Federal Reserve

Mohamed El-Erian, a prominent economist and former CEO of PIMCO, has voiced significant concerns regarding the Federal Reserve, asserting that it is “getting harder to convince people that the Fed is apolitical.” What Happened: In a recent Substack post, El-Erian identifies three...

U.S. futures rose on Thursday after a mixed close on Wednesday. Futures of major benchmark indices were trading higher. During his testimony to Congress, Federal Reserve Chair Jerome Powell signaled slower growth and hotter inflation after the central bank left interest rates unchanged. President...

As artificial intelligence (AI) accelerates job displacement, economist Craig Shapiro warns that the Federal Reserve's traditional tool of interest rate cuts is ill-equipped to address the looming labor crisis. What Happened: In an X post and a detailed Substack essay published today, Shapiro...

The U.S. housing market is tilting sharply in favor of buyers, with a record 33.7% more sellers than buyers, according to the latest data. What Happened: This imbalance, the largest since 2013, is driving expectations of a 1% decline in home prices by year-end, as reported by Redfin. With 1.9...

Editor’s Note: This story has been updated to reflect the accurate drop in the SWBI stock. U.S. futures were trading lower on Friday after a day’s break on Thursday. Futures of major benchmark indices were trading lower. Investors stayed on edge due to the continuing Iran-Israel...

Economist Peter Schiff issued warnings about America’s economic trajectory during Wednesday’s Federal Reserve meeting, predicting the central bank’s decade-long policies will trigger an unavoidable crisis worse than 2008. What Happened: The Federal Open Market Committee kept...

The Federal Reserve bumped its median forecast for core inflation, which has left analysts divided as some believe that the central bank is overplaying the inflation story, while others say the impact of inflation cannot be overstated. What Happened: Despite acknowledging that inflation data was...

The Federal Reserve left its benchmark rate unchanged at 4.25%-4.50% for a sixth straight meeting and Chair Jerome Powell signaled no near-term cuts despite mounting White House pressure. While traders still price in two quarter-point reductions later this year, the Fed's pause keeps borrowing...

Senior economist Mohamed El-Erian anticipated a rocky road ahead for the Federal Reserve to formulate the monetary policy, as the “uncertainties” surrounding the federal policies and geopolitical scenario “cloud” the Fed’s policy radar. What Happened: Despite the...

U.S. futures were trading higher on Wednesday as oil futures tumbled after President Donald Trump called for an "Unconditional Surrender" of Iran late Tuesday. Trump also stated in one of his Truth Social posts that the U.S. knows exactly where Iran's "Supreme Leader" was hiding, highlighting that...

Digital assets are displaying resilience amid geopolitical volatility, posting $1.9 billion in net inflows for the week ending June 14, according to Coinshares. This surge brings cumulative year-to-date inflows to $13.2 billion, setting a new annual record for the sector. "Digital assets remained...

U.S. stock futures were trading higher on Monday following Friday’s sharp declines. Futures of major benchmark indices were higher in premarket. Iran retaliated against Israel's Operation "Rising Lion," which began on Thursday, following which President Donald Trump issued a stern warning to...

President Donald Trump has never been one to hold back, but his latest jab at Federal Reserve Chair Jerome Powell might be aging worse than milk left out in the sun. Less than a day after calling Powell a "numbskull" for refusing to slash interest rates, the financial landscape has shifted...

The Federal Reserve is widely expected to maintain its benchmark interest rate in the 4.25%-4.50% range at next week’s policy meeting, as policymakers weigh recent soft inflation data against ongoing uncertainty from President Donald Trump‘s trade policies and demands for aggressive...

President Donald Trump and Vice President JD Vance intensified pressure on Federal Reserve Chairman Jerome Powell to cut interest rates by a full percentage point Wednesday, following the release of cooler-than-expected May inflation data that showed consumer prices rising just 0.1% monthly. What...