macro

Christopher Waller says a further elevated reading may prompt central bank to tighten policy

Wall Street strategists expect a group of senior academics and former policymakers assembled by Chairman Kevin Warsh to review the Federal Reserve’s $6.7 trillion balance sheet will face a difficult balancing act: shrinking the central bank’s holdings without destabilizing funding markets.

Federal Reserve Governor Christopher Waller said policymakers may need to raise rates in the near term if underlying inflation continues to signal broad price pressures.

Tech stocks skid, bond yields rise as Gulf conflict sends oil surging Reuters

The official data will be released tomorrow, but if past trends continue, the US inflation rate will come in higher than most Americans are used to, but still relatively low. In May, the consumer price index rose 4.2% from a year earlier, while personal consumption expenditures increased 3.4%. To th

Gold and silver tumbled after the US and Iran exchanged fresh strikes over the weekend, sending energy prices higher and once more raising the prospects for interest-rate hikes to combat inflation.

The Federal Reserve’s top bank cop warned the Financial Stability Board against enforcing “strict rules” that are not suitable for a diverse group of countries, saying those efforts can erode the international watchdog’s effectiveness.

The official data will be released tomorrow, but if past trends continue, the US inflation rate will come in higher than most Americans are used to, but still relatively low. In May, the consumer price index rose 4.2% from a year earlier, while personal consumption expenditures increased 3.4%. To th

Gold and silver tumbled after the US and Iran exchanged fresh strikes over the weekend, sending energy prices higher and once more raising the prospects for interest-rate hikes to combat inflation.

Gold declined after the US and Iran exchanged strikes over the weekend, sending energy prices higher and once more raising the prospects for interest-rate hikes to combat inflation.