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The Fed must lower rates and upgrade flawed data to stay effective
The Hill· 10 hours agoJerome Powell, chairman of the Federal Reserve Board, announced last week that the board has decided to keep the discount rate unchanged, despite cooling inflation data from ...
Pair of Big Bets Stand to Benefit If Odds Rise for Fed Interest-Rate Cut in July
Bloomberg via Yahoo Finance· 9 hours ago(Bloomberg) -- A pair of large bets in the fed funds futures market are attracting attention on Wall...
Fed, Powell Lay Out Inflation Expectations
Zacks via Yahoo Finance· 3 days agoYou might read this as, “We’re going to keep everything tight for now, but if something breaks, we will respond.” In the press conference directly...
Is This Economy Strong or Weak?
InvestorPlace· 3 hours agoThis past Sunday, on CBS’s “Face the Nation,” Minneapolis Fed President Neel Kashkari said that it’s a “reasonable prediction” that the Fed won’t cut...
Housing market seeks Fed rate-cut relief as sales slump
TheStreet via Yahoo Finance· 10 hours agoThe pace of houses and apartments currently under construction also fell, as did the pace of...
The smart money is preparing for Trumpflation
Yahoo Finance via AOL· 6 hours agoThat would likely enrage Trump and possibly compel him to try firing Fed Chair Jay Powell, whose appointment lasts until 2026. Trumpnesia on the economy?...
Sen. Warren warns Powell against weakening banking regulations: ‘Do your job’
CNBC· 3 days agoSen. Elizabeth Warren, D-Mass., is accusing Federal Reserve Chair Jerome Powell of doing the...
Daily mortgage rates for June 20, 2024: Mortgage rates ease, pulling average on 30-year terms under...
AOL· 16 hours agoSee average mortgage rates for today, for a 30-year fixed mortgage, 15-year fixed, jumbo loans,...
Warren to Fed’s Powell: ‘Do your job,’ not ‘Dimon’s bidding’
Banking Dive via Yahoo Finance· 3 days agoSen. Elizabeth Warren, D-MA, wrote Federal Reserve Chair Jerome Powell on Monday with an eye toward...
Fed's Goolsbee: 'More months' of good inflation data needed
Reuters via Yahoo Finance· 6 days ago(Reuters) -Federal Reserve Bank of Chicago President Austan Goolsbee on Friday said he was relieved...