Latest Updates Around The World
Federal Reserve Governor Stephen Miran has warned that the US central bank’s current monetary policy stance threatens to slow down an economy further supported by a series of budget initiatives from the Trump administration, including tax cuts, Reuters reported.Speaking at an event hosted by the Federal Reserve Bank of Dallas, Miran argued that policymakers may […]
U.S. stocks are feeling both the upside and the downside on Wednesday from a surprisingly strong report that said the country’s unemployment rate has improved over the past month.After initially rising to an all-time high, the S&P 500 swung to a loss before retreating to a gain of less than 0.1%. The Dow Jones Industrial […]
Further rate changes from the U.S. Federal Reserve will need to be “finely tailored” to incoming data, given the risks to both the Fed’s unemployment and inflation targets, Richmond Fed President Tom Barkin said on Tuesday. “Both sides of our mandate need to be watched. Unemployment remains historically low, but has risen. Inflation has fallen, […]
The first full trading week of the new year could wake the U.S. stock market from its hibernation as monthly jobs data heralds a busy start to 2026 for investors. Stocks fell in the final session of 2025, with the benchmark S&P 500 posting a monthly loss in December. But the index still rose more […]
Two officials who voted against the Federal Reserve’s decision to cut rates again this week cited the need for more economic data and too high inflation in their statement Friday.Chicago Fed President Austan Goolsbee had joined Kansas City Fed President Jeffrey Schmid in pushing for keeping interest rates unchanged during the central bank’s two-day policy […]
US Federal Reserve Chairman Jerome Powell The US central bank’s interest rate policy is well positioned to wait and respond to the way the economy is developing. This could be seen as an indication of a pause in rate cuts at the upcoming FOMC meeting.“We are well positioned to determine the extent and timing of […]
Federal Reserve officials are poised to cut rates for a third straight time on Wednesday, but that could be coming to an end.Concerns about persistent inflation have led to deep divisions within the US central bank, likely preventing Fed Chairman Jerome Powell from taking further action early next year. After cutting rates twice this fall, […]
Years of high borrowing costs and persistent inflation have pushed the United States into what many describe as an affordability crisis. But beneath the surface of mounting financial pressure, some consumer default indicators provide a surprisingly more stable picture of household resilience.Much has been made of the so-called “K-shaped” economy—an economy in which the wealthy […]
Dallas Federal Reserve President Lorie Logan on Friday called for leaving the policy rate on hold “for a while” while the central bank assesses how much of a drag the current level of borrowing costs is putting on the economy, with rising stock prices one reason to think it won’t be much.In her remarks in […]
Now that the 43-day government shutdown is over, market experts remain cautious about what lies ahead. Ed Yardeni of Yardeni Research thinks the turbulence in Washington will continue to fuel uncertainty, but investors have learned to live with it.“Washington remains a source of volatility and uncertainty. Policymaking has certainly been like this all year and […]
