Wildfires, snow and holiday shopping. Here’s what likely influenced Friday’s jobs numbers
Trump, via the Elon Musk-spearheaded Department of Government Efficiency, is in the process of gutting some federal agencies.
Inflation data to test market as tariff talk swirls
A fresh look at the pace of inflation will test the U.S. stock market in the coming week, as investors worry that President Donald Trump's tariff plans are endangering Wall Street's hopes for interest ...
Analysis-Leaving Fed Behind, Top Central Banks Have Room to Ease
FRANKFURT/ZURICH (Reuters) - Central banks around the globe have plenty of room to keep cutting interest rates, and a limited ...
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 ...
Today's Mortgage Rates | Rates Down For Now, But Uncertainty Looms
These are today's mortgage and refinance rates. Mortgage rates have been trending lower, but where they go next depends on inflation.
Forecasting Error Puts Fed On Wrong Side Again
The Federal Reserve’s record of forecasting has frequently led it to respond too late to changes in economic and financial conditions. Read more here.
Wall St Week Ahead Inflation data to test market as tariff talk swirls
A fresh look at the pace of inflation will test the U.S. stock market in the coming week, as investors worry that President ...
Should bond investors beware Trump tariffs? How proposed tariffs could hit bonds
The bond market has already begun pricing in the potential for higher interest rates. Even the day after Trump’s election ...
The Treasury Secretary Says Trump Wants Long-Term Interest Rates to Fall—It May Take a While
Treasury Secretary Scott Bessent said President Donald Trump is looking for longer-term interest rates to fall.
Inside the Fed, fears increase that Trump tariffs would boost inflation
There’s a growing sense among some inside the Federal Reserve that President Donald Trump’s willingness to use tariffs as a ...
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 ...
Trump's focus on 10-year Treasury yield to cut borrowing costs raises curiosity - and problems
Federal Reserve Chair Jerome Powell may be breathing easier now that the Trump administration intends to focus on the 10-year Treasury yield, instead of rate cuts, to lower borrowing costs. But for ...