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As Trump Calls For 3-Percentage Point Rate Cut, 'Too Late' Jerome Powell To Resign, June Fed Minutes Show 'Uncertainty' Reigns Supreme
Thursday, July 10, 2025 - 2:34am | 721As the minutes of the Federal Reserve’s June meeting were released on Wednesday, the word “uncertainty” reigned supreme amid the ongoing tariff turmoil and President Donald Trump‘s call to cut rates by 3 percentage points. What Happened: The words “uncertain” and...
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US Stocks Likely To Open Higher Despite Powell's Tariff-Induced Inflation Warning: Walgreens, Nike In Focus Ahead Of Earnings
Thursday, June 26, 2025 - 6:23am | 1528U.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...
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EXCLUSIVE: Should Fed Chair Powell Resign? Here's What Benzinga Readers Said
Thursday, June 5, 2025 - 12:37pm | 843Jerome Powell is scheduled to be the Federal Reserve Chairman through May 2028, but an ongoing conflict with President Donald Trump has put his time in the role into question. A new Benzinga poll shows whether readers think Powell should step down from the position. What Happened: Trump and Powell...
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JD Vance Says Trump Is Right About Jerome Powell: The Fed Chair A 'Nice Guy' But 'Wrong About Almost Everything'
Thursday, May 8, 2025 - 10:24pm | 535Vice President JD Vance has openly criticized Federal Reserve Chair Jerome Powell for his economic policies, particularly concerning inflation and trade agreements. What Happened: During an interview with Fox News, Vance expressed dissatisfaction with Powell’s handling of economic issues....
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Market's Bet On Aggressive Fed Cuts Clash With Short Rate Market Data: Next Fed Chair Could Initiate 'Cutting Cycle,' Says Expert
Monday, May 5, 2025 - 8:37am | 905Financial markets are currently pricing in a significant and rapid cycle of interest rate cuts by the Federal Reserve starting as early as July, according to the CME data. However, this expectation stands in stark contrast with the prevailing short-term rate market data, which suggests a different...
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Chicago Fed Chair Goolsbee Agrees With Bessent: 'Fed Independence Is A Jewel Box,' Awaits Tariff Revisit Before 'Jumping To Action'
Tuesday, April 22, 2025 - 5:10am | 719Chicago Federal Reserve President Austan Goolsbee has underlined the need to wait for policy action on tariffs before jumping to any “action,” while agreeing with Treasury Secretary Scott Bessent‘s comments on the central bank’s independence being like a “jewel box...
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Trump's Tariffs, Fed Rate Decisions, And America's Debt Crisis: This Week In Economics
Sunday, February 2, 2025 - 12:56pm | 470As we wrap up another eventful week, the headlines were dominated by President Donald Trump‘s tariff decisions, the Federal Reserve’s interest rate moves, and billionaire investor Ray Dalio‘s take on America’s debt crisis. Let’s dive into the top stories that shaped...
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Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Secretly Monitor But Don't Talk About Yet
Friday, September 27, 2024 - 1:10pm | 1579Each week, Benzinga’s Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the surface and deserve attention. Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With...
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Inflation Decline Strengthens Confidence In Fed's Interest Rate Cut: 'If You Were Second Guessing The Fed... You Aren't Now'
Friday, September 27, 2024 - 10:37am | 912Friday's Personal Consumption Expenditures (PCE) Price Index report showed lower inflation in August than expected, which has economists cheering the results and their positive impact for consumers and the stock market. What Happened: The Personal Consumption Expenditures Price Index is the...
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Inflation Data 'Will Be Watched Like A Hawk' Friday After Fed's Interest Rate Cuts
Thursday, September 26, 2024 - 2:58pm | 584Friday's Personal Consumption Expenditure (PCE) price index report could validate the recent decision to cut interest rates and foreshadow the size of future cuts. PCE Report: The monthly PCE report is scheduled for release at 8:30 a.m. ET Friday. The data will be closely monitored by investors and...
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Rate Cuts: Good News Or Bad News For Stocks? Let's Dive Into The Bullish And Bearish Sides
Tuesday, September 24, 2024 - 3:27pm | 844So the first Fed rate cut is behind us, and we are no longer in a “higher for longer” period, but in a new rate cut cycle which will most likely last well into 2025. So that’s good news for stocks, right? Well, not necessarily. The reality is that rate cut cycles do...
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Claudia Sahm Underscores Fed's Mandate to Protect Jobs, Says Additional Cuts Expected: 'The Time To Support The Labor Market Is When It's Strong'
Thursday, September 19, 2024 - 10:06pm | 616In an opinion piece in the New York Times titled “Inflation Is Ebbing. Now the Fed Must Protect Jobs,” the inventor of Sahm’s Rule Claudia Sahm said the 0.5 percentage point cut in policy interest rate by the Federal Reserve signifies a change in the central bank’s strategy...
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VOO Vs. VTI: Which US Stock Market ETF Could Benefit More From Interest Rate Cuts?
Wednesday, September 18, 2024 - 3:24pm | 860When it comes to two of the largest U.S. stock market funds, one could stand out now that the Federal Reserve decided to cut interest rates Here's a look at key differences between the Vanguard S&P 500 ETF (NYSE:VOO) and the Vanguard Total Stock Market ETF (NYSE:VTI). VOO ETF Vs. VTI ETF: The...
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Brazil Expected To Raise Interest Rates Hours After Fed Lowers Them
Wednesday, September 18, 2024 - 2:13pm | 489Brazil's central bank will likely raise interest rates for the first time in two years due to a heated economy and an above-target inflation outlook. In contrast, the U.S. central banking system just cut rates by a half percentage point Wednesday afternoon. Brazilian policymakers led by Roberto...
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Trump Says No Federal Rates Cuts Before 2024 Election, Republican Congress Members Say 'The Time Is Right'
Friday, September 13, 2024 - 3:57pm | 633If former President Donald Trump has his way, the Federal Reserve will leave rates unchanged ahead of the 2024 presidential election. That doesn't seem likely with investors and members of Congress anticipating a rate cut next week. What Happened: Trump recently said that presidents should have "at...