macro
Alexandra Wilson-Elizondo, Goldman Sachs Global Co-Head of Multi Asset Solutions, is preaching due diligence on investing in the AI boom with the uncertainty on ROI, coupled with the most recent rate decision from the Fed. She speaks to Romaine Bostick and Emily Graffeo on Bloomberg's 'The Close.' (
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MPC signals it could still lift borrowing costs if Middle East war hostilities lead to more persistent inflation
Long-term Treasury yields retained most of the surge unleashed by this week’s Federal Reserve rate decision after a raft of US economic data showed still-elevated inflation and labor-market resilience.
Federal Reserve Board issues enforcement action with Iuka Bancshares, Inc. and The Iuka State Bank
Federal Reserve Board issues enforcement actions with former employee of Regions Bank and former employee of First Interstate Bank
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Gold gains on softer dollar as markets assess Fed stance, Middle East tensions Reuters
Federal Reserve Chair Kevin Warsh kicked off his second post-decision press conference with a familiar refrain: Inflation has been running above the central bank’s 2% objective for too long, and he’s resolute about fixing it. “You’ve heard this before, but we will deliver price stability,” he said.
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Decision comes against backdrop of renewed volatility in energy prices
The message from the bond market was clear: For all of Federal Reserve Chairman Kevin Warsh’s tough talk about taming inflation, he’s not rushing fast enough to deliver.
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The Fed is a player, not a referee