A second presidency of Donald Trump could threaten the Federal Reserve's independence, which is a cornerstone of monetary ...
Which ones have content, and which are mainly useful for headline writers? First, the Fed now, like the Fed in the 1930s, is very much groping in the dark. Every financial crisis is different ...
The Fed is expected to cut rates again, but for now these money market funds are yielding up to 4.7%.
The fact that the Fed did not wait until the 2% inflation target was hit clearly shows where its priorities lie now–to avoid a recession. Much more than breaking news, our diverse reporting digs ...
This week, it pivoted. “You’re getting now back to the point where both mandates are important,” Fed Chair Jerome Powell told reporters Wednesday after the central bank’s meeting.
But with a healthy labor market and a solid economy, he says, the Fed can now be more “deliberate” with rate cuts ahead. “We don't want the labor market to weaken so much that it's going to ...
For now, the Fed appears on course to hike again in July. Upcoming statements from Fed officials together with economic data releases will help clarify the picture as the meeting draws closer.
Inflation by the Fed's most watched measure is now about a half a percentage point away from the central bank's target, and ...
Anything that might rock the boat prematurely for stocks was off the table. That worked for a while, but now the Fed is beginning to understand the consequences of kicking the can down the road.
The CME FedWatch Tool shows 91.4% of traders expecting rates to be cut by 25 basis points in September and an additional 8.4% expecting a 50 basis-point cut. And 0.1% of traders see rates falling ...
and now meteorological destruction — to new record highs. Next on tap is inflation data. Wednesday’s release of the Federal Reserve’s minutes of its last policy meeting shows there’s a ...