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Federal Reserve Bank

Jamie Dimon warns that inflation, wars and Fed policy pose major threats ahead

by Adrian Jhonsan
Jamie Dimon warns that inflation, wars and Fed policy pose major threats ahead

JPMorgan Chase CEO and Chairman Jamie Dimon gestures as he speaks during the U.S. Senate Banking, Housing and Urban Affairs Committee oversight hearing on Wall Street firms, on Capitol Hill …

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Cash savers still have an opportunity to beat inflation. Here’s how

by Adrian Jhonsan
Cash savers still have an opportunity to beat inflation. Here’s how

Riska | E+ | Getty Images It may be a while longer before the Federal Reserve lowers interest rates, experts now say. That means savers can still earn the best …

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Wednesday’s report expected to show little progress against inflation

by Adrian Jhonsan
Wednesday’s report expected to show little progress against inflation

Gas prices are displayed at a gas station on March 12, 2024 in Chicago, Illinois.  Scott Olson | Getty Images A closely watched Labor Department report due Wednesday is expected …

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Gold prices look ‘very vulnerable’ to a setback, strategist says

by Adrian Jhonsan
Gold prices look ‘very vulnerable’ to a setback, strategist says

An employee handles one kilogram gold bullions at the YLG Bullion International Co. headquarters in Bangkok, Thailand, on Friday, Dec. 22, 2023.  Chalinee Thirasupa | Bloomberg | Getty Images Gold …

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Fed Governor Bowman says additional rate hike could be needed if inflation stays high

by Adrian Jhonsan
Fed Governor Bowman says additional rate hike could be needed if inflation stays high

US Federal Reserve Governor Michelle Bowman attends a “Fed Listens” event at the Federal Reserve headquarters in Washington, DC, on October 4, 2019.  Eric Baradat | AFP | Getty Images …

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Fed’s Powell emphasizes need for more evidence that inflation is easing before cutting rates

by Adrian Jhonsan
Fed’s Powell emphasizes need for more evidence that inflation is easing before cutting rates

Jerome Powell, chairman of the US Federal Reserve, during a Fed Listens event in Washington, DC, US, on Friday, March 22, 2024. A trio of central bank decisions this week …

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Fed’s Mester still expects rate cuts this year, but rules out May

by Adrian Jhonsan
Fed’s Mester still expects rate cuts this year, but rules out May

Cleveland Federal Reserve President Loretta Mester said Tuesday she still expects interest rate cuts this year, but ruled out the next policy meeting in May. Mester also indicated that the …

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Fed must cut rates more aggressively due to jobs: Canaccord Tony Dwyer

by Adrian Jhonsan
Fed must cut rates more aggressively due to jobs: Canaccord Tony Dwyer

The Federal Reserve may have new incentives in the second quarter to cut rates deeper this year. Canaccord Genuity’s Tony Dwyer thinks a deteriorating jobs market and easing inflation will …

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Don’t sweat the prospect of no Fed rate cuts, economist says

by Adrian Jhonsan
Don’t sweat the prospect of no Fed rate cuts, economist says

Federal Reserve Bank Chair Jerome Powell speaks during a news conference at the bank’s William McChesney Martin building on March 20, 2024 in Washington, DC. Chip Somodevilla | Getty Images …

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Vanguard doesn’t believe the Fed will cut interest rates this year

by Adrian Jhonsan
Vanguard doesn’t believe the Fed will cut interest rates this year

Vanguard doesn’t expect the Federal Reserve to cut interest rates this year, defying the view from Fed officials that the central bank remains on track to reduce rates three times …

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