cut Hopes Draw Investor Demand
Gold clinched a fresh all-time high, with traders shrugging off cautious commentary from Federal Reserve officials about the…
Top economists and Jerome Powell agree that Gen Z’s hiring nightmare is real—and it’s not about AI eating entry-level jobs
The dramatic rise in unemployment among Americans under 25—especially recent graduates—has become one of the most troubling economic…
Apple Loses Its Cool With iPhone Air While OpenAI Loses Its Purpose
This is Bloomberg Opinion Today, a squishier value proposition of Bloomberg Opinion’s opinions. On Sundays, we look at…
Global 36-Hour Interest-Rate Spree Heralds First US Cut of 2025
The first US interest rate cut since Donald Trump became president again is likely to seize the spotlight…
Sorry Jerome, weakening economic data is ‘exactly what markets needed’, says Wharton professor
Weaker labor data has boosted expectations of Fed rate cuts, with Wharton’s Jeremy Siegel predicting three reductions this…