Goldman Sachs raises odds on US Fed taper announcement in November
In a note, Goldman Sachs said it had raised the odds that a formal taper announcement will come in November to 45% from a previous forecast of 25%, and lowered the December chance to 35% from 55%.
Yellen endorses Powell for second Fed term, boosting his reappointment odds
Treasury Secretary Janet Yellen has reportedly told senior White House advisers that she supports reappointing Jerome Powell as Federal Reserve chair, a key endorsement that likely boosts his odds for a second term.
House budget resolution vote, Fed's Jackson Hole meeting, Best Buy earnings top week ahead
FOX Business takes a look at the upcoming events that are likely to move financial markets in the coming days.
Fed’s Kaplan watching COVID delta variant 'very carefully,' may 'adjust' views
Federal Reserve Bank of Dallas President Robert Kaplan discussed the delta variant and how it may impact his views on policy.
Dow Jones tumbles 382 points as Fed minutes suggest taper could start this year
U.S. stock indexes closed lower Wednesday as investors digested minutes from the Federal Reserve’s latest policy meeting which suggested the central bank could begin tapering its asset purchases this year.
Fed signals tapering could come this year
The Federal Reserve gave fresh clues on when the tapering of asset purchases may begin and investors reacted swiftly.
Fed Chair Powell: Delta variant a wildcard for economy
Federal Reserve Chairman Powell warned COVID-19 is "still casting a shadow on economic activity."
Fed officials weigh ending asset purchases by mid-2022
Federal Reserve officials are nearing agreement to begin scaling back their easy money policies in about three months if the economic recovery continues, with some pushing to end their asset-purchase program by the middle of next year.
Inflation pressure 'never seen before' across entire food chain: former Heinz CEO
Former Heinz CEO Bill Johnson said that he is “very” worried about inflation, pointing out that “we're seeing pressures that we've never seen before even across the entire food chain.”
Inflation being felt at 'all levels': Wealth adviser
UBS Financial Services private wealth advisor Alli McCartney on the rise of inflation being felt at "all levels."
Fed's Rosengren: Stimulus wind down to begin by fall
The president of the Federal Reserve Bank of Boston added his voice Monday to a growing number of people, inside and outside the Fed, who say the central bank should soon begin to dial back its extraordinary aid for an economy that is strongly recovering from the pandemic recession.
AMC, Disney earnings, job openings, inflation data top week ahead
AMD and Disney are two companies that are likely to move financial markets in the coming days.
3 ways inflation is impacting your wallet, and how to combat rising prices
Prices on consumer goods have caused uncertainty while the economy recovers from the COVID-19 pandemic. Here's how inflation can impact your finances in the long run, and how you can protect your assets.
Treasury announces auctions to raise $126 billion next week
The Treasury Department announced Wednesday it will raise $126 billion to finance the government in a series of auctions next week by employing emergency measures to keep from broaching the newly imposed debt limit.
US household debt surged to nearly $15T in second quarter, a new record
U.S. household debt rose at the fastest pace in years during the spring, driven by a surge in credit card spending and home purchases.
Yellen lays out her ‘extraordinary measures’ to Congress after debt ceiling deadline expires
U.S. Treasury Secretary Janet Yellen on Monday sent a letter to Congress explaining to lawmakers what actions her department had begun to take to address the debt ceiling ,after it was neither raised nor suspended by the deadline.
Fed taper could throw stock market for a loop
The Federal Reserve signaling its intent to taper its asset purchase program will likely result in short-term stock-market selloff, according to Goldman Sachs.
Fed wraps monetary policy meeting, keeping interest rates unchanged amid signs of strengthening economy
The Federal Reserve wrapped up its July monetary policy meeting Wednesday with the announcement that it will keep the federal funds rate at its targeted 0% to 0.25% range.
Ex-Atlanta Fed president Lockhart predicts decision on tapering bond purchases will happen 'later in the year’
Former Atlanta Federal Reserve President Dennis Lockhart said on Thursday that he believes the Fed's decision to potentially taper bond purchases will not happen immediately and will likely “be made later in the year.”
Fiscal stimulus has US economy on 'sugar high', market expert says
Barry Bannister analyzes the stock market ahead of second quarter GDP and jobless claim reports.



















