Hedge fund billionaire David Tepper said the Federal Reserve could cut rates a bit more, but then risks more inflation and other dangers to the economy and markets if the central bank goes further than that.In other words, be careful what you wish for."If they go too much more on interest rates, depending what happens with the economy ... it gets into the danger territory," Tepper said on CNBC's "Squawk Box" Thursday.His comments come after the central bank lowered interest rates by a quarter point Wednesda ...

My own guess is that policy's currently a little looser looking at all financial conditions than people view it as being, and that the current configuration, the balance of risks is a bit more tilted towards inflation rather than on employment. So I think we're a bit on the loose side with respect to monetary policy and monetary policy signalling, but that's very much a difference of degree. ...

The Federal Reserve cut its benchmark interest rate Wednesday for the first time in nine months. Since the last cut, progress on inflation has slowed while the labor market has cooled. ...

So what did you make of the quarterpoint cut and also some of the commentary from J Pal uh just talking about the dispersion the summary of economic projections and also our Steve Leeman asked a great question are we on a path for cuts and JP pal came back and said well we're more data dependent something he obviously has said in previous meetings well the meeting turned out to be what most of us expected to have happen the 25 basis point cut I think what was would have been more problematic was we didn't g ...

LONDON (AP) — The Bank of England held its main interest rate at 4% on Thursday as U.K. inflation concerns weigh on policymakers. The decision was widely anticipated, as was the split of votes on the nine-member Monetary Policy Committee. Seven of the panel backed the decision, while two voted for a quarter-point reduction to 3.75%. The minutes of the meeting showed that the majority were concerned about the path for inflation, which remains stubbornly high. Figures on Wednesday showed inflation held ste ...

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The Fed cut rates by 0.25%, but Jerome Powell framed the move as “risk management” driven by labor market weakness, leaving investors uneasy. Markets were flat as the Fed’s dot plot suggested a possible 50bps cut at a meeting later this year, though Powell stressed a meeting-by-meeting approach. Trump appointee Stephen Miran dissented in favor of a bigger cut, underscoring political pressure on the Fed and highlighting divisions that signal a cautious, uncertain path ahead. Wall Street at last got its l ...

American homeowners saw their equity dip by an average of $9,200 over the past year as rising interest rates cooled the housing market, but experts say the decline is more of a reset than a collapse.Homeowner Equity Falls $141 Billion Amid Rising RatesHome equity, the difference between what a homeowner owes and what their property is worth, fell 0.8% year-over-year to $17.5 trillion in the second quarter, according to housing data firm Cotality, as reported by The Fortune. The number of homes with negative ...

By Greta Rosen Fondahn and Helen Reid MALMO, Sweden (Reuters) -Inter IKEA Group CEO Jon Abrahamsson Ring will step down at the end of the year, the owner of the world's biggest furniture brand said on Thursday, with Jakub Jankowski taking over as trade tensions and U.S. tariffs loom over the sector. Jankowski, the 49-year-old Polish managing director of IKEA Industry, the group's manufacturing business, will become group CEO on January 1, 2026. He has previously held roles in Poland, Romania, the Netherl ...

Paul, it seems that markets of various states are thinking very hard about things around the release of the statement and the press conference yesterday. Maybe risk assets just woke up this morning and said, okay, well, we'll take that more rate cuts. What did you take away from the Fed.Well, we could probably make this a ten minute hit rather than a three minute countdown to unpack everything that went on with the Fed on it. But I'll give you a couple of my thoughts on it. A couple of takeaways.One, the Fe ...