The Fed probably won’t be delivering any interest rate cuts this summer
Investors likely will have to sweat out a summer during which it looks increasingly improbable that the Federal Reserve will…
JPMorgan CEO Jamie Dimon says can’t rule out ‘hard landing’ for the U.S., stagflation will be ‘worst outcome’
JPMorgan Chase‘s chairman and CEO, Jamie Dimon, says a “hard landing” for the U.S. cannot be ruled out. When asked…
Federal Reserve minutes indicate worries over lack of progress on inflation
Federal Reserve officials grew more concerned at their most recent meeting about inflation, with members indicating that they lacked the…
Fed officials seem like they have ‘no idea’ what is going on with U.S. inflation, strategist says
Federal Reserve officials appear to have “no idea” what is happening when it comes to the inflation picture in the…
Fed Governor Waller wants ‘several months’ of good inflation data before lowering rates
Federal Reserve Governor Christopher Waller, citing a string of data showing that inflation appears to be easing, said Tuesday that…
Affluent consumers are creating a ‘bubble’ at Walmart, warns retailer’s former U.S. CEO Bill Simon
Higher-income consumers may be creating a frothy situation at Walmart. Even though affluent shoppers helped drive the retailer’s latest beat…
Here’s everything to expect from Wednesday’s key report on inflation
Inflation trends may have gotten a little less dreary in April, though they are still likely to keep the Federal…
Fed Chair Powell says inflation has been higher than thought, expects rates to hold steady
Federal Reserve Chair Jerome Powell reiterated Tuesday that inflation is falling more slowly than expected and will keep the central…
Watch Fed Chair Jerome Powell speak live to bankers group in Amsterdam
[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a…
Wholesale prices rose 0.5% in April, more than expected
Wholesale prices jumped more than expected in April, putting up another potential roadblock to interest rate cuts anytime soon. The…
