Things aren‘t going as planned. Inflation just rose to an 18-month high, and the Fed has stopped saying that it‘s making “progress toward the 2 percent ...
President Donald Trump chose a former FDIC board member to lead the CFPB, an indication that he may not want to dismantle the ...
US Federal Reserve chair Jay Powell testified before Congress this week, providing insights into the central bank’s perspective on current economic conditions but also on where the Fed stands on major ...
Federal Reserve Chair Jerome Powell said he views proposals to "audit the Fed" floated by Elon Musk and others last week as a ...
We are still feeling the effects of yesterday’s CPI. It’s not so much the BLS reading of headline and core CPI higher, but rather the Cleveland Fed’s median up 3.9% annualized (from 3.59%) and core up ...
Donald Trump promised as a candidate that he could easily conquer inflation, but the reality is proving tougher than he expected ...
A disappointing inflation reading and soaring egg prices have undermined Trump's promise to reduce costs on "day one." ...
President Trump said that interest rates should come down earlier Wednesday. Officials have said they are in no rush to cut ...
On Wednesday the Labor Department is expected to report that in January the consumer price index rose 2.9% from a year ago, ...
Shares of Super Micro Computer jumped after the company set a sales outlook for fiscal 2026 that blows past current Wall Street forecasts, unwinding a selloff earlier in the day.
South Africa’s rand was steady in early trade on Wednesday, as markets processed U.S. Federal Reserve Chair Jerome Powell’s ...
US Treasury yields moved significantly higher due to a number of factors. Click here to read the full commentary.