The Fed just ‘Trump-proofed’ itself with a unanimous move to preempt a potential leadership shakeup
The Federal Reserve’s early reappointment of its regional bank presidents took markets by surprise and eased concerns the…
‘Fodder for a recession’: Economist Mark Zandi warns about Americans ‘living on the financial edge’Â
Mark Zandi is worried that the labor market no longer has a buffer. So many Americans are “already…
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…
Scott Bessent wants the Fed to fade into the background after tension with Jerome Powell
There have rarely been years when the Federal Reserve has been so carefully watched by the White House,…
The Fed is so divided that the next vote on rates could result in an unprecedented tie, analysts say
The typically consensus-driven Federal Reserve is looking more and more divided lately, so much so that next month’s…
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…
Jerome Powell says Gen Z without tech skills are being crushed in this economy
Federal Reserve Chair Jerome Powell issued a warning to young workers on Tuesday: if you don’t have technology…
The Fed ‘desperately’ wants to avoid a recession because it doesn’t want to get blamed: Zandi
The Federal Reserve may have more at stake than economic growth as policymakers prepare to meet on rates…
Stock market today: Dow futures up as Wall Street eyes the one thing that could derail Fed rate cut
Stock futures were little changed on Sunday evening as investors brace for fresh inflation data and political turmoil…
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…
Mortgage rates plunge on Fed rate cut hopes, and many lenders may quote in the high 5% range
After a disappointing spring and summer, the housing market could start to heat up as fall approaches with…