The Latest Breaking News from Jan Hatzius

A divided Fed meets amid mixed jobs and inflation signals, leaving Chair Jerome Powell with a suspenseful December.

Goldman Sachs is doubling down on its call for a December rate cut as labor market cracks widen, urging investors to stay overweight equities and buy market dips ahead of further policy easing in 2026.

Economic tremors ripple across financial markets as shifting global dynamics push major banks to alter their interest rate forecasts. J.P. Morgan now expects the Federal Reserve to cut interest rates by 25 basis points at its September meeting, moving up its forecast from December.

The July Federal Reserve meeting may go down as the most divided in over three decades, as two key board members, Michelle Bowman and Christopher Waller, broke ranks by voting for a rate cut, while Chair Jerome Powell and the majority held rates steady.

A shockingly soft labor report reignited Wall Street's recession fears, but Corporate America might be telling an entirely different story—one that shows signs of strength not seen in years.

Stocks moved more than 1% again Monday, this time to the upside following the Jobs Friday sell-off.

The looming deadline for President Donald Trump‘s tariffs has sparked a shift in Wall Street’s predictions. Analysts are now projecting a more moderate increase in inflation, a departure from earlier fears of a significant surge.

As markets shrug off the Aug. 1 deadline, analysts warn that investor calm could embolden the White House to follow through—especially if economic data remains strong.

"There is no sign of a significant impact on most labor market outcomes," chief economist Jan Hatzius writes. But the shift is real.