KPMG’s chief economist says that if stagflation strikes, the only clear way out of the Iran war for some foreign countries is a ‘deep recession’
Stagflation risks have risen globally as Iran-war-driven inflation has mixed with sluggish economic growth.
3 min read
Markets are starting to price in a Fed rate hike. Goldman details 4 reasons why investors are jumping the gun.
As momentum builds for a Fed rate hike, Goldman Sachs is sticking with its forecast of two rate cuts this year.
3 min read
BofA isn’t ruling out a rate hike this year, and says it would take 3 things for that to happen
Markets are recalibrating expectations for Fed rate cuts. BofA says the Fed could possibly hike rates if three conditions are met.
3 min read
Nobel economist Paul Krugman says stagflation risk is rising, even after the Fed dismisses it
Economist Paul Krugman warned of rising stagflation risk in the US, clashing with Fed Chair Jerome Powell’s latest assessment of economic conditions.
3 min read
3 big takeaways from the Fed’s March meeting
Inflation and steep oil prices were headlines at the Fed’s March meeting. Powell hinted he may remain on the FOMC after his term as chair.
3 min read
Fed meeting recap: FOMC holds rates steady as oil prices soar
The Federal Reserve held interest rates steady at its March meeting, following a dismal jobs report and an energy and oil crisis in Iran.
19 min read
The Fed is likely to hold rates steady with volatile oil prices and poor US jobs performance
Jerome Powell and the Federal Open Market Committee will make its March interest rate decision on Wednesday, a likely hold.
6 min read
Judge squashes Justice Department’s subpoenas targeting Fed Chair Jerome Powell, citing ‘zero evidence’
A judge wrote that “a mountain of evidence” suggested the subpoenas were used to pressure Powell “into voting for lower interest rates or resigning.”
3 min read
Kalshi may be more useful than some traditional economic forecasting methods, Fed researchers find
The Fed paper found that Kalshi’s markets provide data that’s “valuable to both researchers and policymakers.”
2 min read
Trump’s top economic advisor says Fed researchers should be punished for their recent views on tariffs
Kevin Hassett said Fed researchers should be disciplined for their views on tariffs, sparking fresh concern from commentators about Fed independence.
3 min read
Gold bugs are going wild over a call for the metal’s price to more than double. Here’s what’s behind the viral forecast.
A thesis that says financial conditions point to $12,595 for an ounce of gold was making the rounds on social media on Tuesday.
3 min read
‘Pouring gasoline on a bonfire’: Veteran investor George Noble says metal traders read the Kevin Warsh nomination all wrong
Longtime fund manager George Noble said the Fed under Kevin Warsh will keep fueling the forces that have boosted gold in the last year.
2 min read
Why JPMorgan says gold prices can recover and surge 34% by the end of the year
The shocking volatility in metal markets last week hasn’t deterred JPMorgan from its bullish call for gold to hit $6,300 this year.
3 min read
5 market pros outline why investors shouldn’t buy the dip in gold and silver after their epic crash
Gold and silver crashed on Friday, but analysts caution that the dramatic declines might not be a moment to buy the dip in the precious metals.
3 min read
What Fed nominee Kevin Warsh’s former colleagues told us about his leadership style
Kevin Warsh, Trump’s pick for Fed chair, is a good listener who seeks consensus, former colleagues say. That could shape how he would run the Fed.
5 min read
What smart people in economics and business are saying about Kevin Warsh’s nomination as Fed chair
Reactions are already pouring in from prominent economists and business leaders about President Donald Trump nominating Kevin Warsh.
6 min read
A top economist says Kevin Warsh is a ‘reasonable’ choice for Fed chair, but his legacy hinges on one key issue
A top economist says Kevin Warsh is a solid choice for Fed chair — but his legacy will depend on keeping politics out of interest rate decisions.
2 min read
How the decline of economic data could end up with a lot of unemployed Americans
The quality and availability of economic data is declining. That could lead to a lot more unemployed Americans and increase the chance of recession.
12 min read
3 takeaways for markets as Kevin Warsh gets teed up as the next Fed boss
How Warsh will go about leading the Fed remains to be seen. For now, here are a few takeaways for investors to chew on.
4 min read
The Jerome Powell-sized problem standing in the way of Kevin Warsh’s Fed confirmation
A key GOP senator is vowing to oppose Warsh’s nomination until the DOJ probe into Fed Chair Jerome Powell is resolved. Here’s why that’s a big deal.
3 min read