Traders now see next Fed interest rate move as a hike following inflation surge
The fed funds futures market is pricing in an increase as soon as December.
Read more …
Inflation rate projected to hit 6% in the second quarter, top economic forecasters say
The recent surge in inflation is likely to get worse over the next several months, according to a survey Friday.
Read more …
GOP Fears Economic Disconnect Threatens Midterms
Republicans are increasingly worried their once-strong chances of holding the House are fading as President Donald Trump's focus on the war in Iran and White House construction projects overshadows growing voter frustration over the economy.
Read more …
Bond market believes Fed behind the curve on inflation as Warsh takes over
Bond traders are hoping that the central bank's easing bias is replaced with a skewed view toward tightening.
Read more …
Americans still feel pessimistic about the economy. When will it get better?
U.S. consumer sentiment has been on a downward trend since the Covid pandemic. Inflation, wars and Trump's tariffs are to blame, economists say.
Read more …
Bessent sees 'substantial disinflation' ahead as Warsh takes over the Fed
Bessent said the energy-fed inflation surge recently is likely to reverse as the U.S. is "going to keep pumping."
Read more …