Trump escalates feud with Fed Chair Jerome Powell, saying his 'termination cannot come fast enough'
President Donald Trump said in a Truth Social post that Federal Reserve Chair Jerome Powell's "termination cannot come fast enough."
Jerome Powell
Rate-cut bets are soaring as traders see rising recession odds
Odds of a recession jumped to 54% on the betting platform Kalshi following Trump's tariffs. Stocks tanked Thursday on trade war angst.
Americans aren't getting an interest rate cut this month
The Federal Reserve held interest rates steady in March while markets predict cuts later in the year.
Markets are looking to the Fed for guidance on the economy — but the central bank may not be in charge anymore
Economists expect Fed Chair Jerome Powell to hold off on cutting rates this round due to macroeconomic uncertainties.
The once-rock-solid economy is starting to wobble
The worrying signs for the US economy are piling up: unemployment is rising, Americans are cutting spending, and the housing market is still frozen.
Despite Trump's pressure campaign, you probably won't be seeing interest rate cuts this week
The Federal Reserve is likely to hold interest rates steady in its coming decision out Wednesday.
Stock market today: Dow breaks 10-day losing streak but stocks struggle to claw back losses after Fed sell-off
The Dow managed to narrowly snap a 10-day losing streak, giving up most of its earlier gains to end slightly higher after Wednesday's 1,100-point drop.
The Fed cut interest rates again, but one key number shows why borrowers could still have a tough time in 2025
For consumers to get more relief in the form of lower borrowing costs, the 10-year Treasury yield needs to move lower.
Dow aims to break worst losing streak in 50 years as stocks recover after Fed-fueled rout
Indexes rose after a broad sell-off on Wednesday after the Federal Reserve back rate-cut expectations at its policy meeting.
Stocks tanked after the Fed signaled fewer rate cuts next year. Here's what Wall Street analysts see ahead.
The Federal Reserve cut interest rates on Wednesday but projected only two further cuts next year. Here's what analysts are saying about the news.
The Fed penciled in 2 interest-rate cuts for 2025 — but Powell said nothing is final given the uncertainty around Trump's trade policies
After the Federal Reserve cut interest rates in its final decision of the year, Powell said tariffs could add uncertainty to the central bank's plans.
The Fed cuts interest rates once again in its final decision of the year
The Federal Reserve cut interest rates by 25 basis points on Wednesday, with the central bank expected to move more slowly in 2025.
Americans will likely get one more interest-rate cut before the year closes out
Traders expect the Federal Reserve to cut interest rates this week while the outlook for 2025 under President-elect Donald Trump remains uncertain.
Wall Street is starting to think this week could bring the Fed's last rate cut for a while
While some analysts see a pause in the Fed's rate cutting cycle, Apollo's chief economist thinks the Fed could shock markets with a rate hike next year.
Here's what some of the world's most powerful people have to say about Elon Musk
Jeff Bezos, Sam Altman, and more seemed optimistic about how Elon Musk would use his new political power when they were questioned about it at a conference.
Markets think the odds of a Fed pause in December are rising
Traders see 45% odds of a Fed pause in December, up from 17% last week as markets digest a win for Trump and cautious remarks from Fed officials.
The fight over Jerome Powell puts Elon Musk at odds with Wall Street
The markets are a strong counter to Musk's influence and Trump's inclination to undermine the Federal Reserve, Wall Streeters told BI.
Stock market today: Indexes fall as Powell says the Fed is in no hurry to cut interest rates
Indexes slipped as traders zeroed in on remarks from Fed Chair Jerome Powell, who said the central bank is in no hurry to cut rates amid a strong economy.
Stock market today: Indexes mixed as traders digest wholesale inflation and await Powell's remarks
Traders see another rate in December as likely after consumer and wholesale inflation this week were in line with expectations.
Stock market today: Stocks extend post-election rally as the Fed cuts interest rates
The S&P 500 and the Nasdaq jumped to a fresh record high on Thursday after the Fed delivered a 25 basis point rate cut.