News

Retroactive Red State Rate Cuts And Backdated Blue State Tax Hikes
Taxpayers won’t have many complaints about the retroactive tax cuts that took effect this week, but the retroactive tax hikes ...
Fed Chair Powell resists Trump pressure, will wait on rate cuts amid tariff uncertainty
The Fed Chair on Tuesday reiterated the central bank plans to "wait and learn more" about the impact of tariffs on inflation ...
Trump tariffs have delayed interest rate cuts, Federal Reserve Chair Jerome Powell says
Federal Reserve Chief Jerome Powell said it is premature to lower interest rates, citing the potential impact of tariffs.
Despite Pressure From Trump, Powell Remains Patient on Rate Cuts
Jerome H. Powell, the chair of the Federal Reserve, defended on Tuesday the central bank’s wait-and-see approach to cutting ...
The wrong kind of Fed rate cuts are coming, says JPMorgan. What that means for stocks, bonds and the dollar.
The market is getting increasingly excited about the possibility of interest-rate cuts from the Federal Reserve, but London-based strategists at JPMorgan say the reasons behind the reductions are not ...
The Fed's Interest Rate Cuts Foreshadowed the Recent Stock Market Correction. Here's What Might Happen Next.
Now, with the most recent CPI reading (for May 2025) coming in at an annualized rate of just 2.4%, the Fed has penciled in ...
Philippine annual inflation quickens slightly, but no bar to more rate cuts
By Mikhail Flores and Karen Lema MANILA (Reuters) -Philippine annual inflation quickened slightly in June, driven by ...
Australian Household Spending Jumps Suddenly on Rate-Cuts Boost
SYDNEY--Australian consumer demand showed signs of life in May as the impact of interest-rate cuts over recent months drove a jump in spending. Household spending rose 0.9% in May, the Australian ...