Watch Fed Chair Powell testify live before the Senate Banking Committee
So far, Powell and his colleagues have avoided saying much about the Trump tariffs, though some officials have expressed ...
Investor's Business Daily on MSN2d
PPI Delivers Good News After Hot CPI, But More Trump Tariffs Are On Tap; S&P 500 Futures Rise
Inflation isn't as bad as the CPI suggested, new producer price index data shows. S&P 500 futures are rising, but Trump tariffs will keep the Fed on hold.
Bernie Sanders Proposes Giving Donald Trump One of His Campaign Promises
Senators Bernie Sanders and Josh Hawley proposed a bipartisan bill to cap credit card interest rates at 10%, fulfilling a campaign promise by President Trump.
Elon Musk wants Ron Paul to audit the FED for DOGE!-Robby Soave
Robby Soave delivers radar on Elon Musk asking Libertarian Ron Paul to audit the Federal Reserves for DOGE.
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FX Daily: Spreads and tariffs keep dollar in demand
The data calendar is light today – just ECB President Christine Lagarde in parliament at 3:00pm CET.
US Dollar does not see much change after Powell's speech
The US Dollar Index (DXY) is really turning into a snooze fest this week. No real movement in the Greenback as of yet, despite plenty of headlines. Though US yields are the asset to monitor, with ...
Despite tariff fears European stocks have outperformed Wall Street this year. Here's why UBS thinks that will continue.
In addition, further weakness in the euro - UBS sees it falling to $0.99 by the end of 2025 - would be consistent with improving earnings revisions. A 10% fall in the euro may increase European ...
Powell says Fed is ‘well positioned’ for the ‘risks and uncertainties’ ahead
The Federal Reserve is prepared to keep its key interest rate unchanged for now as inflation remains elevated and the job ...
US inflation jump puts Fed officials on notice as Powell testifies
Higher inflation readings left Fed officials telling lawmakers, business executives and the public that they may be waiting ...
Fed seen on hold until September, with rising bets on earlier rate cut
The Federal Reserve will likely wait until September before cutting its policy rate, traders bet on Thursday, as data kept ...
Powell says Trump’s comments won’t affect interest rate decisions by the Fed
Federal Reserve Chair Jerome Powell said Wednesday President Donald Trump’s calls for lower interest rates won’t lead the ...