Interest Rates
Stagflation fears bubble up as Trump tariffs take effect and the economy slows
Traders work on the floor of the New York Stock Exchange (NYSE) in the Financial District in New York City on March 4, 2025. Timothy A. Clary | Afp | Getty Images A growth scare in the economy has accompanied worries over a resurgence in inflation, in turn potentially rekindling an ugly condition that the […]
Read More
The Federal Reserve’s favorite recession indicator is flashing a danger sign again
Eggs are displayed for sale in a Manhattan grocery store on Feb. 25, 2025 in New York City. Spencer Platt | Getty Images An ominous measure that the Federal Reserve considers a near sure-fire recession signal again has reared its head in the bond market. The 10-year Treasury yield passed below that of the 3-month […]
Read More
Fed officials are worried about tariffs’ impact on inflation and see rate cuts on hold, minutes show
Federal Reserve officials in January agreed they would need to see inflation come down more before lowering interest rates further, and expressed concern about the impact President Donald Trump’s tariffs would have in making that happen, according to meeting minutes released Wednesday. Policymakers on the Federal Open Market Committee unanimously decided at the meeting to […]
Read More
Here’s a potential winner from the Trump tariffs: American tourists traveling abroad
A customer at a food market in Palma, Mallorca, Spain. Andrey Rudakov/Bloomberg via Getty Images As economists ring alarm bells over the impact of President Donald Trump’s tariff policy on consumers and the U.S. economy, there’s a group of Americans who may benefit: tourists traveling abroad. That’s due to the impact of tariffs on the […]
Read More
Hopes for more Fed rate cuts dim as Powell notes hot CPI means ‘we’re not quite there yet’
Cartons of eggs are displayed at a grocery store with a warning that limits will be placed on purchases as bird flu continues to affect the egg industry on Feb. 10, 2025 in New York City. Spencer Platt | Getty Images A Federal Reserve interest rate cut won’t be coming until at least September, if […]
Read More
Watch Fed Chair Powell speak live before House Financial Services Committee
[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chair Jerome Powell returns to Capitol Hill on Wednesday for the second day of his semiannual updates on monetary policy. The central bank leader appears before the House […]
Read More
Trump says interest rates should be lowered to go ‘hand in hand’ with his tariffs
U.S. President Donald Trump speaks in the Oval Office of the White House in Washington, D.C., U.S., Feb. 11, 2025. Kevin Lamarque | Reuters President Donald Trump again switched positions on the Federal Reserve, indicating in a social media post Wednesday that interest rates need to come down. “Interest Rates should be lowered, something which […]
Read More
Fed Chair Powell says central bank doesn’t ‘need to be in a hurry’ to lower interest rates further
Key Points Fed Chair Jerome Powell reiterated the central bank’s commitment to bringing inflation down and signaled that policymakers aren’t in a rush to get interest rates lower. Powell’s comments came in the first of two appearances this week on Capitol Hill. Source
Read More
Watch Fed Chair Powell testify live before the Senate Banking Committee
[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chair Jerome Powell delivers his semiannual remarks on monetary policy and the economy this week on Capitol Hill. First up will be an appearance Tuesday before the Senate […]
Read More