jerome powell

Fed holds rates steady, indicates it is not ready to start cutting

WASHINGTON — The Federal Reserve on Wednesday sent a tepid signal that it is done raising interest rates but made…

A change to this one clause could be the most important part of the Fed meeting

Immediately after the Federal Reserve wraps up its meeting this week, all eyes are likely to gravitate to one small…

Sen. Elizabeth Warren pushes Fed Chair Powell to cut ‘astronomical’ rates, ease housing pressure

Sen. Elizabeth Warren, D-Mass., and three other Democratic lawmakers are pushing Federal Reserve Chairman Jerome Powell to lower interest rates…

Watchdog report is critical of former Fed officials in stock trading controversy

A watchdog review into market trading from two former high-ranking Federal Reserve officials criticizes their actions but does not accuse…

Market forecaster Jim Bianco sees the 10-year Treasury yield surging to 5.5% – a multi-decade high

It’s a level not seen since George W. Bush was president. Wall Street forecaster Jim Bianco is predicting the benchmark…

‘Big Short’ investor Steve Eisman worries ‘everybody is coming into the year feeling too good,’ sees room for disappointment

Investor Steve Eisman of “The Big Short” fame is questioning the level of bullishness on Wall Street — even with…

Fed sparking irrational market optimism over potential rate cuts, former FDIC Chair Sheila Bair warns

Market optimism over the potential for interest rate cuts next year is dangerously overdone, according to former FDIC Chair Sheila…

Fed holds rates steady, indicates three cuts coming in 2024

The Federal Reserve on Wednesday held its key interest rate steady for the third straight time and set the table…

Fed is ‘disconnected’ from reality, must cut rates 5 times next year, portfolio manager says

The Federal Reserve needs to cut interest rates at least five times next year to avoid tipping the U.S. economy…