Federal Reserve

The Federal Reserve's preferred inflation gauge showed further cooling in April, strengthening the case for a patient monetary policy stance. While the data should have supported risk sentiment into the week's final session, Wall Street turned lower after President Donald Trump accused China of...

President Donald Trump summoned Federal Reserve Chair Jerome Powell to the White House on Thursday for their first face-to-face meeting since taking office in January. Trump informed the central bank chief that he was making a “mistake” by not lowering interest rates. What Happened:...

Economist Nouriel Roubini believes the markets are the last line of defense against President Donald Trump’s ‘worst instincts’ on the economic front. What Happened: On Thursday, Roubini, who is popular referred to as “Dr. Doom” for predicting 2008 financial crisis,...

Former Treasury Secretary Larry Summers is sounding the alarm on America's fiscal trajectory, placing the blame squarely on President Donald Trump and the GOP’s “One Big, Beautiful Bill.” What Happened: During his appearance on the Politics War Room podcast on Thursday, Summers...

Wall Street hovered slightly higher by midday Thursday, giving up a chunk of strong overnight gains in futures markets that were triggered by a federal court ruling suspending a large portion of President Donald Trump’s tariffs. Nvidia Corp. (NASDAQ:NVDA) led the market after reporting a...

Market observers on X are taking note of the disconnect seen in U.S. Treasuries, as a major shift in trade and tariff policies overnight does little to slow the rising yields. What Happened: In a post on X on Wednesday, The Kobeissi Letter highlighted the surge in U.S. 10-Year Treasury yields,...

Rising tariffs could reignite inflation while shifts in global investor confidence may undermine the U.S. dollar's safe-haven status, according to the Federal Reserve's May meeting minutes, which reflect growing concern over lasting economic headwinds. Tariffs And Inflation: A Risky Combination...

After a sharp Tuesday rally fueled by optimism over improved U.S.-EU trade ties, Wall Street stalled midweek as rising Treasury yields reasserted pressure ahead of Nvidia Corp. (NASDAQ:NVDA)’s earnings report and the release of key Federal Reserve minutes. Major U.S. stock indexes paused on...

White House economic advisor Kevin Hassett claims that the U.S. economy narrowly avoided a recession thanks to the GOP-backed tax bill. What Happened: Hassett says that had the “One Big, Beautiful Bill” not passed in the House, “it would have been the biggest tax hike in American...

Editor’s note: This story has been updated to add more context on the move in bond yields. Long-term U.S. bond yields spiked last week to levels not seen since late 2023, after President Donald Trump's "One Big, Beautiful Tax Bill" was passed in the Republican-controlled House. The yield on...

Minneapolis Federal Reserve Bank President Neel Kashkari called for maintaining current interest rates until greater clarity emerges on how President Donald Trump‘s tariff policies will impact inflation, signaling continued monetary policy caution amid trade tensions. What Happened: Speaking...

President Donald Trump sharply criticized Russian President Vladimir Putin following Moscow’s largest aerial assault on Ukraine since the 2022 invasion. What Happened: Trump called Putin “absolutely crazy” on Truth Social after Russian forces launched 367 drones and missiles...

Billionaire investor Chamath Palihapitiya is sounding the alarm on an ominous new sign for the markets, hinting at a major shift in sentiments over the past couple of weeks. What Happened: On Monday, in a post on X, Palihapitiya posted saying that the “market is risk-off,” while quoting...

In a high-stakes ruling that expands presidential authority over independent federal agencies, the U.S. Supreme Court had one notable exception, the Federal Reserve. What Happened: On Thursday, the apex court granted a stay that allows President Donald Trump to remove members of the National Labor...

The Chairman and CEO of JPMorgan Chase & Co., Jamie Dimon, addressed the issues surrounding huge deficits, inflationary factors, and geopolitical risk in the U.S. economy while talking to Bloomberg Television at the Global China Summit in Shanghai. What Happened: While Dimon agreed with the...