Core PCE - Truenewj

Can Kevin Warsh toughen policy without upsetting Trump?

amefika2 weeks ago05 mins

Quick reading Federal Reserve Chairman Kevin Warsh faces pressure to tighten monetary policy amid rising inflation (core PCE in the 91st percentile of trailing-12-month range) while maintaining political independence from President Trump, likely using quantitative balance sheet tightening rather than interest rate increases to avoid headlines. There is a significant disconnect between complacent options markets…

US Stock Market News Today: Wall Street starts on a positive note with inflation cooling

amefika7 months ago02 mins

The stock market opened higher on Friday as the latest inflation data indicated more measured growth. This information, which aligns with the Federal Reserve’s preferred metric, is expected to influence interest rate expectations. Positive outlook for major indices S&P 500 futures rose 0.6%, and the Dow Jones Industrial Average was not far behind, adding about…