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Trump Rips Jerome Powell Over Rates, But Supreme Court Shields Fed From Firing
Thursday, June 12, 2025 - 3:24pm | 430President Donald Trump escalated his criticism of Jerome Powell on Thursday, blaming the Federal Reserve chief's rate stance for higher U.S. debt costs. According to USA Today, Trump said higher interest payments were the result of "one numbskull," a reference to Powell, and accused him of ignoring...
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Economists Send Urgent Warning After Dollar Hits 2 Year Low
Thursday, June 12, 2025 - 10:44am | 762The greenback hasn’t been this weak in over two years, as mounting evidence of disinflation and cracks in the labor market stripped away its appeal, prompting a louder call from economists for the Federal Reserve to cut interest rates. The U.S. dollar index—a trade-weighted gauge measuring...
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Inflation Resumes Climb In May, But Tariffs Have Yet To Hit Consumers
Wednesday, June 11, 2025 - 8:45am | 491Inflation resumed its climb in May, snapping a four-month streak of easing price pressures, yet rising input costs from tariffs failed to significantly spill into consumer prices. The annual rate of increase in the Consumer Price Index (CPI) was 2.4% last month, marking a slight acceleration...
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As Trump Flames Powell For Holding Back On Rate Cuts, Economists Divided On Fed's Approach
Monday, June 9, 2025 - 5:50am | 756After a steady May jobs report that was released Friday, economists are at a crossroads about their view on the monetary policy. While some believe that the Federal Reserve should hold onto its “wait and see” stance, others affirm that the central bank can start cutting interest rates....
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Debt Ceiling: How The Fed Fuels Washington's Spending Spree, 'Ending It Is Probably A Good Thing,' Says Expert
Thursday, June 5, 2025 - 6:28am | 658Economist Craig Shapiro argues that the debt ceiling, a mechanism only used by the U.S. and Denmark, fails to curb excessive government spending and instead creates political theater every few years. What Happened: Shapiro, who is a macro strategist at the Bear Traps Report highlights the Federal...
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Federal Reserve's Preferred Inflation Gauge Falls To 2025 Low, But Jerome Powell Maintains 'Wait-And-See' Stance Amid Tariff Uncertainty
Monday, June 2, 2025 - 8:41am | 726April’s Personal Consumption Expenditures data presented a complex picture for Jerome Powell, with economists suggesting the persistent cloud of tariff uncertainty compels the central bank to “wait and see” policy stance even as “disinflation” has set in. What Happened...
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Federal Reserve Minutes Flag Tariff-Driven Inflation, Eye US Market Volatility As Economic Risk
Wednesday, May 28, 2025 - 2:42pm | 752Rising tariffs could reignite inflation while shifts in global investor confidence may undermine the U.S. dollar's safe-haven status, according to the Federal Reserve's May meeting minutes, which reflect growing concern over lasting economic headwinds. Tariffs And Inflation: A Risky Combination...
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Consumer Sentiment Crashes To 5-Year Lows As Inflation Fears Reach 1981 Levels
Friday, May 16, 2025 - 10:38am | 547The University of Michigan’s May consumer survey delivered a jarring message to Wall Street and policymakers: sentiment among American consumers has plunged to the lowest levels since June 2020, while expectations for inflation surged to heights last seen during the early 1980s. The...
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Powell Signals Fed May Shift Inflation Strategy After 5 Years Of Economic Upheaval
Thursday, May 15, 2025 - 10:03am | 780Federal Reserve Chair Jerome Powell said Thursday that the central bank is rethinking its approach to inflation and employment, signaling possible changes to the Fed's policy strategy as part of a major review underway in 2025. “Participants have indicated that they thought it would be...
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Rocket Companies Is Citron's 'Call of the Year,' Dubbed The 'Amazon Of Housing'
Tuesday, May 13, 2025 - 12:20pm | 590Best known for shorting stocks like GameStop, Citron Research's Andrew Left also shares long calls on stocks that are undervalued by Wall Street. Citron shared its latest stock pick Tuesday, a company it believes is misunderstood by investors. What Happened: Citron said Tuesday it is "pounding the...
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Wall Street Climbs As Inflation Cools, Nasdaq 100 Hits 10-Week Highs
Tuesday, May 13, 2025 - 9:46am | 1075Wall Street opened Tuesday with cautious gains after inflation data for April came in cooler than expected, calming investor concerns over tariff-driven price spikes. April's inflation report showed consumer prices rising 2.3% year over year, slightly below the 2.4% forecast and down from the...
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Inflation Eases In April As Trump's Tariffs Don't Push Prices Higher
Tuesday, May 13, 2025 - 8:48am | 554Consumer prices in the U.S. eased faster than expected in April, with fresh tariffs introduced by President Donald Trump appearing not to have a swift and tangible impact on the cost of living. The Consumer Price Index (CPI) was 2.3% higher compared to a year ago, the Bureau of Labor Statistics...
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JD Vance Says Trump Is Right About Jerome Powell: The Fed Chair A 'Nice Guy' But 'Wrong About Almost Everything'
Thursday, May 8, 2025 - 10:24pm | 535Vice President JD Vance has openly criticized Federal Reserve Chair Jerome Powell for his economic policies, particularly concerning inflation and trade agreements. What Happened: During an interview with Fox News, Vance expressed dissatisfaction with Powell’s handling of economic issues....
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Federal Reserve 'Will Be The Last To Cut' Rates, Says Expert Who Still Expects Four Cuts In 2025
Thursday, May 8, 2025 - 8:22am | 719Despite mounting pressure and calls for lower interest rates, the Federal Reserve held rates steady at 4.25%-4.5% on Wednesday. This analyst anticipates that the Fed would be among the last central banks to cut interest rates, while still expecting four cuts this year. What Happened: The Chairman...
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Stagflation Emerges As Key Risk To Fed Policy, Economists Warn: 'We're Grappling With A Rare Trifecta'
Wednesday, May 7, 2025 - 5:06pm | 817A growing chorus of economists is sounding the alarm that stagflation — a toxic mix of sluggish growth, rising unemployment, and persistent inflation — is no longer a distant threat but the most probable path for the U.S. economy. Reacting to the May Federal Open Market Committee meeting and Chair...