Soaring used car prices suggest inflation headwinds to intensify
Surging used-vehicle prices suggest inflation will strengthen in early 2022.
Fed to wait until 2023 to raise rates, but there is risk of earlier hike
The Federal Reserve will wait until 2023 before raising interest rates, according to a majority of economists in a Reuters poll who nonetheless said the greater risk for the U.S. economy was persistently higher inflation over the coming year.
Inflation will ‘undermine’ US economy, growth over time: Thomas Hoenig
Former Kansas City Fed President Thomas Hoenig weighed in on inflation and economic growth in America.
Fed's Powell sold up to $5M in stock in 2020 before market tanked
Federal Reserve Chairman Jerome Powell sold up to $5 million worth of stock last October, according to a new financial disclosure form, shortly before the Dow Jones Industrial Average cratered.
Mortgage interest rates to begin trending up: MBA forecast
The Mortgage Bankers Association said interest rates will not continue to drop, and today's high inflation is not transitory in its economic outlook released at its annual conference.
Jerome Powell renomination for Fed chair backed by key Republican senators
Support for the potential renomination of Jerome Powell as chairman of the Federal Reserve is growing among key Senate Republicans, who have indicated they could help him earn a second term to lead the central bank despite fierce criticism from progressive lawmakers.
Treasury official claims inflation part of ‘economy in transition,’ only way out is 100% global vaccination
A top Treasury official this week claimed that the recent surge in inflation is part of an “economy in transition” and that the only way out is complete global vaccination.
White House decisions on Fed leadership complicated by trading furor
Federal Reserve Chairman Jerome Powell’s chances for a second term leading the central bank so far have been dented but not derailed by a reputational crisis over stock-trading disclosures by senior officials.
Inflation soars to highest rate in 13 years — here's what that means for interest rates
Inflation surged at record rates, hitting 5.4% annually in September. Experts explain what that will mean for interest rates and the Fed's monetary policy.
Powell still favorite for Fed reinstatement but investors examine alternatives
Jerome Powell may still be the clear favorite to get renominated as Federal Reserve Chairman, but some investors are considering the long-shot alternative should there be a surprise change
'Woke' Fed risks losing control of inflation, says former Treasury Secretary Larry Summers
Former Treasury Secretary Larry Summers on Wednesday excoriated Federal Reserve policymakers for paying too much attention to social issues rather than a pandemic-induced inflation surge that's triggered wild increases in many consumer prices.
Fed worried about inflation risk as it firmed up tapering plan
Federal Reserve officials last month worried that disrupted supply chains were raising the risks of more persistent inflation.
Fed could begin tapering bond purchases by mid-November, meeting minutes show
Most Federal Reserve officials agreed last month they could begin slowing their aggressive bond-buying program as soon as November, the first step that policymakers will take to dialing back pandemic-era support for the U.S. economy.
Fed's Bostic warns inflation surge 'will not be brief' amid wild consumer price spikes
Atlanta Federal Reserve President Raphael Bostic warned Tuesday that a recent burst of inflation is unlikely to dissipate anytime soon as pandemic-driven supply constraints continue to trigger wild swings in consumer prices.
Average personal loan interest rates drop to lowest level of 2021, Fed reports
Personal loans can come with a range of rates depending on a borrower's creditworthiness. Here's how you can take advantage of low average personal loan rates.
Job openings, inflation data, JPMorgan earnings and Blue Origin liftoff top week ahead
JPMorgan Chase earnings, fresh inflation data, and another Blue Origin blast off lead the week ahead.
US adds 194K new jobs, missing projected gains - here's what that means for interest rates
The August jobs report shows the U.S. added 194,000 jobs. Here's why economists were disappointed, and what that means for interest rates.
White House offers muted backing for Fed Chair Powell amid fierce criticism from Warren
The White House expressed muted support for Federal Reserve Chair Jerome Powell on Tuesday, the same day Sen. Elizabeth Warren, D-Mass., ripped Powell in a scathing floor speech amid widening ethics concerns at the central bank.
Sharp rise in rates would hit stocks: Goldman Sachs
A sharp rise in rates would likely be needed to derail the stock market, according to Goldman Sachs.
Consumer spending accelerates as Fed's inflation measure hits fresh 30-year high
Consumer spending rebounded in August as Americans hit the stores.


















