High Inflation Sows Debate About New Fed Playbook for Tariffs
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect ...
Yes, some CDs are still offering 5% – and one pro tells us you might want to lock in rates, as yields are ‘unlikely to show any material improvement by waiting’
Indeed, Greg McBride, chief financial analyst at Bankrate, tells us that with this move, and future risk that the Fed resumes cutting rates if inflation pressures ease, there’s no benefit to waiting ...
Trump may be his own worst enemy in his fight against the Fed
Trump said Powell and the Fed "failed to stop the problem they created with inflation" in a post on Truth Social on Wednesday ...
New inflation reading reinforces Fed's go-slow strategy
A fresh reading from the Federal Reserve's preferred inflation gauge showed prices remained sticky in the final month of 2024 ...
U.S. inflation ticked higher last month, in latest sign of persistent price pressures
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...
PCE Report Out Today; ECB Cuts Rates by Quarter Point
The PCE report is due at 8:30 a.m. ET Friday. The ECB reduced its key interest rate to 2.75% from 3% Thursday, widening a gap in benchmark borrowing costs with the Federal Reserve. It was the fifth ...
North American Morning Briefing: Investors in Suspense Over Trump Tariffs
Prices have likely climbed on a swift move from investors to safety due to Trump tariff threats, rising geopolitical tensions and U.S. government debt, and fear of a potential tech rout that could ...
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How the Fed's Pause on Rate Cuts Could Affect Mortgage Rates
Policy changes: When the Fed adjusts the federal funds rate, it spills over into many aspects of the economy, including ...
The Fed didn’t budge on rates. Here’s why that matters for your bank accounts
Most people pay little attention to the Federal Reserve and monetary policy. But they have an outsized impact on your bank ...
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Weekly roundup: CDK Global settles for $630M, Trump seeks to pause CA emissions review, Duffy rescinds fuel economy standards
CDK Global settled antitrust claims for $630 million amid data access disputes. The Trump administration seeks a Supreme ...
Stock market today: Dow, S&P 500, Nasdaq move higher with Apple earnings in the wings
US stocks gained steam on Thursday afternoon as investors digested megacap tech earnings and waited for Apple (AAPL) results ...