Let's stay on bonds and stocks and markets because we've got new highs across the board for equities. Nearly all major averages on pace for new records. The market seems to have adjusted to tariffs.But what happens if the Supreme Court rules that the tariffs are actually illegal. Would that hurt America's massive debt load. Let's talk about that and more.Joe Leavone is well known to our audience as a markets guy, but now serves as counselor to Treasury Secretary Scott Bessant. Joe, good to have you on the p ...

The dollar index (DXY00) on Thursday rose by +0.50%.  The dollar moved higher Thursday on positive carryover from Wednesday when Fed Chair Powell said higher goods prices are feeding through to inflation and that the FOMC expects inflation to continue to build into next year, which may limit how much more the Fed can cut interest rates.  The dollar added to its gains Thursday after T-note yields rose when US weekly jobless claims fell more than expected, and the Sep Philadelphia Fed business outlook survey ...

As widely expected, the Federal Reserve lowered rates by 25 basis points yesterday, Sept. 17. It was the first rate cut by the U.S. central bank in 2025, and the so-called dot plot calls for another 50-basis-point rate cut this year. Notably, the rate cut came at a time when inflation is still running above the Fed’s 2% target. The Fed maintained its 2025 core Personal Consumption Expenditures (PCE) inflation projection at 3.1% while raising the 2026 forecast from 2.4% to 2.6%. The Fed also raised its 202 ...

advertisement LOGIN SUBSCRIBE | FastCo Works AP Business Writers Paul Wiseman and Alex Veiga contributed to this report. Veiga contributed from Los Angeles. —Christopher Rugaber, AP Economics Writer Subscribe to the Daily newsletter.Fast Company's trending stories delivered to you every day Privacy Policy | BYÂ Associated Press Listen to this ArticleMore info 0:00 / 0:00 The Federal Reserve's nearly unanimous decision Wednesday to reduce its key interest rate was seen by many observers as a quiet show of un ...

Chair problem more than once talked about how unusual the situation is because there are really conflicting risks here, both in inflation risk and unemployment risk at the same time. How unusual is that if you go back through history. Is that a really strange situation to face.Well, it's completely unprecedented for a member of the administration on leave to be a governor of the Fed. That's completely unprecedented. It's completely unprecedented for the president on a basis that many people regard as pretex ...

[Music] Welcome to Market Catalyst. I'm Julie Hyman. We are 30 minutes into the US trading day.Let's get to the three market catalyst we're watching this hour. First up, full coverage on the Fed as the central bank kicks off its rate cutting cycle. Plus, Nvidia and Intel striking a deal.We'll break down what it means for both chip companies. And we get a read on the state of the consumer as Olive Garden parent reports earnings. We'll break down those numbers.Plus, let's get a check of the markets right now. ...

[Music] The Federal Reserve cuts interest rates for the first time in nine months and signals two more cuts could come this year. Jerome Powell defending the decision in the face of a weakening labor market and pressure from the White House. >> I think we were right to wait and see how tariffs and inflation and and the labor market evolved. I think we're now reacting to uh you know to the the much lower level of job creation and other evidence of softening in the labor market and saying well those risks are ...

The S&P 500 Index ($SPX) (SPY) today is up +0.67%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.46%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +1.19%.  September E-mini S&P futures (ESU25) are up +0.63%, and September E-mini Nasdaq futures (NQU25) are up +1.19%. The prospects for additional Fed easing are lifting stocks today, with the S&P 500, Nasdaq 100, and Dow Jones Industrials posting new record highs.  Strength in semiconductor stocks today is a bullish factor for the overall market, led ...

Monetary accommodation is still working its way through the euro area economy following rate cuts between June 2024 and June 2025. The recent trading agreement between the US and the EU has reduced pressure to lower rates, while the re-direction of cheap goods from China and elsewhere because of higher US tariffs is likely to further trim prices in the short term. Meanwhile, the euro’s appreciation against the dollar and other currencies is disinflationary. But inflationary pressures could intensify in ...

In a highly anticipated move, the Bank also said it would scale back the sale of long-term debt amassed during lockdown and the financial crisis in a move that should ease pressure somewhat on Ms Reeves.The Bank’s policymakers held interest rates at 4pc on Thursday following last month’s cut from 4.25pc.Her comments raise the prospect of another fuel duty freeze, with Treasury officials also examining the idea of removing VAT on gas and electricity bills in a move that would save households about £86 a year ...