Federal Reserve

A mixed trading session took shape Tuesday on Wall Street, as investors rotated out of high-flying tech stocks and into lagging sectors. By midday in New York, the Nasdaq 100 dropped 0.7% to 22,500 points, while small caps in the Russell 2000 jumped 1.9% and the Dow Jones Industrial Average climbed...

Goldman Sachs analysts are cautiously optimistic about the prospect of major U.S. banks returning more capital to shareholders through buybacks and dividends. Thanks to regulatory changes and strong results in the Federal Reserve's latest stress tests (CCAR), the top five banks are sitting on an...

Goldman Sachs Group Inc. expects the Federal Reserve to deliver three quarter-point interest rate cuts this year, revising its outlook upward amid muted tariff effects and labor market weakness, the Wall Street brokerage said on Monday. What Happened: The investment bank now projects three...

On Monday, U.S. Treasury Secretary Scott Bessent responded to a question on whether he was willing to replace Jerome Powell as Federal Reserve chair. What Happened: “I will do what the President wants,” Bessent said in an interview with Bloomberg TV on Monday, when asked about the...

President Donald Trump escalated his war of words with Federal Reserve Chair Jerome Powell on Sunday, accusing him of keeping interest rates “artificially high” and insisting the benchmark should drop to "1% or 2%”, half of what it is now. What Happened: Appearing on Fox News' "...

Wall Street returned to record highs at the end of June, with both the S&P 500 and Nasdaq 100 breaking above their February peaks, capping a powerful rebound from April's tariff-driven lows. Investor sentiment turned positive as geopolitical and trade risks eased. Oil prices slumped $12 to $65...

Inflation picked up again in May, snapping a two-month slowdown, raising fresh concerns that rising tariffs on foreign goods may start to strain U.S. consumers. The Personal Consumption Expenditures (PCE) price index rose 2.3% in May from a year earlier, matching economists’ expectations and...

Mohamed El-Erian, a prominent economist and former CEO of PIMCO, has voiced significant concerns regarding the Federal Reserve, asserting that it is “getting harder to convince people that the Fed is apolitical.” What Happened: In a recent Substack post, El-Erian identifies three...

China is accelerating its move away from U.S. dollar-denominated assets, with the share of U.S. Treasuries and the Dollar in the country’s reserves reaching its lowest levels in over a decade. What Happened: On Thursday, The Kobeissi Letter, in a post on X, captured this dramatic shift,...

President Donald Trump's shortlist for the next Federal Reserve chair is heating up, fueling bets on deep rate cuts, pressuring the dollar and reigniting concerns over the Fed's long-guarded independence. According to a Wall Street Journal report, Trump is considering the following names to replace...

Sen. Elizabeth Warren (D-Mass.) is placing the blame for the Federal Reserve’s increasingly grim economic outlook on President Donald Trump’s trade and tariff policies. What Happened: On Wednesday, Warren posted on X, citing Fed Chair Jerome Powell’s recent Congressional testimony...

Kansas City Federal Reserve President Jeff Schmid said on Tuesday that the central bank has sufficient time to analyze rising import tariff impacts on inflation and economic growth before implementing further interest rate cuts.What Happened: “The current posture of monetary policy, which has...

Deploy Cash And Reduce Hedges Our highest probability scenario has come true in the Israel Iran war. This scenario was given in advance as the highest probability scenario on June 13 morning, just after Israel’s first attack. Our readers were once again ahead of the curve and had clarity at a...

Federal Reserve Chair Jerome Powell told Congress Tuesday that while inflation has cooled from its 2022 peak, it remains “somewhat elevated,” and the central bank is not ready to adjust interest rates, yet. However, he said the Fed is "well positioned to wait" for more clarity before...