Economist Mohamed El-Erian says next Fed chair should reform central bank
As the Federal Reserve eyes a period of transformation to a new chairman, famed economist Mohamed El-Erian is…
Powell cuts rates in the dark in historic move, with no jobs data and Trump heckling from abroad
The Federal Reserve lowered its benchmark interest rate by a quarter of a percentage point on Wednesday, a…
Ken Griffin has a warning for Trump and the GOP: ‘I would not underestimate how grating a 3% inflation rate could be’
For Citadel CEO Ken Griffin, the political implications of still-elevated inflation are not lost on him. Inflation has…
The Federal Reserve is about to have an extremely awkward meeting
Wall Street is looking ahead to a highly anticipated meeting of Federal Reserve policymakers, who are widely expected…
Jobless and inflation data is keeping Wall Street confident Powell will cut
If markets needed further evidence for a September rate cut, they got it: initial jobless claims for the…
The Fed got it wrong and is late again, top economist says, as job gains collapse
Allianz chief economic advisor Mohamed El-Erian said the Federal Reserve is behind the curve in lowering rates now that the…
Stock market today: Dow futures up as Wall Street eyes the one thing that could derail Fed rate cut
Stock futures gained momentum on Sunday evening as investors brace for fresh inflation data and political turmoil overseas…
Is the Fed ready to go big? Analysts debate jumbo rate cut after soft jobs data
The case for a bigger rate cut is gaining momentum. After another dismal jobs report, some economists say…