Trump blames politics rather than inflation for latest Fed hike
Federal Reserve Chairman Kevin Warsh told markets yesterday that the central bank’s rate-setting committee had unanimously agreed on…
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…
The Fed’s cut was ‘more hawkish than anticipated,’ Moody’s Zandi says — and warns it won’t be enough
Federal Reserve policymakers delivered a quarter-point interest-rate cut this week, but leading economist Mark Zandi warns the move…
Powell’s ‘unusual’ Jackson Hole remarks reveal he’s boxed in by Trump’s tariffs and deportations, risking a 1970s-style mistake, economist Slok says
Powell noted that while labor markets remain in balance, it is a “curious kind of balance that results…