Fed Governor Bowman says more progress on inflation is needed before further rate cuts

Key Points

Federal Reserve Governor Michelle Bowman said on Monday she wants to see data reflect more progress on inflation before cutting interest rates further.
While she expects inflation to continue to decelerate this year, she said disinflation “may take longer than we would hope.”
The Fed maintained its target rate at a range of 4.25% to 4.5% at its January policy meeting.

Source

Finance

Ken Griffin’s flagship hedge fund at Citadel rises 10.2% in volatile 2025

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Key Points Citadel’s flagship multistrategy Wellington fund, its largest, gained 10.2% in 2025, according to a person familiar with the firm’s returns. The firm’s tactical trading fund, which combines equities with quantitative strategies, advanced 18.6% in 2025, the person said. Source

Finance

Stocks making the biggest moves midday: Vertiv, Baidu, Warby Parker, RH & more

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Finance

Meet the 2026 stock market. It’s the same AI-reliant market of 2025

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