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Chicago Fed Chair Goolsbee Agrees With Bessent: 'Fed Independence Is A Jewel Box,' Awaits Tariff Revisit Before 'Jumping To Action'
Tuesday, April 22, 2025 - 5:10am | 719Read More...Chicago Federal Reserve President Austan Goolsbee has underlined the need to wait for policy action on tariffs before jumping to any “action,” while agreeing with Treasury Secretary Scott Bessent‘s comments on the central bank’s independence being like a “jewel box...
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Trump's Tariffs, Fed Rate Decisions, And America's Debt Crisis: This Week In Economics
Sunday, February 2, 2025 - 12:56pm | 470Read More...As we wrap up another eventful week, the headlines were dominated by President Donald Trump‘s tariff decisions, the Federal Reserve’s interest rate moves, and billionaire investor Ray Dalio‘s take on America’s debt crisis. Let’s dive into the top stories that shaped...
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Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Secretly Monitor But Don't Talk About Yet
Friday, September 27, 2024 - 1:10pm | 1579Read More...Each week, Benzinga’s Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the surface and deserve attention. Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With...
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Inflation Decline Strengthens Confidence In Fed's Interest Rate Cut: 'If You Were Second Guessing The Fed... You Aren't Now'
Friday, September 27, 2024 - 10:37am | 912Read More...Friday's Personal Consumption Expenditures (PCE) Price Index report showed lower inflation in August than expected, which has economists cheering the results and their positive impact for consumers and the stock market. What Happened: The Personal Consumption Expenditures Price Index is the...
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Inflation Data 'Will Be Watched Like A Hawk' Friday After Fed's Interest Rate Cuts
Thursday, September 26, 2024 - 2:58pm | 584Read More...Friday's Personal Consumption Expenditure (PCE) price index report could validate the recent decision to cut interest rates and foreshadow the size of future cuts. PCE Report: The monthly PCE report is scheduled for release at 8:30 a.m. ET Friday. The data will be closely monitored by investors and...
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Rate Cuts: Good News Or Bad News For Stocks? Let's Dive Into The Bullish And Bearish Sides
Tuesday, September 24, 2024 - 3:27pm | 844Read More...So the first Fed rate cut is behind us, and we are no longer in a “higher for longer” period, but in a new rate cut cycle which will most likely last well into 2025. So that’s good news for stocks, right? Well, not necessarily. The reality is that rate cut cycles do...
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Claudia Sahm Underscores Fed's Mandate to Protect Jobs, Says Additional Cuts Expected: 'The Time To Support The Labor Market Is When It's Strong'
Thursday, September 19, 2024 - 10:06pm | 616Read More...In an opinion piece in the New York Times titled “Inflation Is Ebbing. Now the Fed Must Protect Jobs,” the inventor of Sahm’s Rule Claudia Sahm said the 0.5 percentage point cut in policy interest rate by the Federal Reserve signifies a change in the central bank’s strategy...
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VOO Vs. VTI: Which US Stock Market ETF Could Benefit More From Interest Rate Cuts?
Wednesday, September 18, 2024 - 3:24pm | 860Read More...When it comes to two of the largest U.S. stock market funds, one could stand out now that the Federal Reserve decided to cut interest rates Here's a look at key differences between the Vanguard S&P 500 ETF (NYSE:VOO) and the Vanguard Total Stock Market ETF (NYSE:VTI). VOO ETF Vs. VTI ETF: The...
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Brazil Expected To Raise Interest Rates Hours After Fed Lowers Them
Wednesday, September 18, 2024 - 2:13pm | 489Read More...Brazil's central bank will likely raise interest rates for the first time in two years due to a heated economy and an above-target inflation outlook. In contrast, the U.S. central banking system just cut rates by a half percentage point Wednesday afternoon. Brazilian policymakers led by Roberto...
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Trump Says No Federal Rates Cuts Before 2024 Election, Republican Congress Members Say 'The Time Is Right'
Friday, September 13, 2024 - 3:57pm | 633Read More...If former President Donald Trump has his way, the Federal Reserve will leave rates unchanged ahead of the 2024 presidential election. That doesn't seem likely with investors and members of Congress anticipating a rate cut next week. What Happened: Trump recently said that presidents should have "at...
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SoFi Technologies Stock Is Up 15% Over The Past Month: What's Going On?
Thursday, September 5, 2024 - 12:23pm | 549Read More...SoFi Technologies Inc (NASDAQ:SOFI) shares are trading flat Thursday at $7.53 and higher by some 15% over the trailing month amid anticipation of key economic data. Shares are trading higher in recent sessions due to expectations of a potential interest rate cut by the Federal Reserve, which would...
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EXCLUSIVE: Market Strategist On Small Cap Rally, Election Year, Fed Cuts And What's Next – 'I Think The Setup Is There'
Friday, August 23, 2024 - 1:23pm | 880Read More...Market strategist Jay Woods spoke with Benzinga ahead of Jerome Powell's Jackson Hole speech Friday to discuss a variety of topics: rate cuts, what the election means for stocks and what's next for small caps. Fed Rate Cut Woods says the Fed was late to raise rates and has been late to cut rates....
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Jerome Powell Tells Congress The Fed Could Cut Rates If Either Of These Things Happen: 'Inflation Has A Certain Momentum'
Wednesday, July 10, 2024 - 12:38pm | 690Read More...Federal Reserve Chair Jerome Powell painted a very clear picture of what needs to happen before the central bank lowers rates during the second day of testimony in front of Congress. What To Know: Powell kicked off his semiannual testimony before the Senate Banking Committee on Tuesday. He began...
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June Inflation Report In Focus: Could It Seal The Deal For September Rate Cut?
Tuesday, July 9, 2024 - 2:27pm | 547Read More...Following the latest weaker-than-expected inflation reports, investors are eagerly awaiting June Consumer Price Index (CPI) report this Thursday to strengthen their expectations of interest rate cuts. While Federal Reserve Chair Jerome Powell reiterated Tuesday it won’t be appropriate to cut...
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Fed's Bowman Shocks Traders: 'I Remain Willing To Raise' Interest Rates If Progress On Inflation Stalls
Tuesday, June 25, 2024 - 9:13am | 577Read More...Federal Reserve Governor Michelle Bowman stated on Tuesday that it is premature to lower the policy rate, and indicated her readiness to support further rate hikes if inflation worsens. While giving a speech in London, Bowman noted that “we have seen only modest further progress on inflation...
















