Kenny Polcari from SlateStone explains why he thinks the 50 basis point rate cut by the Fed is seen as political "pandering" ...
A clear and calming tone from the Fed, in any case, would be needed. But, if Powell does play it cautiously, with 25bp, there is a greater onus on him to flesh out the central bank’s subsequent ...
Inflation has made it almost impossible for first-time buyers to purchase a house. The Federal Open Market Committee of the Federal Reserve is meeting Tuesday and Wednesday afternoon, and it's ...
Jay Powell laid out the stakes for the US economy three months ago as the Federal Reserve advanced towards its first interest rate cut since the pandemic. “It’s a consequential decision ...
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(Photo by Brooks Kraft/ Getty Images) Inflation is driven by the government’s actions — specifically, through deficit spending and the expansion of the money supply. When the government spends ...
Former Fed vice chair Donald Kohn said, “There are lots of risks out there.” “But I think Jay Powell is as well positioned as anyone could be – from his past behaviour and from the ...
Bull market and bear market are two terms that every stock market investor is familiar with. While bull markets create wealth, bear markets destroy wealth. Bull markets are driven by greed and ...
The general consensus is that on Wednesday Fed Chair Jay Powell will announce a 25 basis point (bps) cut following the Federal Open Market Committee (FOMC) meeting—though experts are warning if ...
But Fed Chairman Jay Powell expressed openness to the idea of cutting rates if economic indicators warrant. He also recently… Does the president have legal authority to fire the Fed chair?