Fed’s Collins Says December Rate Cut Still on the Table

(Bloomberg) -- Federal Reserve Bank of Boston President Susan Collins said a December interest-rate cut remains on the table, emphasizing the central bank’s decision will be guided by incoming data.Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesZimbabwe City of 700,000 at Risk of Running Dry by Year-EndSaudi Neom Gets $3 Billion Loan Guarantee From Italy Export Credit Agency SaceThe Urban-Rural Divide Over Highway Expansion and Emissions“I do see the policy stan

Gas and Grocery Bills Spike: Trump’s Policy to Blame?

There is every reason to be thankful for the Harris no-go last week, but also absolutely no case to get giddy about the prospects for a second Trumpian term, either. At best, what lies ahead is a...

October retail sales top estimates, September spending revised sharply higher

October's retail sales report will be closely watched by investors for signs that the US economy remains on solid footing as the Federal Reserve begins to cut interest rates.

Trump, tariffs, and one unpredictable economy in 2025

‘Rates Will Be a Lot Lower’ in 12-18 Months, Fed’s Goolsbee Says

(Bloomberg) -- Federal Reserve Bank of Chicago Austan Goolsbee said as long as inflation continues down toward the central bank’s 2% goal, interest rates will be “a lot” lower over the next 12-18 months. Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesZimbabwe City of 700,000 at Risk of Running Dry by Year-EndSaudi Neom Gets $3 Billion Loan Guarantee From Italy Export Credit Agency SaceThe Urban-Rural Divide Over Highway Expansion and EmissionsBut Goolsbee agreed

Fed's Collins says tech changes can improve financial system

Federal Reserve Bank of Boston President Susan Collins said Friday the U.S. central bank needs to keep a close watch on technological developments in the financial system. “We must all be attuned to the very real risks and challenges” resulting from technical innovations, Collins said in the text of a speech for an event at her bank. “The optimist sees potential for a virtuous cycle, with the financial system benefiting from technological advances enabled by innovations, and adapting to changes in the economy – while a more efficient financial system, in turn, can boost economic growth,” she said.

Debate Over Debt: Is the US Truly on the Brink of a Fiscal Crisis?

Paul Tudor Jones recently voiced concerns that rising US deficits and debt and increasing interest rates could lead to a fiscal crisis. His perspective reflects the long-standing fear that sustained...

Weekly Economic Outlook: PMIs and CPI to Shape Trading Opportunities

Almighty dollar awaits PMIs for more signs of Fed cut delays. Eurozone PMIs also on tap amid speculation of a bigger cut by the ECB. The Pound could benefit from data pointing to a rebound in...

Citadel Securities’ Inflation Head Says Tariffs No Worry for Fed

(Bloomberg) -- Citadel Securities’ Durham Abric says the Federal Reserve’s interest-rate path probably will be uninterrupted by the incoming Trump administration’s protectionist posture.Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesZimbabwe City of 700,000 at Risk of Running Dry by Year-EndSaudi Neom Gets $3 Billion Loan Guarantee From Italy Export Credit Agency SaceThe Urban-Rural Divide Over Highway Expansion and Emissions“The Fed is likely to look past the i

Wall Street Weighs Risks: How Will You Prepare for Potential Volatility?

US stocks set for weekly loss as Powell adds to Fed’s hawkish soundbite. But the dollar is unable to hit fresh highs; US retail sales are eyed next. Yen firms after the verbal intervention; the euro...