U.S. stock futures fell slightly after President Trump denied plans to fire Jerome Powell, following a day of gains. Investors shift focus to upcoming earnings reports amidst market fluctuations.
In June, U.S. producer prices remained unchanged, despite rising costs in certain sectors due to tariffs. This stability could pave the way for potential interest rate cuts by the Federal Reserve later this year.
After Trump hinted at firing Fed Chair Powell, bond markets reacted with a split in yields. This unprecedented move raises concerns about market stability and inflation expectations.
As stock futures dip ahead of crucial earnings and inflation data, investors are on edge. With tariffs impacting the market and Nvidia's promise of AI chip sales to China, the tension builds. Will the Fed's patience pay off?
June inflation surged as Trump's tariffs impact consumer prices. With rising costs for goods like furniture and audio equipment, the Fed may face pressure to adjust interest rates amidst growing economic uncertainty.
U.S. consumer prices are projected to rise in June, signaling a potential inflation increase due to new tariffs. This could impact Federal Reserve interest rate decisions. Find out what economists are predicting!
As inflation cools against all odds, President Trump’s tariff policy faces its biggest test yet. Will the upcoming inflation report confirm his claims of a roaring economy or signal trouble ahead for consumers?
As the Trump administration intensifies its attacks on the Federal Reserve and Jerome Powell, the Fed pushes back with a new FAQ page defending its $2.5 billion renovation, highlighting modernization and historic preservation.
Asian stocks are on the rise, buoyed by Nvidia's record valuation and a resilient market response to Trump's new tariffs. Investors are optimistic about potential Federal Reserve rate cuts, despite ongoing trade tensions.
In a striking accusation, Trump's budget chief, Russell Vought, claims Fed Chairman Jerome Powell has mismanaged a $2.5 billion renovation. This raises questions about compliance with federal regulations and the future of Powell's position.