Dollar steady but set for weekly drop on fading rate hike bets
The dollar held steady on Friday but was poised for a weekly decline as a tame U.S. inflation report this week led traders
July 17, 2026The dollar held steady on Friday but was poised for a weekly decline as a tame U.S. inflation report this week led traders
July 17, 2026
Federal Reserve Vice Chair Philip Jefferson on Thursday suggested he would be open to raising interest rates if there is no near-term
July 17, 2026
The dollar clung to gains against major peers on
July 16, 2026
Inflation is proving persistent across a broad range of goods and services, and remains the focus of monetary policy given a stable labor market,
July 16, 2026
A former senior adviser to the U.S.
July 16, 2026
Federal Reserve Chairman Kevin Warsh this week declared his determination to bring inflation down without hinting at how, even as colleagues publicly laid out their
July 16, 2026
Federal Reserve policymakers preparing for their next policy meeting in two weeks got a fresh snapshot on Wednesday of a broadly improving economy, with employment on
July 16, 2026
Federal Reserve Chair Kevin Warsh on Wednesday sought to evade a range of questions from senators on issues such as the impact of AI on inflation, what contacts he has had with President Donald Trump, and how the central bank will determine the persistence of inflation
July 15, 2026
U.S.
July 15, 2026
Money market funds are taking a more cautious approach in their portfolios, reflecting lingering uncertainty about the U.S.
July 15, 2026
U.S. producer prices unexpectedly fell in June, posting their biggest decline in 14 months amid a pullback in the cost of energy products, further
July 15, 2026
Federal Reserve Chairman Kevin Warsh said the Fed will continue to set interest rates without considering politics during his first congressional testimony on Tuesday. Democratic Rep. Nydia Velázquez of New York asked the new Fed leader if he works for Trump, to which he responded: “We’re an independent central bank.” He reiterated that view in an exchange with Democratic Rep. Gregory Meeks of New York, who pressed Warsh on how he would respond if Trump “publicly pressures you to pursue a different course” than that warranted by economic data.
July 15, 2026
While inflation is "unquestionably too high," there are reasons to believe it may have crested and should soon start subsiding, and U.S. monetary policy is
July 15, 2026
The U.S.
July 15, 2026
Top Federal Reserve officials on Tuesday welcomed fresh data showing consumer price inflation cooled last month, but said they would need more such readings to feel
July 15, 2026
MSCI's global equities index rose on Tuesday after softer-than-expected U.S. inflation data and strong bank earnings, while oil
July 14, 2026
The S&P 500 and the Nasdaq opened higher on Tuesday after softer-than-expected inflation data fueled bets that the Federal Reserve could take a less hawkish stance on interest
July 14, 2026
The way the Federal Reserve has conducted U.S. interest rate policy for almost two decades is up for review by one of the task forces
July 14, 2026
Federal Reserve Chairman Kevin Warsh on Tuesday said he is just as committed to the Fed's employment mandate as he is to the inflation mandate that he has repeatedly emphasized
July 14, 2026
U.S. inflation cooled last month as the cost of gas, clothes, and used cars fell, providing some relief to consumers, while underlying price pressures also slowed more than expected
July 14, 2026
U.S. consumer inflation slowed more than expected in June as energy prices retreated, but the moderation was insufficient to convince financial
July 14, 2026
U.S. bank regulators should not set capital requirements in an artificially high way, JPMorgan Chase CEO Jamie Dimon said Tuesday, intensifying his
July 14, 2026
U.S.
July 14, 2026
Federal Reserve Chair Kevin Warsh pledged to make high inflation “a thing of the past” in his first congressional testimony Tuesday, yet provided no signal about the central bank’s next steps
July 14, 2026