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Fed’s Hammack calls for patience in assessing what impacts tariffs will have on the economy

Cleveland Fed President Beth Hammack said Thursday she thinks policymakers need to be patient rather than preemptive in assessing how tariffs will impact inflation...

Finance

Watch Fed Chair Powell speak live on policy to the Economic Club of Chicago

Federal Reserve Chair Jerome Powell speaks Wednesday afternoon at the Economic Club of Chicago, delivering policy remarks with markets on edge over the effect...

Finance

Powell sees tariffs raising inflation and says Fed will wait before further rate moves

Federal Reserve Chair Jerome Powell said Friday that he expects President Donald Trump's tariffs to raise inflation and lower growth, and indicated that the...

Finance

‘Peak’ uncertainty: Evercore ISI predicts market turning point around Trump tariffs

Market uncertainty should "peak" around the Wednesday tariff deadline, according to Evercore ISI.In a note this week, Julian Emanuel wrote investors should resist tariff...

Finance

Morgan Stanley’s near-term rally call: CIO Mike Wilson sees beaten-up Mag 7 stocks as winners

Morgan Stanley's Mike Wilson sees a meaningful rotation back into U.S. stocks, and he sees one beaten-up group as a winner."It started out with...

Finance

Fed holds interest rates steady, still sees two cuts coming this year

WASHINGTON – The Federal Reserve in a closely watched decision Wednesday held the line on benchmark interest rates though still indicated that reductions are...

Finance

Powell says Fed is awaiting ‘greater clarity’ on Trump policies before making next move on rates

Jerome Powell, chairman of the US Federal Reserve, speaks during the University Of Chicago Booth School Of Business Monetary Policy Forum in New York,...

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