Tag: Federal Reserve
Monetary policy is not about interest rates, it’s about the money supply
The ongoing feud between President Trump and Fed Chairman Jerome Powell centers on interest rates. This tells us more about the near-universal view of...
Trump once again gets fresh ammunition in his fight with the Fed, calling on Governor Lisa Cook to resign over mortgage-fraud claims
President Donald Trump on Wednesday called on Federal Reserve governor Lisa Cook to resign after a member of his administration accused Cook of committing mortgage fraud.
Bill...
President Trump may want a lower base rate on behalf of consumers, but it sure is convenient for national debt too
It’s true the housing market has ground to a halt. And at some point, a lower base rate could improve the mortgage offers made...
Home Depot says tariff price increases are coming and customers are putting off larger home-improvement projects as worries about the economy fester
Home Depot customers are putting their big home-improvement projects on hold as worries about the economy and interest rates have them sticking to smaller...
Wall Street is banking that Powell will signal a rate cut at Jackson Hole—but the closer it gets, the less likely it looks
Markets were hoping for a further signal of their estimations this week, at the Jackson Hole Symposium held by the Federal Reserve Bank of...
Dow futures rise as updates this week from the Fed and top retailers will test Wall Street’s big rally
U.S. stock futures pointed higher on Sunday evening ahead of a critical stretch for markets as investors brace for fresh clues on rate cuts...
Fed Chair Jerome Powell may seriously disappoint Wall Street at Jackson Hole
All eyes will turn to Federal Reserve Chairman Jerome Powell on Friday, when he is scheduled to deliver a highly anticipated speech at a...
We still aren’t sure what’s going on with tariffs and inflation — or what will happen next
Months after President Donald Trump launched his trade war, economic data continue to give mixed signals on how much tariffs are affecting prices in...
Trump is deporting so many immigrants that it could cause inflation to hit 4% next year, top economist says
Donald Trump’s new immigration policies—including deporting, the White House claims, about 750 immigrants a day on average—are helping drive up prices, Moody’s chief economist...
The bond market is signalling that a September cut from the Fed is no longer locked in
Surging U.S. producer prices and a spike in Treasury yields have cast some doubt on a widely expected Fed rate cut in September. The...
