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2 mins read

A Trump win could prompt the Fed to hit pause on its rate-cutting cycle, JPMorgan strategy chief says

A Trump win would likely come with a host of inflationary policies that would make it difficult for…

Kelly Cloonan   


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2 mins read

The US economy is in for a double shock if Trump is elected president, Nobel economist Paul Krugman says

Trump is proposing two policies that could result in a double-shock for the US economy, according t…

Jennifer Sor   


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5 mins read

Wall Street braces for a Trump or Harris presidency. Here's what that means for your portfolio.

Harris and Trump's proposed tax policies are set to have very different impacts on the stock market.

Dan DeFrancesco   


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2 mins read

The Fed is done cutting rates this year as the 'phantom recession' is finally dead, market vet says

The US recession many forecasters have been calling for isn't going to materialize anytime soon, ac…

Jennifer Sor   


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Kamala Harris counters Trump's message that the president should have a say in Fed decisions

Kamala Harris over the weekend said she "would never interfere" in Fed decisions, after Trump said …

Kelly Cloonan   


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2 mins read

The Fed's lone dissenter on the big rate cut says she's concerned about 'premature declaration of victory' over inflation

Michelle Bowman said such a big initial rate cut could complicate the Fed's mission of getting infl…

Kelly Cloonan   


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It may already be too late for the Fed to stop a recession, former central bank president says

"Although it might already be too late to fend off a recession by cutting rates, dawdling now unnec…

Filip De Mott   


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2 mins read

A lone dissenting vote on the Fed's rate cut marks the first split by a central bank governor in 2 decades

The Fed's decision to cut rates by 50 basis points garnered support from 11 of 12 voting members, w…

Kelly Cloonan   


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1 min read

New York Fed chief says it's time to lower rates with inflation cooling and the labor market slowing

Following the August jobs report, John Williams said the economy is "now in equipoise," with easing…

Kelly Cloonan   


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2 mins read

The August jobs report reinforces 'waning vigor' in the labor market and the Fed should deliver a big rate cut, JPMorgan says

JPMorgan chief economist Michael Feroli says the Fed should cut 50 basis points this month as the A…

Kelly Cloonan   


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2 mins read

The Fed will only cut rates once this year because the US economy is too strong, market vet says

Inflation is on its way to the Fed's target, and the job market is likely to perk back up, Ed Yarde…

Jennifer Sor   


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1 min read

More interest-rate hikes aren't off the table yet, Fed president says

"If we get surprised by the data, then we would do what we need to do," Neel Kashkari said during a…

Filip De Mott   


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2 mins read

Interest rates remain steady once again — but it's likely the Fed will cut rates in September

The Federal Reserve held interest rates steady in its July meeting as pressure mounts on the centra…

Ayelet Sheffey   


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1 min read

The Fed is 'getting closer' to cutting interest rates, top official says

Several official from the Fed seem confident that, with more data on steadily decreasing inflation,…

Kelly Cloonan   


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2 mins read

Obama says Harris would make the economy fairer as president — while Trump would help his rich friends

Barack Obama said Kamala Harris would widen access to good jobs, schools, and housing, while Donald…

Theron Mohamed   


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2 mins read

Markets will rebel if Trump or any president tries to control the Fed, Harvard economist says

"If you take away Fed independence, investors are gonna get jittery, inflation expectations are goi…

Filip De Mott   


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1 min read

Interest rates still might not be high enough to quell inflation, Minneapolis Fed president says

Housing inflation prompts questions about how restrictive monetary policy actually is, Minneapolis …

Yuheng Zhan   


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3 mins read

The bond market is selling off after traders got their Fed forecasts wrong

"We could easily get a scenario where the Fed will basically have to reverse course and begin to st…

Matthew Fox   


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2 mins read

Ukraine's surrender hotline is tempting North Koreans to desert, promising they'll be well fed

North Korea, which is ruled by its leader Kim Jong Un, is believed to have sent thousands of troops…

Kwan Wei Kevin Tan,Mia Jankow…   


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3 mins read

How Saudi Arabia could create a crisis for Russia's economy

Saudi Arabia has signaled that is is ready to flood the market with oil if OPEC doesn't commit to c…

Filip De Mott