News

Bessent: Trump Using "Bobby Knight... Working The Refs" Strategy On Fed/Interest Rates
Treasury Secretary Scott Bessent used a basketball metaphor to explian President Trump's unsually direct confrontation with ...
Federal Reserve holding interest rates steady delays relief for consumers this summer
Recession worries are building once again, as some consumers fear the prospects of higher prices and continued high interest ...
Fed Chair Powell confirms tariff concerns prevented interest rate cuts so far this year
Fed Chair Jerome Powell said tariff concerns delayed interest rate cuts, stating the central bank would have likely reduced ...
The Fed's Interest Rate Cuts Foreshadowed the Recent Stock Market Correction. Here's What Might Happen Next.
Now, with the most recent CPI reading (for May 2025) coming in at an annualized rate of just 2.4%, the Fed has penciled in ...
Fed Chair Jerome Powell holds firm on interest rates, resisting pressure to cut
Federal Reserve Chair Jerome Powell, who is testifying before Congress this week, said tariffs are "likely to push up prices.
Powell warns ending Fed interest on reserves would be 'volatile' and costly
Powell said when it comes to taking the interest on reserve power away, "there's an illusion that it would save money. That ...
Veteran fund manager drops bold July Fed interest rate prediction after jobs shocker
The debate over the Federal Reserve's reluctance to lower rates has intensified recently. Those hoping that the Fed would ...