Federal Reserve

Jerome Powell used his final press conference as Federal Reserve chair to deliver an unexpected message: he is not leaving the Fed. When his term expires on May 15, Powell plans to remain on the Board of Governors, citing what he called "unprecedented" legal assaults on the central bank — a move...

The Federal Reserve held the benchmark federal funds rate at 3.50-3.75% on Wednesday, in what is widely expected to be Chair Jerome Powell‘s final policy decision before passing leadership to Kevin Warsh on May 15. Governor Stephen Miran again dissented in favor of a quarter-point cut. The...

Later today, Federal Reserve Chair Jerome Powell will hold what is probably the final meeting of his tenure. Yet, with the federal funds rate at 3.5%–3.75%, the final curveball isn’t the pressure from Washington, but a genuine stagflationary dilemma that leaves the central bank with no room...

(Editor’s note: The future prices of benchmark tracking ETFs, the lede, and the headline were updated in the story.) Dow Jones and S&P 500 futures declined, while Nasdaq rose in premarket on Wednesday, following Tuesday’s lower close. New orders for manufactured durable goods in...

Hedge fund billionaire Ken Griffin has questioned whether wealthy individuals truly understand the risks of investing in private credit, warning they may struggle to access their money in a downturn. Griffin, founder of $67 billion hedge fund Citadel and trading firm Citadel Securities, made the...

With inflation heating up, growth holding firm and markets dialing back rate cut bets, the Federal Reserve heads into its April meeting under pressure for what is likely to be Chair Jerome Powell‘s last press conference. Fed funds futures price a 100% probability that the Federal Open Market...

(Editor’s note: The future prices of benchmark tracking ETFs, the lede, and the headline were updated in the story.) Futures of the Dow Jones index advanced, while S&P 500 and Nasdaq 100 fell in premarket on Tuesday following Monday’s mixed close. The White House confirmed that...

Ray Dalio, billionaire investor and the founder of Bridgewater Associates, has issued a warning about potential moves by the Federal Reserve’s likely next chair, Kevin Warsh, to reduce interest rates, given the current state of the U.S. economy. Dalio cautioned on CNBC’s “...

The S&P 500 inched to another record on Monday, rising 0.12% to close at 7,173.91, as investors balanced optimism around earnings against renewed uncertainty over U.S.-Iran peace talks. The Polygon-based (CRYPTO: POL) Polymarket crowd is turning bearish into Tuesday as traders weigh whether...

A new Federal Reserve Chairman has the potential to radically re-shape the way monetary policy is conducted in the U.S.- but, what’s the real story? Revolution at the Fed? A chorus of powerful men is calling for revolution at the Fed. David Malpas, former World Bank president being one of the...

Editor’s Note: The future prices of benchmark tracking ETFs, the lede, the economic data and the headline were updated in the story. The S&P 500 and Nasdaq 100 futures pared losses to advance, whereas Dow Jones futures fell on Monday, following Friday’s mixed close. This week,...

Sen. Thom Tillis (RN.C.) has signaled his approval for the Senate confirmation of Kevin Warsh, the nominee for Federal Reserve chair. Tillis, who had vowed to block any Fed nominee while the Department of Justice investigated Powell, said he has now been assured the case is fully...

On Friday, a paused Justice Department probe into Federal Reserve Chair Jerome Powell drew scrutiny from Democratic lawmakers who warned it could be revived at any time. DOJ Steps Back — But Doesn't Shut The Door In a letter to U.S. Attorney for the District of Columbia Jeanine Pirro, Sens....

Two things are true this morning. Intel just dragged semis into another record run, and Brent crude is still holding above $104 with Gulf output down 57% from pre-war levels. That is the split market: AI leadership is saying risk-on, while energy and inflation are telling the Fed to stay careful....

(Editor’s note: The futures and ETFs data and headline were updated.) U.S. stock futures were mixed on Friday following Thursday's decline, after President Donald Trump announced the extension of the ceasefire between Israel and Lebanon by three weeks. Meanwhile, peace talks between Iran and...