Watch Fed Chair Jerome Powell speak live to an IMF panel on monetary policy
[The stream is slated to start at 2 p.m. ET. Please refresh the page if you do not see a…
Cleveland Fed launches search for new leader after Mester leaves
The Cleveland Federal Reserve launched a search Wednesday for its new leader, after current President Loretta Mester retires in mid-2024.…
Fed holds rates steady, upgrades assessment of economic growth
The Federal Reserve on Wednesday again held benchmark interest rates steady amid a backdrop of a growing economy and labor…
Jamie Dimon rips central banks for being ‘100% dead wrong’ on economic forecasts
JPMorgan Chase CEO Jamie Dimon on Tuesday warned about the dangers of locking in an outlook about the economy, particularly…
Stakes raised for Powell speech Thursday with 10-year yield on cusp of 5%. Here’s what he could say
Federal Reserve Chair Jerome Powell is set to deliver what could be a key policy address, with markets bracing that…
Fed’s Waller says officials can ‘wait, watch and see’ before acting on interest rates
Federal Reserve Governor Christopher Waller on Wednesday indicated the central bank can afford to hold off on interest rate increases…
Getting to 2% inflation won’t be easy. This is what will need to happen, and it might not be pretty
In theory, getting inflation closer to the Federal Reserve’s 2% target doesn’t sound terribly difficult. The main culprits are related…
Fed officials see ‘restrictive’ policy staying in place until inflation eases, minutes show
Federal Reserve officials at their September meeting differed on whether any additional interest rate increases would be needed, though the…
JPMorgan’s Marko Kolanovic braces for 20% market plunge, delivers recession warning
JPMorgan’s Marko Kolanovic is bracing for a 20% sell-off to hit the S&P 500. According to the Institutional Investor hall-of-famer,…
Bond yields could race through 5% in next couple of weeks, market forecaster Jim Bianco warns
Wall Street forecaster Jim Bianco expects Treasury yields to go a lot higher — and possibly overshoot through 5% in…
