Egg prices are surging again. Why Powell and the Fed’s grip on inflation may be slipping.
The price increase in this consumer staple is complicating the central bank’s ability to achieve a soft landing.
Hang Seng Index: AI Rally, Fed Rate Cut Bets, and Trump’s Tariffs – Weekly Recap
Asian markets climb on easing trade war fears, AI-driven tech stock gains, and Fed rate cut bets. Hang Seng leads with its ...
Hopes for more Fed rate cuts dim as Powell notes hot CPI means ‘we're not quite there yet'
A Fed interest rate cut won’t be coming until at least September, if at all this year, following a troubling inflation report ...
Fed's Powell heads back to Congress as data shows inflation jump in January
U.S. consumer prices rose faster than expected in January in a sign progress on inflation may remain stalled, data showed on ...
Powell Says Fed Isn’t Rushing to Change Rates
In testimony before the Senate Banking Committee today, Federal Reserve Chair Jerome Powell stuck to last month’s message, ...
Summers Sees Biggest Inflation-Breakout Risk Since 2021 Errors
Four years after blasting US fiscal and monetary policymakers for excessive stimulus that risked the biggest inflation ...
Stock market unmoved by Fed Chair's rerun remarks. Inflation, tariffs and earnings on tap.
U.S. stocks started lower on Tuesday as investors await Fed Chair Powell's remarks about the economy, tariffs, inflation and ...
Fed Chair Powell says central bank doesn't ‘need to be in a hurry' to lower interest rates further
Powell called the economy “strong overall” with a “solid” labor market and inflation that is easing but still above the Fed’s ...
Facing unknowns on taxes, tariffs and inflation, Powell sees no rush to cut rates
Federal Reserve chair Jerome Powell reiterated the central bank is in no rush to cut interest rates with inflation still ...
Bessent on Powell: ‘I’m sure he’s going to do the right thing’
Treasury Secretary Scott Bessent said Thursday he wouldn’t be commenting on the Federal Reserve’s interest rate policies and expressed confidence in Fed Chair Jerome Powell, breaking from ...
Claudia Sahm On U.S. Economic Effects - The Details Matter
Claudia Sahm, expert on monetary and fiscal policy, discusses the Sahm Rule, labor supply and unprecedented economic events.
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Senate Confirms Jerome Powell as Fed Chairman
He has said he plans to continue the Fed’s gradual retreat from its postcrisis stimulus campaign and is expected to continue its slow but steady pace in raising interest rates. Powell will also ...