Housing Market Faces Challenges Amid Fed Interest Rate Decisions
Recent data indicates a further decline in the housing market as the Federal Reserve considers raisi…
Fed
US Fiscal Deficit Reaches Nearly $2 Trillion in 2026
The US fiscal deficit grew by $217 billion, totaling approximately $2 trillion in the 2026 fiscal ye…
Gold Prices Fall as Dollar Strengthens Following US Inflation Data
On October 14, gold futures closed down amid a stronger dollar and high Treasury yields, influenced …
One Third of Fed Districts Report Inflation Acceleration, Says Beige Book
The Federal Reserve's Beige Book indicates that one third of its districts experienced an accelerati…
Federal Reserve Releases 2025 Survey of Consumer Finances Results
The Federal Reserve has published the findings from the 2025 Survey of Consumer Finances, offering i…
Federal Reserve Takes Enforcement Action Against American Express for Anti-Money Laundering Failures
The Federal Reserve Board has initiated enforcement actions against American Express Company due to …
Fed's Musalem Advocates for Tighter Monetary Policy to Control Inflation
Alberto Musalem, President of the St. Louis Federal Reserve, emphasized the need for a more restrict…
Inflation Outlook Rises in Federal Reserve Survey
The New York Federal Reserve's latest Survey of Consumer Expectations shows that the median inflatio…
Fed Members Anticipate Another Interest Rate Hike by Year-End
Minutes from the Federal Open Market Committee's recent meeting reveal that a majority of members be…
Federal Reserve Releases Minutes from September 2026 Meeting
The Federal Reserve has published the minutes from its Federal Open Market Committee meeting held on…
DoJ Will Not Reopen Investigation into Jerome Powell
The U.S. Department of Justice has decided not to reopen a criminal investigation into former Federa…
Nasdaq Nears Record High Amid Weak U.S. Jobs Data
U.S. stock markets closed higher on Friday, October 2, with the Nasdaq approaching a record closing …
Core Inflation Rises 3.0% in August, Lower Than Expectations
The Federal Reserve's preferred inflation measure, the personal consumption expenditures price index…
U.S. Job Growth Slows in September, Unemployment Rate Rises
The U.S. economy added only 29,000 jobs in September, significantly lower than the expected 84,000, …
US Job Growth Slows to 29,000 in September as Unemployment Rises to 4.2%
In September, the US economy added only 29,000 jobs, falling short of expectations and indicating a …
Roberto Perli of New York Fed Affirms Effectiveness of Monetary Policy Tools
Roberto Perli, an official at the Federal Reserve Bank of New York, stated that the tools used for m…
U.S. Stock Markets Decline Amid Rising Oil Prices and Long-Term Treasury Yields
U.S. stock markets saw significant declines as long-term Treasury yields reached their highest level…
Fed's Michael Barr Suggests Further Monetary Tightening May Be Needed
Michael Barr, a director at the Federal Reserve, indicated that additional monetary tightening might…