Musk on Ron Paul as Fed chairman: ‘Great idea’
Elon Musk in a post on X appeared to back conservative commentator Charlie Kirk’s suggestion that former Rep. Ron Paul (Texas ...
Little to no relief from high borrowing costs expected as Fed Chair Powell heads to the Hill
The odds of further interest rate cuts this year by the Federal Reserve dwindled last week as unemployment fell and more ...
Tariffs, Tax Cuts Top a Crowded Economic Agenda as Fed Chairman Jerome Powell Heads to Congress
And this week will provide an example of that with the time-worn spectacle of a Federal Reserve chairman giving Congress a semiannual update on the economy and interest rates. The week also provides ...
Gold sees another leg higher ahead of US session after more tariff announcements
Traders pile into the precious metal as the single safe haven to withstand tit-for-tat tariff war.
Week Ahead for FX, Bonds: U.S. Inflation Data, Fed Comments in Focus
Fed Chair Powell's monetary-policy testimony on Tuesday to the Senate Banking Committee, and on Wednesday to the House Financial Services Committee, will also be watched closely for clues on the rate ...
US Dollar Forecast: Investors’ focus now shifts to US CPI data and Powell
Powell also addressed the uncertainty surrounding tariffs, describing their potential impact as highly unpredictable. He ...
Bond Traders Await Payrolls Print That May Vindicate Fed Caution
US Treasuries traded in a narrow range ahead of jobs data that may fuel bets policymakers will stay cautious, with interest-rate moves on hold for months. Most Read from BloombergCitadel to Leave ...
Business & Finance6d
Markets update: Trump, tariffs, trade and tech
Jerome Powell might have sighed with relief as the spotlight was taken away from the Fed’s announcement last week, writes Ian ...
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US inflation is lingering and tariffs could nudge prices in wrong direction
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...
The Fed’s Preferred Inflation Measure Ticked Up Slightly in December
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
The Fed Is Sitting on the Sidelines, but for How Long?
The relative calm in the markets may not survive upheaval in the A.I. sector and a deluge of disruptive Trump policies, our ...
Europe markets close higher as earnings come into focus; Kering down 6%
European markets closed higher on Wednesday as investors in the region monitored a series of corporate earnings releases.