The Latest Breaking News from Jerome Powell

The Fed is clearly deeply divided. Three officials dissented, in opposite directions.

President Trump has spent most of 2025 demanding lower interest rates.

Only in June does a plurality—41.9%—emerge on CME FedWatch for a further cut, to 3.25%.

A cut is something of an “insurance policy against a shattering of the U.S. labor market,” UBS chief economist Paul Donovan said.

Silver prices have roughly doubled this year, climbing over $60 an ounce, pushed up by a supply deficit, tariff uncertainty, and expectations of Federal Reserve interest rate cuts.

December S&P 500 E-Mini futures (ESZ25) are down -0.01%, and December Nasdaq 100 E-Mini futures (NQZ25) are down -0.05% this morning as investors refrain from making big bets ahead of the Federal Reserve’s final interest rate decision of the year, with all eyes on the central bank’s outlook for interest…

The Federal Reserve will almost certainly reduce its key interest rate Wednesday, but the bigger question for financial markets and the economy is what signals Chair Jerome Powell may send regarding the central bank’s next steps

Citigroup stock looks like a good buy, irrespective of the Fed rate cut decision Wednesday.

The latest JOLTS report shows hiring stuck at 3.2% and quits falling again as the Fed prepares to cut rates.