Fed Chair Kevin Warsh and the other 11 members of the central bank's Federal Open Market Committee last week carried out their mission to control inflation by managing monetary policy and raised the key interest rate to 4%, even though President Donald Trump has been demanding that borrowing costs be cut. Actually, more than demanding, as Trump has been…
Economic News
The Federal Reserve announced a 0.25% interest rate hike on Sept. 16, raising its benchmark interest rate into the 3.75% to 4% range. "The plain fact is that inflation is too high, and has been for too long," new Fed Chairman Kevin Warsh said after the announcement. Inflation has remained above the Fed' s 2% target for more than five years, worsening since the start of the…
The following information was released by The Bank of Canada:. Governor Tiff Macklem discusses how businesses and households are adapting to the long-term forces reshaping the Canadian economy. Businesses are adjusting their supply chains to reduce their exposure to tariffs, and many are looking beyond the United States for growth.
The following information was released by the Competitive Enterprise Institute:. The Federal Reserve raised interest rates. Congress passed a Russia sanctions bill that gives President Trump more tariff authority.
The following information was released by the Federal Reserve Bank of New York:. Ellen is a lead Treasury advisor in the markets group at the Federal Reserve Bank of New York. She joins us today to discuss all things Treasury market and her ongoing work in that project.
The following information was released by the Cato Institute:. Following today's decision by the Federal Reserve to raise interest rates, I wanted to share the following reaction from the Cato Institute's Jai Kedia, a research fellow with the Center for Monetary and Financial Alternatives:. "The Fed raised rates by 25 basis points today in response to inflation…
–The Federal Reserve board’ s recent decision to raise interest rates a quarter point may have expensive implications for Illinois taxpayers. Professor Justin Marlowe, director of the Center for Municipal Finance at the University of Chicago’ s Harris School of Public Policy, said state and local governments are already borrowing at higher interest rates…
—A top Federal Reserve official said Monday that the central bank may have to cause economic pain in the form of higher unemployment to combat stubbornly high inflation. Austan Goolsbee, president of the Federal Reserve Bank of Chicago, said in a speech in London that the Fed is facing a series of persistent supply shocks that have driven up inflation, including…
The following information was released by the Federal Reserve Bank of Dallas:. The forecast is based on an average of four models that include projected national GDP, oil futures prices, and the Texas and U.S. leading indexes. Texas employment fell in July, bringing year-to-date job growth down to 1.6 percentbelow the state's long-run average of 2 percent, said…
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The following information was released by the Federal Reserve Bank of Dallas:. The Federal Reserve Bank of Dallas has named Kate Faucher as senior advisor for energy programs. Faucher holds a bachelor's degree from Texas Tech University and an MBA from the Marshall School of Business at the University of Southern California.
EUR/USD remains under pressure this week as investors focus on the recent Federal Reserve and European Central Bank interest rate decisions. It was trading at 1.1486 ahead of a relatively muted week, in which there will be no major macroeconomic news from the US and Europe. The EUR/USD pair has slumped in the past few weeks as investors have reacted to the recent…
The Federal Reserve has made its position clear enough to force traders to reconsider how far U.S. yields may still climb. There may be room for a short-term bounce after the recent damage, but the broader picture remains tied to a familiar problem: the United States looks stronger, while Europe is still dealing with risks that are difficult to ignore.
—President Donald Trump has renewed his attacks on the Federal Reserve after it hiked its benchmark interest rate Wednesday, but the Fed matters less than broader economic trends when it comes to longer-term borrowing costs, economists say. Joe Brusuelas, chief economist at RSM, a tax consulting firm, said that a big reason for the change is a shift from the…
The NASDAQ 100 continues to see buyers on dips this past week, as we are looking very much like a market that is in a range, and now that we have gotten back the Federal Reserve, Bank of Japan, and Bank of England interest rate decisions, we have finished the market week on the right path. Bulls are still in control from what I see. This market is currently watching the…
The following information was released by the Federal Reserve Bank of Atlanta:. They have lost hope of becoming financially stable, but many folks in households earning $85,000 a year or less say they remain optimistic they will be able survive ongoing financial and economic hardships. 1 Included in this report are interviews with workers who are served by the…
WASHINGTON— Factory production unexpectedly fell in August and higher oil prices and rising interest rates could offset some of the support from an artificial intelligence build-out, likely keeping activity moderate for the rest of the year. The U.S. central bank raised interest rates Wednesday for the first time in three years and expects further hikes in…
Much of this move came from profit taking ahead of the weekend and a lack of news regarding Iran and the U.S. "For the week, November soybeans gained 7 cents while March gained 10-3/ 4 cents. After the Federal Reserve raised interest rates this week, the U.S. dollar rose sharply, which also likely weighed on prices toward the end of the week. "
Adam Aron, chief executive of AMC, who objected to Robinhood tokenizing the cinema chain's shares in a wrapper without permission, praised the U.S. Securities and Exchange Commission's innovation exemption on trading tokenized equities. On 17 September 2026 the U.S. Securities and Exchange Commission issued a 60- page order granting temporary, conditional…
