News

Fed set to hold rates steady despite 'as good as it gets' inflation print
A cooler inflation reading from the month when President Trump's tariffs went full blast likely won't shake the Federal ...
Trio of Soft Economic Reports Boost Fed Rate Cut Odds, but What About Bitcoin?
The big rally in bitcoin and stocks over the past eight weeks has occurred with a (somewhat) hawkish Fed; a dovish turn could ...
Fed's Harker: Still possible the Fed can cut rates later this year
The Philly Fed head is set to retire at the end of June, and is taking the opportunity to deliver some hope to investors that the Fed may still yet find itself in a position to deliver rate cuts ...
Fed's Daly says inflation her main focus right now
U.S. Federal Reserve policymakers could still cut interest rates twice this year as they projected in March, San Francisco ...
InvestmentNews20h
Labor market holds steady in May, muting Fed rate cut prospects
The latest jobs print showed hiring and unemployment holding steady, though downward revisions from March and April numbers offer cause for concerns.
Fed's favored inflation gauge shows consumer prices eased in April
The Fed's preferred inflation gauge, the PCE index, showed that price growth eased in April as inflation numbers trended ...
Inflation is cooling. But stubbornly high housing costs could spark a flare-up and a rate hike by year-end, chief economist warns.
Inflation has edged down, but high housing costs could spark a fresh rise in prices and keep the Fed from cutting rates, ...
Fed should cut rates as soon as this month: Economist on services PMI
The Institute for Supply Management's (ISM) services PMI (Purchasing Managers' Index) slipped to 49.9 in the month of May, ...
The Fed and Wall Street Are Both Trying to Figure Out the Labor Market
Politics aside, recent history has illustrated that the ADP figures aren’t exactly gospel. Month after month, they have diverged from the Labor Department’s more resilient payroll numbers, often ...