BofA CEO Brian Moynihan dismisses recession fears despite Wall Street's most hawkish Fed forecast
Bank of America CEO Brian Moynihan says a recession is not coming despite his firm predicting three Federal Reserve rate hikes and inflation through 2028.
BLS took steps to fix data release failures but watchdog says more safeguards are needed
A watchdog report found BLS released CPI and jobs data at improper times in 2024, saying the agency still needs additional safeguards for economic data.
Fourth of July cookout prices hit record high as America celebrates 250th birthday
Ground beef, hot dogs, strawberries and ice cream all cost more this summer as inflation pushes Fourth of July barbecue prices to a 10-year high.
Art Laffer emphasizes gold as key indicator for dollar's strength
Former Reagan economist Art Laffer states gold is the best measure of the dollar's value, noting its sharp decline signals lessening inflation fears, mirroring the Reagan-Volcker era.
Mortgage rates tick slightly higher amid Iran, inflation uncertainty
Mortgage rates ticked slightly higher this week, with the 30-year fixed rate rising to 6.49%, according to Freddie Mac's latest weekly survey.
US economy grew at 2.1% in first quarter
First-quarter GDP grew at 2.1%, above the expected 1.6%, as equipment investment in AI and computers along with consumer spending led growth.
Fed's favored inflation gauge accelerated in May amid energy price shock
The Commerce Department PCE inflation report for May showed the Federal Reserve's favored inflation gauge rose higher amid the energy price shock caused by the Iran war.
Delta CEO Ed Bastian reveals what he says must happen for airline ticket prices to fall
Delta Air Lines CEO Ed Bastian says ticket prices will drop when more supply enters the market, citing air traffic control congestion as a bottleneck.
Kevin Warsh will be the furthest thing from what Dems painted him to be: Brian Brenberg
'The Big Money Show' panel discusses Kevin Warsh's first meeting as Federal Reserve Chair, fed policy and how he challenges the Democrats' narrative.
David Bahnsen on scrapping Phillips Curve at Fed
The Bahnsen Group founder and managing partner David Bahnsen, discusses Kevin Warsh's approach to the Federal Reserve, emphasizing that low inflation, strong growth, and low unemployment can coexist on 'Kudlow.'
Larry Kudlow: Reopening Strait of Hormuz could usher in 'falling inflation and rising prosperity'
FOX Business host Larry Kudlow discusses President Donald Trump's policy adjustments in relation to the stock market and the economic impact of the war in Iran on ‘Kudlow.’
Market was reacting to the hawkish SEP, Charles Payne argues
'Making Money' host Charles Payne analyzes the market's harsh reaction to Fed chair Kevin Warsh's first presser, attributing it to hawkish economic projections.
Fed Chair Kevin Warsh vows to crush inflation as rate hike odds rise
‘The Big Money Show’ discusses Federal Reserve Chair Kevin Warsh’s stance on inflation after his first FOMC meeting, as nearly half of Fed officials project a rate hike this year. President Donald Trump weighs in on the decision.
Joe Lavorgna: I don't think Fed will kill the dot plot
SMBC Americas chief economist Joe Lavorgna comments on the future of the Fed's dot plot as chair Kevin Warsh explains why he did not submit his personal economic projection.
Federal Reserve leaves interest rates unchanged as Warsh era begins
The Fed left interest rates unchanged in June as Fed Chair Kevin Warsh led his first monetary policy meeting at the central bank, which faces elevated inflation due to the Iran war.
Warsh: financial markets perform best when they react to data
Federal Reserve chair Kevin Warsh addresses the central bank's move regarding forward guidance and whether the was a discussion of a future rate cut during a press conference.
Federal Reserve leaves interest rates unchanged, revises inflation outlook
FOX Business White House correspondent Edward Lawrence reports on the Federal Reserve's decision to maintain current interest rates on 'Making Money.'
Kevin Warsh kicks off new era at Federal Reserve as inflation surges and oil plunges
‘The Big Money Show’ discusses expectations for Federal Reserve Chairman Kevin Warsh’s first policy meeting as inflation hits a three-year high and investors watch for clues in the Fed's latest dot plot.
Kevin Warsh has his work 'cut out for him,' economist says
Former JPMorgan Chase chief economist Anthony Chan discusses the anticipated Fed meeting and policy under Chair Kevin Warsh, SpaceX's performance in the market and more on 'Varney & Co.'
Kevin Warsh's first Fed press conference looms as inflation surge makes rate cuts increasingly unlikely
The Federal Reserve is expected to hold rates steady as inflation rises to 4.2%, with new Fed Chair Kevin Warsh set to hold his first press conference.