FOMC notes show Powell facing a divided Fed as odds of interest rate cut fall
It’s looking increasingly likely that Jerome Powell’s Christmas gift to markets will be an economic lump of coal,…
White House official says October jobs and inflation data are likely to never be released
The government is beginning to reopen after President Donald Trump signed a House-passed funding package on Wednesday night,…
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…
Stock market today: Dow futures jump as US-China trade war cools
U.S. stocks signaled another rally on Sunday night after the Trump administration negotiated a framework for a trade…
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…
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…
Stock market’s fate comes down to the next 14 trading sessions
The next few weeks will give Wall Street a clear reading on whether this latest stock market rally…
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…
Fed Chair Jerome Powell may seriously disappoint Wall Street at Jackson Hole
All eyes will turn to Federal Reserve Chairman Jerome Powell on Friday, when he is scheduled to deliver…
Fed Governor Bowman says weak jobs report backs her view for 3 rate cuts this year
A top official at the Federal Reserve said Saturday that this month’s stunning, weaker-than-expected report on the U.S. job…
Top economist warns the U.S. is ‘on the precipice of recession’ — and it will be hard for the Fed to come to the rescue
The shocking jobs report on Friday wasn’t the only red flag. Indicators from the past week paint an…
Shockingly bad jobs report reveals a monthslong stall and may trigger Fed rate cuts soon. ‘Powell is going to regret holding rates steady’
The U.S. labor market looks much weaker than previously thought, and Wall Street now expects the Federal Reserve…