Fed's Powell May Have Made US Monetary Policy Boring Again
Fed Chair Jerome Powell may be remembered as the man who got the U.S. through the pandemic and the one who made central banking boring again.
Fed Chair Jerome Powell may be remembered as the man who got the U.S. through the pandemic and the one who made central banking boring again.
Markets widely expect the Fed to cut interest rates for the fourth time this year at its December meeting. The question is what about next year.
The latest reading of the Federal Reserve's preferred inflation gauge showed price increases were flat in October from the prior month.
Billionaire Elon Musk, a key adviser to the incoming Trump administration, called for the Consumer Financial Protection Bureau to be eliminated.
The idea should be politically disqualifying: Imposing tariffs on imports raises prices paid by American consumers and businesses.
The Federal Reserve’s interest rate easing cycle appears to be nearing a pause rather than a continuation, according to Deutsche Bank.
A decisive win for Donald Trump eliminated any uncertainty around the results of the 2024 presidential election.