Federal Reserve Chair Jerome Powell warns that higher long-term interest rates are likely, signaling a shift in economic policy and potential supply shocks. As inflation remains volatile, what does this mean for the economy and your finances?
The S&P 500 and Nasdaq gained momentum as fresh inflation data was released, alongside optimism from a U.S.-China trade agreement. Investors are closely monitoring Fed's next moves on interest rates amid this market rally.
The U.S. Federal Reserve maintains its benchmark interest rate, signaling uncertainty in the economy. With inflation remaining above target and Bitcoin fluctuating, all eyes are on Powell's upcoming remarks.
As the May FOMC meeting approaches, tensions rise between President Trump and Fed Chair Powell. Will Trump act on his threats, or will Powell's position remain secure? Experts weigh in on the potential implications for the economy.
In a bold move to counteract the effects of the trade war with the U.S., China's central bank has slashed interest rates and eased lending regulations. This decision aims to stimulate the economy and support growth amid escalating tensions.
In a recent interview, Chicago Fed President Austan Goolsbee expressed concerns about political pressure affecting the Fed's ability to set monetary policy independently. He warns that undermining this independence could harm the economy.
President Trump expresses disdain for Fed Chair Jerome Powell, hinting at a potential replacement with Kevin Warsh. As speculation grows, what does this mean for monetary policy and inflation?
Argentina has struck a monumental $20 billion deal with the IMF, marking a major shift by dismantling key currency controls and allowing the peso to fluctuate freely. This move aims to stabilize the economy and attract investment.
Investors are left reeling as the Federal Reserve signals there will be no immediate rescue amid a looming bear market, exacerbated by President Trump's tariffs. With declines approaching 20%, market watchers are anxious about the future.
US Treasuries saw significant gains after the Federal Reserve reassured markets about the potential for lower interest rates, pushing 10-year note yields down to 4.2%. Traders are betting on continued rate reductions.
