Fed Chair Powell calls talk of cutting rates ‘premature’ and says more hikes could happen
Federal Reserve Chairman Jerome Powell on Friday pushed back on market expectations for aggressive interest rate cuts ahead, calling it…
Here’s what it would take for the Fed to start slashing interest rates in 2024
Interest rate cuts don’t happen during good times, something important for markets to remember amid hotly anticipated easing next year…
White House puts corporate ‘price gouging’ front and center: ‘We see American families hurting’
The White House doubled down Tuesday on President Joe Biden’s warning to companies that have not cut retail prices, even…
‘Stop the price gouging’: Biden hits corporations over high consumer costs
President Joe Biden took aim at corporations Monday for charging prices he said were artificially high even though the rate…
Biden wants credit for lower Thanksgiving food and travel prices, as inflation drags on his reelection campaign
Gathering around the Thanksgiving table will cost Americans less this Thursday than it did last year, and Democrats hope they’ll…
Fed gave no indication of possible rate cuts at last meeting, minutes show
Federal Reserve officials at their most recent meeting expressed little appetite for cutting interest rates anytime soon, particularly as inflation…
Yellen says high food and rent prices key factors in voters’ negative economic outlook
WASHINGTON — Treasury Secretary Janet Yellen pointed to the consistently higher prices that Americans pay for food and rent today,…
Trump-admiring populist Milei wins in Argentina, edging the country closer to a dollarized economy
Argentina’s Javier Milei, a far-right political outsider often compared to former U.S. President Donald Trump, vowed to deliver on his…
The market thinks the Fed is going to start cutting rates aggressively. Investors could be in for a letdown
Markets seem to have taken this week’s positive economic data as the all-clear signal for the Federal Reserve to start…
Bad news for the economy is good news for the stock market … as long as it doesn’t get too bad
Friday’s market reaction to the jobs report comes down to a simple premise: bad news is good news, as long…
