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…
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…
Scott Bessent questions whether Powell should cut rates by 0.50bps in September
Investors are pricing in more than a 96% chance of the Fed cutting the base rate in September,…
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…