Federal Reserve

Kevin Warsh‘s hawkish debut as Federal Reserve Chair revived one of the market’s most reliable plays — going long the dollar when the central bank looks ready to hike interest rates. The U.S. Dollar Index – as tracked by the Invesco DB U.S. Dollar Index Bullish Fund (NYSE:UUP) – rose 0....

(Editor’s note: The headline, ETFs and economic data were updated.) U.S. stock futures rose on Thursday, as the Dow Jones, Nasdaq 100, and S&P 500 indices advanced, following Tuesday’s sharp sell-off. Weekly initial jobless claims edged down by 4,000 to a seasonally adjusted 226,000...

Investors assessing the Federal Reserve's decision to keep interest rates steady this week may be suffering from a false sense of security. According to a global macro strategy report authored by Frank Flight at Citadel Securities, the market is severely under-indexing a looming hawkish pivot. The...

President Donald Trump expressed disbelief at the new Federal Reserve Chairman Kevin Warsh’s decision to maintain steady interest rates, a move he had previously criticized. Trump, when asked for comments on the Fed’s decision on Wednesday, said, “It’s all right. Whatever....

Cryptocurrency bettors aren't expecting any change to the Federal Reserve’s policy in July, following the central bank’s unanimous decision to keep the federal funds rate unchanged on Wednesday. Polyamarket Projects Rates To Remain Steady Traders on Polygon (CRYPTO: POL)-based...

Kevin Warsh used his first press conference as Federal Reserve Chair to pledge a decisive fight against inflation, signaling a policy shift few investors had expected. A broad selloff began with the June’s hawkish dot plot, which signaled the committee’s preference for one rate hike...

Editor’s note: This article was updated to add more detail and context. The Federal Reserve unanimously held the federal funds rate steady at 3.50%-3.75% on Wednesday, as widely expected, in the first policy meeting under new Fed Chair Kevin Warsh. The June statement again described inflation...

U.S. stocks traded higher by midday Wednesday, with semiconductor equipment names and small caps leading the tape, as investors held their fire ahead of Kevin Warsh‘s first interest-rate decision as Federal Reserve chair, due at 2 p.m. ET. The Fed is all but certain to hold the funds rate at...

Kevin Warsh's first meeting as Fed chair is widely expected to deliver the same policy outcome markets have grown accustomed to — another pause. But investors are less focused on this week’s rate decision than on something arguably more consequential: how the new chair plans to communicate...

Kevin Warsh makes his debut at the helm of the Federal Reserve on Wednesday, as the central bank wraps a policy meeting with markets broadly expecting rates to stay on hold at 3.50%-3.75%. While all eyes are on what Warsh says in his first press conference — and on how Fed officials reshape the dot...

(Editor’s note: The future prices of benchmark tracking ETFs and the headline were updated in the story.) U.S. stock futures were mixed on Wednesday, as the Dow Jones fell, while the Nasdaq 100 and S&P 500 advanced, following Tuesday’s mixed close. U.S. retail and food services...

(Editor’s note: The lede, headline, futures and economic data were updated.) U.S. stock futures were mixed on Tuesday, as the Dow Jones rose, while the Nasdaq 100 and S&P 500 declined, following Monday’s rally. The Labor Department reported that U.S. import prices advanced 1.9% in...

Newly appointed Federal Reserve Chairman Kevin Warsh is set to make his first significant remarks on inflation, unemployment, and the economic outlook at a press conference on Wednesday. Warsh, who succeeded Jerome Powell a month ago, has been outspoken about the U.S. central bank’s...

Editor’s Note: The future prices of benchmark tracking ETFs, and the headline were updated in the story. U.S. stock futures advanced on Monday, as the Nasdaq 100, S&P 500, and the Dow Jones indices rose, following Friday’s higher close. This follows an announcement of a peace...

An economic crisis may be unfolding across the United States as millions of Americans simply “can’t find jobs,” pushing the number of discouraged workers well beyond 2008 Financial Crisis levels. This metric of shadow unemployment has “surged” by over a million people...