Congressional Stock Trading Talks at Loggerheads Over Controversial Supreme Court Provision
House Speaker Nancy Pelosi confirmed, that talks are making progress on the effort to stop lawmakers' trading activities.
House Speaker Nancy Pelosi confirmed, that talks are making progress on the effort to stop lawmakers' trading activities.
Gundlach of DoubleLine Capital worried Fed will choke off economic growth raising interest rates too fast. Larry Summers says Fed needs hike faster.
Rates traders are now betting that the Federal Reserve will lift its benchmark rate by at least three-quarters of a percentage point next week.
Fed officials look on track for another jumbo increase in interest rates this month, as they hasten to crimp demand.
Bond market is signaling that in the matter of the Federal Reserve versus inflation, its money is on the US central bank.
Powell says officials won’t flinch in the battle to curb inflation, hardening expectations that they’ll deliver a third straight jumbo rate hike.
The Fed "strongly committed" to fighting inflation, but there remains hope it can be done without the "very high social costs".