These days, everyone's on pins and needles when it comes to the economy, the labor market, the state of inflation, the next Fed chair. Where we go in 2026. Uh, I want to bring in now someone who's very central to all of that.The Fed Reserve Board Governor Steven Myron. And Stephen, we got to start with this CPI number yesterday. Uh, you people went nuts.They lost their minds. Of course, I've been questioning this government data for about four or five years, and everyone said, "Don't worry, it's the gold st ...

Upbeat comments today from New York Fed President John Williams were supportive for stocks but negative for bonds, as he said some of the data we're seeing is "pretty encouraging" and he sees no sign of a sharp deterioration in the jobs data. He added that he sees US GDP growth of 1.5% to 1.75% this year, with growth picking up next year, and that there's "no urgency to need to act further on monetary policy right now, because I think the cuts we've made have positioned us really well."The University of Mic ...

The three candidates interviewed by President Donald Trump so far to replace Federal Reserve Chair Jerome Powell next May share a desire to cut interest rates, but diverge on other aspects of monetary policy and come from different backgrounds. ...

With the skepticism surrounding the inflation data, what should you do with your money. Do you go all in on stocks. Do you proceed with some more caution.Let's ask Rebecca Patterson, independent director at Vanguard and the former chief investment strategist at Bridgewwater. Great to see you first of all. >> Good to see you.>> Do do you I hate to put it quite this way. Do you care about the the vagaries of whether this report is reliable or not. Can you can you wait it out.Do you look to the market reaction ...

Bitcoin (BTC) held steady near $88,000 on Thursday after a volatile session that saw prices briefly surge toward $90,000, fueled by optimism that U.S. President Donald Trump’s incoming Federal Reserve Chair will push for steep rate cuts. Trump said he plans to appoint a new Fed Chair who believes in lowering interest rates “by a lot.” “I’ll soon announce our next chairman of the Federal Reserve, someone who believes in lower interest rates by a lot,” Trump said in a speech Wednesday. “Early in the new yea ...

“[Tuesday’s] data paints a picture of an economy catching its breath,” said Gina Bolvin, president of Bolvin Wealth Management Group. “Job growth is holding on, but cracks are forming. Consumers are still standing, but not sprinting.”The U.S. Labor Department’s report on Tuesday showed that nonfarm payrolls rose by +64K in November after declining by -105K in October. At the same time, the U.S. unemployment rate rose to a 4-year high of 4.6% in November, weaker than expectations of 4.5%. Also, U.S. November ...

U.S. stock index futures inched higher on Wednesday as investors awaited more economic data to gauge the path for monetary policy and monitored geopolitical tensions in Venezuela that sent oil prices higher. ...

Hong Kong stocks rebounded from a three-week low in a late rally on Wednesday, as traders weighed the prospects of monetary easing after a mixed reading on the US payroll report. The Hang Seng Index rose 0.9 per cent to 25,468.78 at the close after swinging between gains and losses during most of the day's trading. The Hang Seng Tech Index gained 1 per cent. On the mainland, the CSI 300 Index climbed 1.8 per cent and the Shanghai Composite Index added 1.2 per cent. Do you have questions about the bigge ...

Meanwhile, U.S. rate futures have priced in a 73.4% chance of no rate change and a 26.6% chance of a 25 basis point rate cut at the conclusion of the Fed’s January meeting.Fed Governor Stephen Miran said on Monday that the central bank’s policy stance remains overly restrictive for the economy, citing his benign inflation outlook and warning signs in the job market. Also, New York Fed President John Williams said monetary policy is well-positioned for next year following last week’s rate cut. “The FOMC has ...

Gold prices slipped in early trading as investors booked profits ahead of key U.S. data that could provide cues on the Federal Reserve's policy path next year.Futures in New York fell 0.7% to $4,305 a troy ounce, though prices remain near October's record highs supported by expectations of further easing and sustained investor demand.New York Fed President John Williams this week struck a balanced tone in his remarks following the Federal Open Market Committee decision, saying monetary policy is well placed ...