News

There Is a 83% Chance the Federal Reserve Cuts Interest Rates in September. Doing So Would be Nearly Unprecedented.

After somewhat positive inflation data in July, the chances of the Federal Reserve cutting interest rates in September are at ...

When Will the Fed Cut Rates? Here Are Some Key Dates to Watch.

In late July, Federal Reserve Chair Jerome Powell kept the central bank's options wide open for its next meeting, and said the Fed would "watch and learn" about th ...
Ken McElroy on MSN1d

us inflation at 9.1% and fed target

Ken McElroy discusses the current US inflation rate of 9.1% and the Federal Reserve's target inflation rate of 2%.

Inflation or jobs: Federal Reserve officials are divided over competing concerns

Federal Reserve policymakers will be debating whether stubborn inflation or slower hiring is the bigger problem for the ...

US stocks end little changed, with eyes on Fed conference and big box retail earnings

U.S. stocks closed a listless day nearly flat as investors wait for key retail earnings and an annual Fed conference for ...

South African rand range-bound as markets await local inflation data, Fed signals

South Africa's rand was on the back foot for much of Tuesday's trading session as markets awaited the U.S. Federal Reserve's ...

Powell has used Jackson Hole to battle inflation and buoy jobs; he's now caught between both

WASHINGTON (Reuters) -Fed Chair Jerome Powell used the central bank's annual Wyoming research conference to promise inflation ...
Ken McElroy on MSN2d

analyzing 9.1% inflation rate and fed response

Ken McElroy analyzes the current 9.1% inflation rate and the Federal Reserve's response, discussing the historical context and the Fed's target of 2% inflation.

South African rand weaker as markets eye Fed symposium, local inflation print

South Africa's rand was weaker in early trade on Tuesday, as investors looked to the Fed's Jackson Hole symposium for hints ...

Hints Of Rising Inflation Complicate Fed's Next Policy Meeting

Ahead of the Federal Reserve’s annual conference in Jackson, Wyoming, which starts on Thursday (Aug. 21), the topic of ...