Will Data Dependence Leave the Fed Behind the Curve?
The Federal Reserve is guided by backward-looking data that are frequently revised. No wonder it has perfected the policy pivot.
This CD still yields 4.50%—here are today’s best CD rates on February 14, 2025
The most lucrative CD rates currently available offer up to 4.50% APY. By funding a certificate now, you could potentially ...
As DOGE hammers away at the US government, Republicans stir with quiet objections
One by one, in public statements and private conversations, Republican lawmakers are beginning to speak up to protect ...
Western Asset US Investment-Grade Credit Sector Q4 2024 Review
US Treasury yields moved significantly higher due to a number of factors. Click here to read the full commentary.
Federal Reserve’s Jerome Powell Urges Patience on Rate Cuts
Federal Reserve Chair Jerome Powell emphasized that the bank will be patient in adjusting interest rates on Tuesday as ...
Fed's Powell, quizzed about trade, Musk, and bank safety, says economy is fine
U.S. Federal Reserve Chair Jerome Powell, in his first appearance before Congress since the inauguration, vouched for the ...
Fed's Powell: No agency other than CFPB tasked with consumer protection enforcement
No U.S. regulator other than the Consumer Financial Protection Bureau is tasked with ensuring that banks abide by rules ...
Fed Chair Jerome Powell in no hurry to cut rates because the economy is ‘strong overall’
Federal Reserve Chair Jerome Powell told lawmakers on Tuesday the argument for free trade still makes sense but added that it was not the role of the central bank to comment on tariff or trade policy ...
Powell says Fed is ‘well positioned’ for the ‘risks and uncertainties’ ahead
The Federal Reserve is prepared to keep its key interest rate unchanged for now as inflation remains elevated and the job ...
Fed Chair Powell says no need to rush in adjusting policy stance or cutting interest rates
Fed Chair Jerome Powell signals no rush to cut interest rates as inflation stays above 2%. Markets expect rates to remain ...
Key takeaways from Fed Chair Jerome Powell’s congressional hearing
America’s central bank is in no rush to slash interest rates any time soon, Federal Reserve Chair Jerome Powell told lawmakers Tuesday. Powell also faced a barrage of questions about the Consumer ...
Fed Chair Powell says central bank doesn't ‘need to be in a hurry' to lower interest rates further
Powell called the economy “strong overall” with a “solid” labor market and inflation that is easing but still above the Fed’s ...