Why The Fed’s Next Interest Rate Move Is Becoming So Hard To Predict
What should the Fed do to fight high inflation while preventing the job market from collapsing? Ask its 12 leaders and get 12 different answers.
What should the Fed do to fight high inflation while preventing the job market from collapsing? Ask its 12 leaders and get 12 different answers.
What was once seen as a near-certain cut in interest rates next month now looks more like a coin flip.
While the Fed remains divided over whether to cut interest rates at its last yearly policy meeting, changes are starting to shape next year's policy.
Treas. Sec. Scott Bessent said Trump’s proposal to send $2,000 “dividend” payments from tariffs to US citizens would require congressional approval.
Pressures simmering in the $12 trillion market serving as a critical source of day-to-day funding on Wall Street are spurring calls for a response.
President Donald Trump says his $300 million White House ballroom will be paid for “100% by me and some friends of mine.”
Economists say the production of November employment and inflation reports should be a priority to ensure the Fed officials have the information.