Hosted on MSN2h
Minneapolis Fed president says another interest rate cut in December is "certainly possible"
Neel Kashkari, the president of the Minneapolis Federal Reserve, tells "Face the Nation with Margaret Brennan" that another ...
Fed's Kashkari says Trump tariffs could reheat inflation if they provoke global trade 'tit for tat'
Donald Trump unleashed China tariffs during his first term that essentially sparked a trade war after the country retaliated ...
SFGate3h
The Fed Just Cut Rates Again, but Mortgage Rates Keep On Rising
As expected, the Fed cut its policy rate by a quarter-point on Thursday, to a new target range of 4.5% to 4.75%. It marked ...
Fed’s Kashkari Says Economy Strong, But Inflation Not Vanquished
Federal Reserve Bank of Minneapolis President Neel Kashkari said the US economy has remained remarkably strong as the central ...
The Hill4h
The Trump 2.0 trade doctrine: Making the global economy unpredictable again?
Another troubling point is Trump’s chronic desire to control U.S. Federal Reserve. The Fed, with its mandate to control inflation and maintain stable labor markets, has long operated as an independent ...
Fed's Kashkari says broad-based US deportations could disrupt labor for some businesses
Widespread deportation of foreign-born workers from the United States probably would disrupt some businesses, but the impact ...
fingerlakes16h
Trump pledges lower interest rates, but Fed independence limits control
President-elect Donald Trump has vowed to reduce interest rates, but the path to achieving this is largely beyond his influence. While Trump has criticized the Federal Reserve’s handling of rates, ...
Inflation and retail sales data greet a roaring stock market rally: What to know this week
On a "core" basis, which strips out food and energy prices, CPI is forecast to have risen 3.3% over last year in October, ...
24/7 Wall St9h
Retirees: 2 High-Yield Dividend Stocks to Beef up Your Passive Income
Retired investors still have numerous options to add to their passive income streak, while rates and yields are still on the ...
AOL11h
Commentary: One of the biggest election factors is also one of the most misunderstood — inflation
The spike was also a global phenomenon. In the US, the inflation rate hit its highest point in this recent surge in June 2022 ...
Trump Victory Poses Challenges For The Fed's Independence
Donald Trump's return to the White House could put the independence of the US Federal Reserve under strain, potentially weakening its ability to fight against inflation and unemployment free from ...
NBC News16h
A federal disaster fund has drawn 50,000 applications after twin hurricanes. One problem: It’s out of money.
When the river began to rise last month in Asheville, North Carolina, Lucious Wilson stood on a nearby hill and watched as his brewery slowly vanished in the floodwaters generated by Hurricane ...