Spencer Platt / Getty Images) Consumer prices have been climbing, and more evidence of that could reduce the likelihood that the Federal Reserve will continue cutting interest rates. Key Takeaways A key inflation report due Friday has gained new significance after a string of economic data shifted the outlook for a Fed rate cut. Several reports showed the economy is stronger than experts thought amid tariff pressures, potentially reducing the urgency for the Fed to cut rates. A hotter-than-expected i ...

Joining me now is the Wall Street Journal's chief economics correspondent, Nick Timmeros. It's great to have you back. Nice to see you.Thanks for having me, Scott. Seems like Mr. . Griffin is aligned with many on on the Fed right now.Maybe you'll get one. But there seems to be caution expressed by many of the Fed speakers we've heard this week, including today Austin Goulby said, quote, "I'm just a little uneasy with too much frontloading until we're sure that inflation is is coming down." Yeah, that's righ ...

The stock market has notched a remarkable recovery from its early-April lows, delivering healthy double-digit returns in the wake of mounting optimism that stimulus from the One Big Beautiful Bill Act and Fed interest rate cuts offset tariff headwinds. Major market returns since April 8 lows: S&P 500: 32.7% Nasdaq: 46.7% Dow Jones Industrial Average: 22.4% The rally has lifted the major market averages, including the S&P 500 benchmark index, to all-time highs in September, frustrating many bears who ...

Is it something I mean the Fed is is responding to it. They cut interest rates for the first time this year. Do you expect more cuts.So I you know I think the Fed Fed is nervous about the labor market because we did see this decline in number of jobs being created and in terms of balance of risks they chose to focus on the unemployment side rather than on the inflation side. Do you agree with that. I I I think that 25 basis points really isn't going to change a thing.So whether I agree with it or not is is ...

So, do you worry that the Fed will get it wrong. I mean, he he's got some appointments to fill and he and he wants lower interest rates. The president he wants lower interest rates and and I got to tell you, if I were the president, I would let the Fed do their job and I would let the Fed have as much perceived and real independence as possible because the Fed often has to make choices that are pretty painful to make. And if the president's perceived as being in control of the Fed, then what happens when th ...

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Sen. Elizabeth Warren (D-Mass.) placed the blame for surging goods prices in the U.S. squarely on President Donald Trump’s trade and tariff policies. ‘Chaotic Tariff Policies’ To Blame On Wednesday, in a post on X, Warren said that she doesn’t always agree with Federal Reserve Chair Jerome Powell, but “he is right,” she said, on his post-Federal Open Market Committee meeting remarks when he blamed price i ...

The U.S. economy expanded at a much faster pace than initially estimated last quarter, according to new Commerce Department data released Thursday. Gross domestic product grew at a 3.8% annual rate in the April–June period, topping both the government’s previous 3.3% estimate and the initial 3% reading. It was the strongest showing since the fall of 2023, underscoring the economy’s resilience despite high borrowing costs and persistent inflation. It comes amid a flurry of revisions of major economic dat ...

Key TakeawaysU.S. mortgage rates have reversed course, climbing after a period of steady declines, with the 30-year Freddie Mac fixed rate reaching 6.30% this week.Federal Reserve officials, including Austan Goolsbee, are exercising caution on further rate cuts, warning that premature easing could risk persistent inflation, despite a stable but mildly cooling labor market.Goldman Sachs (GS) President John Waldron indicates that trade is a limiting factor for growth, predicting the U.S. economy will grow les ...

Bitcoin has been hovering above$111,000  a day ahead of new U.S. inflation data that will play a big role in determining whether the Federal Open Markets Committee lowers interest rates for a second time  in 2025. Three analysts with whom Decrypt spoke differ about how the largest asset by market capitalization might respond.  Bitcoin was recently changing hands at $111,336, down 1.8% over the past 24 hours and 5.4% since this time last week, according to crypto price aggregator CoinGecko. The BTC price ...

The Fed cut the policy rate during the last meeting and pre-committed to another two cuts until the end of 2025. This came despite inflation being above the target for yearsAnalyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business r ...