News

The Fed Should Cut Rates in July, Waller Says
A Federal Reserve governor seen as a candidate to succeed Chair Jerome Powell laid out his strongest case yet for a rate cut ...
Fed's Waller again makes case for July interest rate cut
Federal Reserve Governor Christopher Waller said on Thursday he continues to believe that the U.S. central bank should cut ...
Summers Warns of ‘Massive Inflation Psychology’ From Trump Rates
Former Treasury Secretary Lawrence Summers warned that President Donald Trump’s preference for the Federal Reserve’s interest ...
The Fed defends against White House attacks on headquarters renovation
Fed Chairman Jerome Powell defends the central bank's $2.5 billion renovation project against Trump administration criticism ...
Trump says Federal Reserve should lower interest rates by 3 points
The Bureau of Labor Statistics on Tuesday released June inflation data, showing prices increased from the prior month. Hours ...
Wall Street Lunch: Interest Rate Debate
Airline sector shows resilience with strong demand and positive earnings, indicating robust consumer and corporate spending ...
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How an inflation uptick and Trump’s pressure complicate the Fed’s interest rate decision
A new report shows inflation has picked up and analysts believe the prices of many goods increased, in part, because of ...
JPMorgan drops blunt forecast on future interest rate cuts
JPMorgan CEO Jamie Dimon said that accurate economic forecasts are a challenge because key shifts are apparent only in hindsight, citing tariffs and trade uncertainty, worsening geopolitical ...
GOP senators warn Trump that firing Powell would send ‘shockwave’ through economy
Senate Republicans are warning President Trump that it would be a big mistake to follow through on his threat to fire Federal ...