Could slashing the federal funds rate to 1% trigger economic turmoil? Experts warn that such a drastic move could stoke inflation and prompt businesses to hunker down rather than expand.
As President Trump targets Fed Chair Jerome Powell over a costly renovation, the marble at the Federal Reserve sparks controversy. Discover how Trump’s own appointees influenced the design and costs.
Jerome Powell finds himself under intense scrutiny from the White House over a controversial $2.5 billion renovation project for the Federal Reserve's headquarters, with calls for his potential ousting amid rising costs and Trump's frustrations with interest rates.
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.
Bank of America posted mixed results for Q2, with earnings beating estimates at 89 cents per share but revenue missing expectations, leading to questions about future growth amid changing interest rates.
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?
A prominent economist warns that the U.S. is on a dangerous financial path as debt costs rise and economic growth stalls. With soaring student loan delinquency rates and increased government spending, the nation faces a looming crisis.
