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CHICAGO FED PRESIDENT
US market today: Strong US jobs data complicates any Kevin Warsh push for lower ratesStrong U.S. hiring data in April has diminished the likelihood of Federal Reserve interest rate cuts this year, bolstering the stance of of...
US Stock Market: Fed officials warn Iran War could trigger prolonged inflation shockFederal Reserve officials are increasingly concerned that the U.S.-backed war with Iran is fueling a prolonged inflation shock. Elevated oi...
Global Market Today: Asian stocks rise with optimism over Iran dealAsian markets surged to new peaks. Japanese stocks led the rally. Investors are optimistic as the US and Iran move closer to ending their c...
Gold dips as inflation concerns linger; markets watch US-Iran talksGold prices saw a dip on Monday. Inflation concerns are impacting the US monetary policy outlook. Markets are closely watching US-Iran peac...
Fed's Goolsbee says rate cuts may need to wait until 2027Chicago Federal Reserve President Austan Goolsbee on Tuesday said interest-rate cuts may need to wait until 2027, depending on how long o...
US Stock Market: Wall Street futures climb as traders cling to de-escalation hopes, await earningsU.S. stock index futures rose on Tuesday as traders held onto hopes of a de-escalation in the Middle East conflict, while awaiting March pr...
US stocks today: S&P, Nasdaq rise 1% as investors hold out hope for US-Iran resolutionUS stocks rose as investors weighed Middle East tensions and hopes of a potential resolution in the Iran conflict. Gains in tech stocks lif...
Lessons learned in 70s have made US, world economies less vulnerable to oil shocksThe world economy is experiencing a significant oil price surge reminiscent of the 1970s. However, countries are now better prepared. Decad...
US stocks today: US stocks close mixed, with signs of progress as Trump's Iran deadline draws nearU.S. stocks ended mixed as investors tracked last-minute diplomatic efforts ahead of the Iran deadline to reopen the Strait of Hormuz. Risi...
Gold steady as investors await Trump deadline on Strait of HormuzGold prices held steady as global tensions simmered. Investors are keenly watching a U.S. deadline regarding the Strait of Hormuz, a crucia...
Gold price today: Why are gold rates falling amidst Iran war? Experts predict what to expectGold is widely regarded as a hedge against geopolitical risks and inflation, but because it yields no interest, it tends to be less attract...
US Fed interest rate predictions: Rate hike likely as Iran war leads to higher gas prices, inflation concerns, claims expertU.S Fed rate hike, if it happens, would almost certainly prompt President Donald Trump to lash out at the Federal Reserve, which he has har...
US Fed's Austan Goolsbee, Beth Hammack say inflation is flashing 'orange' or worseFederal Reserve officials Beth Hammack and Austan Goolsbee expressed concern over persistent inflation, rating it orange to red. While Hamm...
Gold falls on firm dollar, fading Fed rate-cut hopesGold prices dropped significantly on Monday. A stronger US dollar and reduced expectations of Federal Reserve interest rate cuts pressured ...
Goolsbee says lowering inflation is US Fed's main jobChicago Fed President Austan Goolsbee emphasized the central bank's priority is reducing inflation, citing a stable job market as evidence....
Fed's Evans sees 'wiggle room' on rate hike timing"I still think that the best choice is middle of 2016 until I see data that are stronger that lead me to have more confidence in inflation,...
- 'Soft rates must stay, for now'
Two regional Federal Reserve Bank presidents, speaking before Friday’s release of a February report on US jobs, said they believe the centr...