Browsing: Interest Rates
Bad labor data is good news for Fed cut hopes, as Goldman, BofA expect Powell to go lower
Analysts may not have necessarily digested this week’s lackluster labor data with glee—but it sure didn’t dampen their spirits either.…
Who is Kevin Hassett? The rumored Fed pick says inflation is ‘way down,’ sees ‘political bias’ in data
The National Economic Council chief Kevin Hassett is suddenly the name to beat in the race to replace Jerome Powell…
The Trump administration is wielding the possibility that parts of the economy are in a recession as it raises pressure…
Powell cuts rates in the dark in historic move, with no jobs data and Trump heckling from abroad
The Federal Reserve lowered its benchmark interest rate by a quarter of a percentage point on Wednesday, a widely anticipated…
Powell warns not to count on a December rate cut just yet—the Fed is extremely divided, and a further cut is ‘not a foregone conclusion. Far from it’
Federal Reserve Chair Jerome Powell cautioned markets on Wednesday not to assume another rate cut is guaranteed in December, saying…
Powell says that, unlike the dot-com boom, AI spending isn’t a bubble: ‘I won’t go into particular names, but they actually have earnings’
“I won’t go into particular names,” Powell told reporters after the Fed’s policy meeting, “but they actually have earnings.”“These companies……
The Federal Reserve faces an unprecedented challenge as it prepares to set interest rates next week—making its decision with almost no…
Powell just gave his strongest hint yet that rate cuts are coming, and investors are jubilant: ‘Stage is set for parabolic Q4’
Federal Reserve Chair Jerome Powell is not known for giving decisive hints. Still, on Tuesday he did something rare: He…
Ken Griffin has a warning for Trump and the GOP: ‘I would not underestimate how grating a 3% inflation rate could be’ on Americans
For Citadel CEO Ken Griffin, the political implications of still-elevated inflation are not lost on him. Inflation has come down…
Jerome Powell on signs of an AI bubble and an economy leaning too hard on the rich: ‘Unusually large amounts of economic activity’
For months, Wall Street commentators have fretted that the artificial intelligence boom looks like a bubble, with capital spending –…












