Federal Reserve

A historic divergence is unfolding across asset classes, with gold surging to its best presidential-term start since Gerald Ford while U.S. stocks post their worst performance since the same era, and Bank of America's chief strategist Michael Hartnett says investors are increasingly betting on...

Editor's Note: This headline has been updated to reflect the accurate wording of Donald Trump's quote President Donald Trump on Friday celebrated what he described as a "transition stage" of economic renewal, as recent economic data showed falling consumer prices and solid job growth, defying...

Billionaire Elon Musk called for the Department of Government Efficiency (DOGE) to investigate the Federal Reserve’s $2.5 billion headquarters renovation spending, escalating his scrutiny of the central bank as he prepares to reduce his role in the government efficiency initiative. What...

A closely watched inflation gauge used by U.S. policymakers cooled in March, signaling easing price pressures ahead of the April 2 tariff announcement, as consumers and businesses assessed the potential economic impact. The Personal Consumption Expenditures (PCE) price index rose 2.3% year-over-...

At a Michigan rally commemorating the 100th day of his second term, President Donald Trump once again remarked on Federal Reserve Chair Jerome Powell, claiming the superiority of his own knowledge over the former's without taking his name. What Happened: Addressing supporters at Macomb Community...

Home sales fell sharply in March and weekly mortgage applications plunged as high interest rates and economic uncertainty stifled demand as the spring home-buying season got underway.  The Details: Sales of previously owned homes in March fell 5.9% from February to 4.02 million units on a...

Investor risk appetite rebounded over the week as the U.S. administration signaled a de-escalation in trade tensions with China. President Donald Trump also reassured markets that he has no intention of firing Federal Reserve Chair Jerome Powell. Reports suggested China is considering suspending...

Even after a powerful rebound after the early-April tariff-driven selloff, Bank of America’s chief investment strategist Michael Harnett says the case for a lasting bull market still depends on a rare trio of conditions that remains out of reach for now. In his regular “The Flow Show...

As the Federal Reserve signals a one-and-done approach to rate cuts in 2025, investors are being forced to rethink what "safe" really means. According to Violeta Todorova, Senior Research Analyst at Leverage Shares, market participants face a complicated mix of "slowing growth, rising inflationary...

American economist Kenneth Rogoff says that the Federal Reserve’s autonomy is a lot more fragile than most people realize. The loss of the Fed’s independence, he warns, can lead to the return of price controls and financial repression, as was seen in the 1970s. What Happened: On...

U.S. stock futures fell on Thursday after a two-day advance. Futures of major benchmark indices were lower in premarket. The administration’s mixed signals on tariffs fueled investor anxiety. While President Donald Trump hinted at a deal with China while speaking to reporters on Tuesday after...

As the stock market reels with the changing macroeconomic conditions, Wells Fargo is advising long-term investors to capitalize on the recent market pullback by favoring high-quality equities, particularly within the energy sector and large- and mid-capitalization stocks. What Happened: Scott Wren...

With the ongoing shifts in the markets, the U.S.’s reliance on foreign capital is reversing, leading to lower asset prices. However, its unique position as the issuer of the world’s reserve currency provides a significant advantage in navigating this shift, according to an expert. What...

Americans are rushing to buy cars ahead of looming price hikes, fueling a short-term spending spree on goods most vulnerable to the latest wave of tariff disruptions. In its Beige Book released Wednesday, the Federal Reserve said most regional districts reported moderate to robust vehicle sales,...

Risk-on sentiment dominated Wall Street on Wednesday, as upbeat earnings reports and conciliatory messages from the Trump administration helped lift investor confidence. The administration eased market fears on two major fronts that have recently weighed heavily on sentiment. On the trade front,...