Inflation Is Proving Sticky as Fed Chair Powell Heads to the Hill
US inflation showed scant signs of downward momentum at the start of the year, while healthy job growth undergirded the ...
What Trump is doing to the US government is not a spoils system
We will not know the extent or the success of President Donald Trump’s purge of the federal bureaucracy for some time. There ...
Credit Default Swap: What It Is and How It Works
A credit default swap is insurance against the possibility of default. Learn about their role in the financial crisis of 2007 ...
PBS1d
Chicago Fed president on what the new jobs report says about the economy
The new jobs report shows the pace of hiring slowed slightly in January with the economy adding 143,000 jobs. The report also ...
Why the Job Market Is Giving the Fed Cover to Extend a Pause on Rate Cuts
The central bank is grappling with how quickly to lower interest rates after pausing cuts last month.
Trump is focused on lowering bond yields, not fighting the Fed, Treasury chief says
The Trump administration isn't looking to clash with the Federal Reserve over interest rates, Treasury Secretary Scott ...
Market Expectations, The Federal Reserve, And Trump 2.0
Fed’s hawkish stance and potential reduction in rate cuts for 2025 have unsettled markets. Read more on market expectations, ...
Bessent's Focus on 10-Year US Treasury Yield May Let Fed off the Hook
WASHINGTON (Reuters) - The Trump administration's emerging focus on long-term Treasury bond yields may show growing ...
Bessent says Trump is focused on the 10-year Treasury yield and won't push the Fed to cut rates
The Trump administration is more focused on keeping Treasury yields low rather than on what the Fed does, Treasury Secretary ...
Put A Lid On It: The Sanders-Hawley Bill Wants To Cap Credit Card Rates. Here’s What You Need To Know
A political odd couple is joining forces to lower credit card interest rates. Sen. Bernie Sanders (I-Vt.) and Sen. Josh ...
Here's what really happened to the U.S. jobs market in 2024. Hint: It zig-zagged.
A forensic examination of the U.S. labor market pretty much tells us what we knew along: Hiring was go, slow, and go again.
Donald Trump is just one of the Fed’s problems
Federal Reserve Chair Jerome H. Powell faces four challenges at once, all of them daunting.