Solid Labor Market Gives Fed Cover to Extend Rate Pause
Across a number of metrics, the labor market looks remarkably stable even as it has cooled. Monthly jobs growth has stayed solid and the unemployment rate has barely budged from its current level of 4 ...
Trump’s Executive Orders Leave Imprint on the Fed
The central bank has halted hiring to align with a White House directive and pulled back its work on climate change.
Treasury Secretary Scott Bessent wants to bypass the Fed to lower interest rates
Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got ...
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 the central bank Chair Jerome Powell, ...
Bitcoin reserves and sovereign wealth funds in the US, explained
US lawmakers are pushing crypto regulation while states advance digital asset bills, but are sovereign wealth funds the same ...
Bessent says Trump is focused on the 10-year Treasury yield and won't push the Fed to cut rates
While in the past Trump has implored the Fed to cut its benchmark rate, Bessent said the current strategy is using the levers ...
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Fed Goolsbee sees solid inflation performance, expects lower rates in future
Austan Goolsbee, President and CEO of the Federal Reserve Bank of Chicago, shared his views on the recent personal consumption expenditures (PCE) data during an interview on CNBC. The PCE core reading ...
Transcript: Picking stocks for 2025
Robert Armstrong Let’s play a game. The game is called the 2025 Financial Times stock picking contest.
Investing8d
Bank of America doubles down on its call that the Fed cutting cycle is over
Bank of America (NYSE:BAC) is reinforcing its stance that the Federal Reserve’s rate-cutting cycle is over, following the ...
Live: Federal Reserve Remains Cautious Amid Uncertainty
Welcome to Investopedia's live blog of the Federal Reserve's January meeting. Here, we will bring you the latest news on the ...
Fed meeting recap: Powell says central bank is in no hurry to cut rates again
Central bank policymakers are widely expected to stand pat on interest rates. Investors await further details from Fed Chair ...
LONDON MARKET OPEN: Cautious gain in London as luxury weighs on Paris
Over in Paris, LVMH slumped 5.1%. The Paris-based luxury goods firm late Tuesday reported net income of EUR12.6 billion, down 17% from EUR15.2 billion a year prior, as revenue fell 1.7% to EUR84.7 ...