Powell’s pivotal speech Friday could see a marked shift from what he’s done in the past
Since he took over the chair’s position at the Federal Reserve in 2018, Jerome Powell has used his annual addresses…
Higher interest rates, inflation push Gen Z investors to trade stocks on emotion. That may be bad, experts say
Almost 9 in 10 young investors have actively traded stocks this year due to higher interest rates and inflation, according…
Don’t count out more rate hikes due to strong jobs market, former Fed governor Kroszner suggests
Don’t count out additional interest rate hikes, according to former Federal Reserve governor Randall Kroszner. Kroszner, who’s now a University…
Fed officials see ‘upside risks’ to inflation possibly leading to more rate hikes, minutes show
Federal Reserve officials expressed concern at their most recent meeting about the pace of inflation and said more rate hikes…
Wholesale prices rose 0.3% in July, higher than expected
A measure of wholesale prices rose more than expected in July, countering recent trends showing that inflation pressures are easing.…
July CPI report shows inflation gauge rose 3.2%, less than expected
The consumer price index rose 3.2% from a year ago in July, a sign that inflation has lost at least…
Thursday’s inflation data may be low, but don’t expect the Fed to declare ‘mission accomplished’ yet
Thursday’s consumer price index report likely will show that the pace of price increases is easing, but not enough to…
Philadelphia Fed President Patrick Harker suggests interest rate hikes are at an end
Philadelphia Federal Reserve President Patrick Harker on Tuesday indicated that the central bank could be at the end of its…
Why substituting cryptocurrency for gold exposure may be a costly mistake
Viewing cryptocurrency as “digital gold” may be a mistake. State Street Global Advisors’ George Milling-Stanley, whose firm runs the world’s…
Key Fed inflation rate falls to lowest annual level in nearly 2 years
Inflation showed further signs of cooling in June, according to a gauge released Friday that the Federal Reserve follows closely.…
