Egg prices are surging again. Why Powell and the Fed’s grip on inflation may be slipping.
The price increase in this consumer staple is complicating the central bank’s ability to achieve a soft landing.
Hang Seng Index: AI Rally, Fed Rate Cut Bets, and Trump’s Tariffs – Weekly Recap
Asian markets climb on easing trade war fears, AI-driven tech stock gains, and Fed rate cut bets. Hang Seng leads with its ...
Fed Chair Sees Elon Musk's Audit Push As Threat To Central Bank's Existence
Federal Reserve Chair Jerome Powell said he views proposals to "audit the Fed" floated by Elon Musk and others last week as a ...
Federal Reserve Chair Jerome Powell returns to Congress following January inflation spike
The change was slightly above analysts' expectations and is likely to bolster reluctance at the Fed to cut interest rates any further.
Summers sees biggest inflation-breakout risk since 2021
Four years after blasting United States fiscal and monetary policymakers for excessive stimulus that risked the biggest inflation blowout in a generation, former Treasury Secretary Lawrence Summers ...
Fed's Powell heads back to Congress as data shows inflation jump in January
U.S. consumer prices rose faster than expected in January in a sign progress on inflation may remain stalled, data showed on ...
Powell Says Fed Isn’t Rushing to Change Rates
In testimony before the Senate Banking Committee today, Federal Reserve Chair Jerome Powell stuck to last month’s message, ...
Summers Sees Biggest Inflation-Breakout Risk Since 2021 Errors
Four years after blasting US fiscal and monetary policymakers for excessive stimulus that risked the biggest inflation ...
Fed Chair Powell says central bank doesn't ‘need to be in a hurry' to lower interest rates further
Powell called the economy “strong overall” with a “solid” labor market and inflation that is easing but still above the Fed’s ...
Bessent on Powell: ‘I’m sure he’s going to do the right thing’
Treasury Secretary Scott Bessent said Thursday he wouldn’t be commenting on the Federal Reserve’s interest rate policies and expressed confidence in Fed Chair Jerome Powell, breaking from ...
Claudia Sahm On U.S. Economic Effects - The Details Matter
Claudia Sahm, expert on monetary and fiscal policy, discusses the Sahm Rule, labor supply and unprecedented economic events.
Hang Seng Index: AI Stocks Surge as China’s DeepSeek Shakes Markets – Weekly Recap
Hang Seng gains on China’s AI optimism, while Nikkei falters on a stronger Yen. ASX 200 surges as rate cut bets fuel banking ...