The market may be trading around record highs, but the Verdence Capital Advisors CIO is worried trouble is lurking. Megan Horneman, who oversees $4.1 billion in assets under management, thinks there’s too much complacency around the Aug. 1 U.S. trade deadline. “This market is pricing in the perfect situation,” she told CNBC’s “Fast Money” on…
President Donald Trump on Tuesday continued his barrage of criticism against the Federal Reserve but seemed to take a step back from any lingering plans to fire Chair Jerome Powell. “I think he’s done a bad job, but he’s going to be out pretty soon anyway,” Trump told reporters during a White House exchange. “Eight…
Construction on the Marriner S. Eccles Federal Reserve building in Washington, DC, US, on Wednesday, June 25, 2025. Al Drago | Bloomberg | Getty Images The Federal Reserve has brought in its inspector general to review a building expansion that has drawn fire from the White House, according to a source familiar with the issue….
Federal Reserve officials diverged at their June meeting about how aggressively they would be willing to cut interest rates, split between concerns over tariff-fueled inflation and signs of labor market weakness and economic strength. Minutes from the June 17-18 meeting released Wednesday showed that policymakers largely held to a wait-and-see position on future rate moves….
The silhouette of a pedestrian is seen walking past the Marriner S. Eccles Federal Reserve building in Washington, D.C Andrew Harrer | Bloomberg | Getty Images If leading the Federal Reserve isn’t challenging enough, the next central bank chair faces an additional burden: credibility issues now that President Donald Trump has stepped up efforts to…
Investors may want to consider bracing for a weaker stock market performance over the next six months. According to Vanguard’s Roger Hallam, it’s prudent for long-term investors to have sufficient exposure to fixed income in this environment. “Our outlook for the second half of this year is that growth will slow,” the firm’s global head…
Federal Reserve Chairman Jerome Powell testifies before the Senate Committee on Banking, Housing, and Urban Affairs during a hearing to “examine the Semiannual Monetary Policy Report to the Congress” on Captiol Hill on June 25, 2025 in Washington, DC. Kent Nishimura | Getty Images Federal Reserve Chair Jerome Powell mostly breezed through two hearings on…
[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chair Jerome Powell is back Wednesday on Capitol Hill, this time speaking to the Senate banking committee as part of his semiannual monetary policy testimony. In his remarks…
Federal Reserve Chairman Jerome Powell speaks at a news conference on June 18, 2025, in Washington DC, United States. Yasin Ozturk | Anadolu | Getty Images Federal Reserve Chair Jerome Powell heads to Capitol Hill this week, facing increasing pressure both from outside and inside the central bank to start the push for lower interest…
Federal Reserve Governor Christopher Waller said Friday that he doesn’t expect tariffs to boost inflation significantly so policymakers should be looking to lower interest rates as early as next month. In a CNBC interview, the central banker said he and his colleagues should move slowly but start to ease as inflation is not posing a…
