Federal Reserve

U.S. retail sales for May are expected to post a sharp monthly decline, potentially reinforcing concerns that tariff headlines and economic uncertainty are starting to pinch consumer spending. That would mark the second monthly drop in 2025 after January's 0.9% plunge. Monthly declines in retail...

As the U.S. dollar has slumped to its lowest level in over two years, emerging market stocks rallied in near-perfect inverse fashion—a trend that may be just at its early stages. The iShares MSCI Emerging Markets ETF (NYSE:EEM), which holds more than 800 EM stocks, posted its ninth consecutive...

President Donald Trump escalated his criticism of Jerome Powell on Thursday, blaming the Federal Reserve chief's rate stance for higher U.S. debt costs. According to USA Today, Trump said higher interest payments were the result of "one numbskull," a reference to Powell, and accused him of ignoring...

The greenback hasn’t been this weak in over two years, as mounting evidence of disinflation and cracks in the labor market stripped away its appeal, prompting a louder call from economists for the Federal Reserve to cut interest rates. The U.S. dollar index—a trade-weighted gauge measuring...

Editor’s Note: This article has been updated with additional content. Producer prices snapped back in May after an April decline, but the rebound fell short of sparking inflation concerns, suggesting tariffs and supply frictions have yet to bleed broadly into the economy. The Producer Price...

Inflation resumed its climb in May, snapping a four-month streak of easing price pressures, yet rising input costs from tariffs failed to significantly spill into consumer prices. The annual rate of increase in the Consumer Price Index (CPI) was 2.4% last month, marking a slight acceleration...

Decentralized Finance, or DeFi, has stormed onto the financial stage like a disruptive underdog, promising to upend the traditional banking system with its blockchain-based, intermediary-free approach to money management. By enabling peer-to-peer transactions through smart contracts on public...

A new rift is emerging inside the Republican Party over how to tackle the looming expiration of the 2017 tax cuts. Rep. Thomas Massie (R-Ky.) is pushing back against the administration’s claims regarding the tax cuts and the “One Big, Beautiful Bill.” What Happened: On Saturday,...

The May employment report delivered a stronger-than-expected performance, fueling optimism across markets and a full-throated celebration from President Donald Trump—who simultaneously stepped up his public campaign to push Federal Reserve Chair Jerome Powell toward cutting interest rates. Nonfarm...

Jerome Powell is scheduled to be the Federal Reserve Chairman through May 2028, but an ongoing conflict with President Donald Trump has put his time in the role into question. A new Benzinga poll shows whether readers think Powell should step down from the position. What Happened: Trump and Powell...

Economist Craig Shapiro argues that the debt ceiling, a mechanism only used by the U.S. and Denmark, fails to curb excessive government spending and instead creates political theater every few years. What Happened: Shapiro, who is a macro strategist at the Bear Traps Report highlights the Federal...

Wells Fargo & Co (NYSE:WFC) shares are rising in Tuesday’s after-hours session after the company announced it’s no longer subject to asset growth restrictions imposed in 2018. What Happened: Wells Fargo said the board of governors of the Federal Reserve determined that Wells Fargo...

Chicago Federal Reserve President Austan Goolsbee warned Tuesday that April’s softer inflation reading may be misleading, calling it possibly the "last vestige" of pre-tariff pricing, with more substantial upward pressure likely to appear in the coming months. Speaking during a moderated Q...

Let's be clear… There are no emergency rate cuts coming. The economy is way too strong. So if you're betting on a Fed pivot to bail out your portfolio… don't. Why do I say that? Because the data says it. The market says it. Even bonds say it. "Higher for longer" isn't a theory anymore. It's...

Federal Reserve Governor Christopher Waller warned that tariff-induced inflation could temporarily push prices higher while signaling potential rate cuts later in 2025, contingent on trade policy clarity and economic stability. What Happened: Speaking at the Bank of Korea International Conference...