jerome powell

Fed meeting and inflation report both hit Wednesday, and the impact could be huge

Wednesday is shaping up to be one of the most important days of the year for economic news, as investors…

Fed’s favorite inflation gauge is expected to show very slow progress on Friday

Inflation is taking baby steps towards coming back to where policymakers want it, with a report due Friday expected to…

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…

Soaring debt and deficits causing worry about threats to the economy and markets

Government debt that has swelled nearly 50% since the early days of the Covid pandemic is generating elevated levels of…

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…

CPI report shows inflation easing in April, with consumer prices still rising 3.4% from a year ago

Inflation eased slightly in April, providing at least a bit of relief for consumers while still holding above levels that…

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…

This inflation-focused ETF may be in a sweet spot

It’s an exchange-traded fund designed to profit from higher rates. But even if the Federal Reserve starts to cut this…

Consumer sentiment tumbles as inflation fears surge

Consumer sentiment slumped as inflation expectations rose, despite otherwise strong signals in the economy, according to a closely watched survey…

Stanley Druckenmiller gives Biden’s economic policies an ‘F,’ blames the Fed for reigniting inflation

Reckless government spending enabled by the Federal Reserve is hurting average Americans and endangering President Joe Biden’s chances at getting…