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Inflation Data Reinforce Powell’s Shift Toward High for Longer
Bloomberg via Yahoo Finance· 48 minutes ago(Bloomberg) -- Fresh inflation data released Friday cemented the message from Federal Reserve Chair ...
PCE inflation accelerates in March. What it means for Fed rate cuts
USA TODAY via Yahoo Finance· 3 hours agoJust a few weeks ago, Fed Chair Jerome Powell said the central bank would not overreact to worrisome...
Trump allies drafting plans to erode Fed's independence, WSJ reports
Reuters via AOL· 4 hours agoThe group argues that Trump should be consulted on rate decisions and would have the authority to...
Trump allies are drawing up plans to make the Fed less independent, report says
Business Insider· 1 hour agoAllies of former president Trump are drafting plans to chip away at the independence of the Fed, The...
Best CD rates today: You still have time to lock in historically high APYs on all CD terms — April...
AOL· 4 hours agoResponding to inflation concerns, Federal Reserve Chair Jerome Powell on April 16 cautioned that...
Fed's favored inflation gauge shows price increases remained sticky in March
Yahoo Finance via AOL· 3 hours agoThe March reading comes as investors have continued to scale back their expectations on when the...
U.S. panic over national debt might mark a culture shift—are Americans becoming more ‘European’...
Fortune via Yahoo Finance· 4 hours agoU.S. panic In the U.S., major voices in finance from Jamie Dimon to Jerome Powell have sounded the...
The US economy may be barrelling towards stagflation, an outcome worse than recession
Business Insider via Yahoo Finance· 13 hours agoUS Federal Reserve Board Chairman Jerome Powell.Anna Moneymaker/Getty Images The first-quarter GDP...
Trump plans to tighten control of interest rate decisions
Proactive Investors· 4 hours agoDonald Trump and his Republican allies have been developing plans to mute the Federal Reserve's...
The Fed’s preferred inflation gauge just moved in the wrong direction
CNN Business via AOL· 46 minutes ago“That means a longer road for this higher inflationary environment over this year than we thought.”...