Trade negotiations between the U.S. and China are ongoing, with some progress achieved, but uncertainty continues to linger as to whether an acceptable and long-lasting agreement can be achieved ...

Past changes to the Federal Reserve's longer-run strategy, including letting inflation run hotter than 2% for "some time," ...

Fed Chair Jerome Powell says the central bank is rethinking its inflation and employment approach as part of its 2025 policy review.

The Federal Reserve is maintaining current interest rates as officials assess the economic impact of President Donald Trumps ...

Powell said the inflation from tariffs will likely be temporary, but "could also be more persistent," echoing a concern expressed by a majority of the Fed's 19-member interest rate-setting committee ...

Why won’t you act now, before it’s too late?” And Powell’s answer, repeated over and over again, was something like, “We cannot act pre-emptively, because we do not know what we should be pre-empting.

On a YoY basis, headline inflation slowed to 2.3%, also missing expectations of 2.4%. Core CPI, which strips out food and ...

No one in places like Florida or Myrtle Beach or Colorado’s Glenwood Springs wants to wake up to a headline, sensationalist or not, saying, “Vacation homes (about 7 million in the U.S.) are being ...

In summary, don’t hold your breath for a rate cut next month as the Fed is clearly in “wait and see” mode as trade ...

The surprise U.S.-China trade breakthrough on Monday delivered another blow to short-term Fed cut bets. With tariffs slashed ...

The uncertainty of tariffs, mentioned two dozen times after last Wednesday by Powell and multiple reporters questioning him ...

The U.S. economy finds itself at a curious intersection with mounting uncertainty as we navigate through the second quarter of 2025. Recent data shows encouraging signs of disinflation, but both the ...