Influential economists Ronnie Chatterji and Neel Kashkari will join the Minnesota Star Tribune’ s first ideas festival, the North Star Summit, for a chat on what artificial intelligence could hold for the economy of the Midwest. Kashkari is president and CEO of the Federal Reserve Bank of Minneapolis. Chatterji is chief economist at Open AI, a California- based…
Economic News
Influential economists Ronnie Chatterji and Neel Kashkari will join the Minnesota Star Tribune’ s first ideas festival, the North Star Summit, for a chat on what artificial intelligence could hold for the economy of the Midwest. Kashkari is president and CEO of the Federal Reserve Bank of Minneapolis. Chatterji served in the Biden Administration in business…
Gold is edging closer to the $4,000 per ounce milestone, driven by a combination of economic pressures, central bank demand, and investor anxiety over global uncertainty. The rally reflects not just short-term speculation but a broader shift in how markets are valuing hard assets amid persistent inflation and weakening confidence in fiat currencies. One of…
The post Gold Nears $4,000 as Investors Hedge Against Inflation and Fed Uncertainty appeared first on PRISM MarketView.
The EUR/USD exchange rate remained under pressure as investors reacted to the new developments in France and as they waited for the upcoming statements by top Federal Reserve officials. The EUR/USD exchange rate wavered as investors reacted to the new political crisis in France, where Sebastien Lecornu resigned as the country’ s premier, a month after taking…
As Washington remains gridlocked, U.S. residents face more than political theater. The government shutdown has halted the release of key data that Federal Reserve officials use to guide interest rate decisions and that businesses rely on for planning. Key agencies affected include the Bureau of Labor Statistics, the Census Bureau, and the Bureau of Economic…
The government shutdown has halted the release of key data that Federal Reserve officials use to guide interest rate decisions and that businesses rely on for planning. Key agencies affected include the Bureau of Labor Statistics, the Census Bureau, and the Bureau of Economic Analysis. Airport chaos: Long lines at airports, air traffic control disruptions, and…
The following information was released by the European Central Bank:. Speech by Christine Lagarde, President of the ECB, at the Hearing of the Committee on Economic and Monetary Affairs of the European Parliament. As a foundation for stability and a powerful symbol of European unity, both at home and abroad, the euro is one of Europe's greatest assets.
The news reporters obtained a quote from the research from Federal Reserve Bank,“ We map the former to agriculture and show that the share of agricultural employment declines at a constant rate during the economic transition and that recent observations on the share are sufficient to estimate the onset of transition. For more information on this research see:…
Channelchek, a Noble Financial Group platform, reports that gold miners have outperformed the broader market in 2025, soaring more than 135% and eclipsing even the high-flying semiconductor sector. Fueled by record central bank gold purchases, investor flight to safety, and Federal Reserve rate cuts, gold prices have gained over 45% this year — their strongest […]
The government shutdown has halted the release of key data that Federal Reserve officials use to guide interest rate decisions and that businesses rely on for planning. Key agencies affected include the Bureau of Labor Statistics, the Census Bureau, and the Bureau of Economic Analysis. Airport chaos: Long lines at airports, air traffic control disruptions, and…
Today, Veros Real Estate Solutions, an industry leader in enterprise risk management and collateral valuation services, released its Q3 2025 VeroFORECAST SM. The U.S. housing market remains in a holding pattern despite a modest easing in borrowing costs. Mortgage rates have slipped to around 6.3%, and in September 2025 the Federal Reserve delivered a widely…
The Bureau of Labor Statistics is withholding the release of a vital monthly jobs report because of the government shutdown, making it difficult to discern the state of the economy and hiring environment. Economists say the situation will make it harder for central bankers at the Federal Reserve to decide if another cut to interest rates is warranted.
The following information was released by the Federal Reserve Board:. At the Drexel Economic Forum, Drexel University LeBow College of Business, Philadelphia, Pennsylvania. For my part, as a Federal Reserve policymaker, I am committed to achieving the dual mandate given to us by Congress of promoting maximum employment and stable prices.
The Federal Reserve Board on Friday announced its approval of the proposal by BancFirst Corporation, of Oklahoma City, Oklahoma, to acquire AmeriBank Holding Company, and thereby indirectly acquire American Bank of Oklahoma, both of Collinsville, Oklahoma.
The Federal Reserve Board on Friday announced its approval of the application by Huntington Bancshares Incorporated, of Columbus, Ohio, to acquire Veritex Holdings, Inc., and thereby indirectly acquire Veritex Community Bank, both of Dallas, Texas.
Lisa Cook notched a temporary win in her legal battle against President Donald Trump this week when the Supreme Court said she could remain a governor on the Federal Reserve Board. The Supreme Court on Wednesday allowed Cook to remain in her job while her lawsuit against Trump proceeds. "It's a time to exhale but not breathe easy," said Peter Conti-Brown, an expert…
Our news editors obtained a quote from the research from Vanderbilt University,“ Furthermore, we show that having a daughter reduces a legislator’ s hostility toward Yellen. For more information on this research see: Yellin’ At Yellen: Hostile Sexism In the Federal Reserve Congressional Hearings. Journal of Politics, 2025; 87: 1365-1382. Journal of Politics can be…
The Federal Reserve just did something it hadn’ t yet done in 2025: It lowered its benchmark overnight lending rate. While the markets largely expected September’ s quarter-point rate cut, it does mark the beginning of a potential easing cycle after months of holding rates steady. That matters for homeowners because the Fed’ s decisions ripple through to home…
The Federal Reserve just did something it hadn't yet done in 2025: It lowered its benchmark overnight lending rate. While the markets largely expected September's quarter-point rate cut, it does mark the beginning of a potential easing cycle after months of holding rates steady. That matters for homeowners because the Fed's decisions ripple through to home…
