Trump advisers discussed demoting a Fed official — and it’s not Powell Trump advisers have discussed demoting Fed board member Michael Barr from his job running bank supervision to have a more immediate influence on the Fed. 10/21/2024 - 8:09 am | View Link
Hard or Soft? Does the economic data still mean what we think it does? Maybe not, says John Mauldin. Plus a way you can help hurricane victims. 10/11/2024 - 9:42 am | View Link
US economy added 254K jobs in September, well above expectations FED'S POWELL: POLICYMAKERS NOTED ‘ARTIFICIALLY HIGH’ JOBS DATA, REVISIONS IN RATE CUT DECISION Private sector payrolls grew faster than LSEG economists' expectations, with 223,000 jobs added ... 10/4/2024 - 1:32 am | View Link
Fed Chair Jerome Powell’s next rate cuts will be much smaller That’s close to the Fed’s goal of 2%, but there’s a catch. Core inflation (excluding volatile items like gas and groceries) is still running at 2.7%. Core inflation matters more because it reflects ... 09/30/2024 - 9:47 am | View Link
A 'Roaring '20s' economy is becoming more likely as bullish factors stack up, UBS says "With the mid-point of the 2020s only three months away, and the final stage of the post-pandemic normalization underway with the start of Fed rate cuts, it's no longer too soon nor too optimistic ... 09/30/2024 - 4:39 am | View Link