Federal Reserve

Editor’s Note: The future prices of benchmark tracking ETFs and the headline were updated in the story. U.S. stock futures pared losses to advance on Monday after Friday’s gains. Futures of major benchmark indices were higher. President Donald Trump's administration plans to unveil a...

Scott Bessent, the Treasury Secretary made a GDP forecast for the year end, downplayed concerns about inflation, attributing the rise in prices to the service economy rather than tariffs. 3% GDP Despite Inflation Bessent on Sunday predicted that the U.S economy would finish the year with 3% real...

Investor Kevin O’Leary warned that inflation remains a greater threat to the U.S. economy than the financial markets want to admit, while arguing that aggressive political pressure on the Federal Reserve risks undermining the country's global credibility. Inflation: A ‘Hidden Tax...

Economist Justin Wolfers criticized President Donald Trump’s rhetoric on the rising prices, noting that his promises on the campaign trail were never realistic to begin with. Trump’s ‘Original Sin’ On Sunday, Wolfers said that Trump’s “original sin” was...

If the Federal Reserve needed any encouragement toward easing, the latest ADP numbers are pushing in that direction. Instead of modest job gains, private employers shed 32,000 positions in November, with pay growth cooling to 4.4% year over year. "Hiring has been choppy of late as employers weather...

Wall Street extended its rebound after November's pullback, although with less momentum than the previous week, as risk appetite remained supported by expectations of another Federal Reserve rate cut. Investors widely expect the Fed to deliver a 25-basis-point cut on Dec. 10 — the third consecutive...

Former Kansas City Fed president Tom Hoenig, a one-time FOMC voting member, thinks the central bank is about to make a mistake. In a recent interview with Adam Taggart, the veteran central banker laid out a warning. The Federal Reserve is likely to cut rates in December despite inflation still...

(Editor’s note: The future prices of benchmark tracking ETFs, stock prices, the lede, and the headline were updated in the story.) U.S. stock futures pared earlier losses and advanced on Friday after ending in a mixed manner on Thursday. Futures of major benchmark indices were higher....

Market expectations for next year's Federal Reserve policy have quietly shifted in recent weeks, and the tone has grown noticeably more dovish. META stock is rallying on Thursday. Check what’s driving its move here. Investors now anticipate roughly two and a half rate cuts in 2026,...

(Editor’s note: The future prices of benchmark tracking ETFs and the headline were updated in the story.) U.S. stock futures rose on Thursday after advancing on Wednesday. Futures of major benchmark indices were slightly higher. Meanwhile, as Wall Street chatter about a December rate cut and...

President Donald Trump is reportedly contemplating appointing U.S. Treasury Secretary Scott Bessent as his chief economic adviser if incumbent Kevin Hassett is chosen as the next Chairman of the Federal Reserve. Additional Responsibilities For Bessent? The Trump administration is planning to name...

(Editor’s note: The future prices of benchmark tracking ETFs and the headline were updated in the story.) U.S. stock futures rose on Wednesday after modest advances on Tuesday. Futures of major benchmark indices were higher. Meanwhile, President Donald Trump launched “Trump Accounts,...

Senate Minority Leader Chuck Schumer (D-N.Y.) slammed President Donald Trump’s latest claims regarding the economy amid soaring prices of key essentials under his administration. Calls Out ‘Repeated Lies’ About The Economy On Tuesday, in a post on X, Schumer shared a video...

(Editor’s note: The future prices of benchmark tracking ETFs and headline were updated in the story.) U.S. stock futures rose on Tuesday after declining on Monday. Futures of major benchmark indices were higher. On Monday, the month of December kicked off with benchmark indices declining...