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Warsh Says Inflation Remains Too High, but Fed Is Working on It

Kevin Warsh said inflation has made little progress toward the Federal Reserve’s 2% target since he assumed the central bank’s helm in May. He said the Fed is working to address it.

Fed Chair Warsh Says Growth Driven by Consumer Spending and AI

In opening remarks, Kevin Warsh said economic growth was strong and the labor market healthy, while warning that inflation remains too high. He said third-quarter growth appeared to accelerate, driven in part by strong consumer spending.

Warsh says FOMC sees no firm conclusion on policy path

Warsh said the overwhelming FOMC judgment was that there is no firm conclusion on the future path of monetary policy and that inflation remains too high.

Warsh Says Real Activity Is on Track, Inflation Too High

Fed's Warsh Says Inflation Is Too High

Warsh Says Inflation Is Too High

Warsh said inflation is too high.

Commentary Sees Semiconductor ETF and Bonds at Technical Inflection Points

The article says SOXL approached a support zone and bonds have rallied, while describing both as potential short-term inflection points. It also discusses market conditions, policy expectations and Tesla’s levitating-car demonstration.

LIVE MARKETS — Thursday data deluge: PPI, retail sales, jobless claims, et al

Dow rallies >1%, S&P 500 slightly green, Nasdaq dips Healthcare leads S&P 500 sector gainers; Energy is weakest group Euro STOXX 600 index up ~0.4% Dollar down; bitcoin gains; gold up >1%; US crude up >2% US 10-year Treasury yield falls to ~5.10% Welcome to the home for real-time coverage of markets brought to you by R

LIVE MARKETS — When the chips are down: AI worries drag Nasdaq, S&P 500 lower

S&P 500 dips; Nasdaq slides >1%; Dow gains Tech down most among S&P sectors; Cons staples lead gainers Euro STOXX 600 index off ~0.2% Dollar falls; bitcoin down ~2%; US crude rises; gold up >1% US 10-year Treasury yield slides to ~5.04% Welcome to the home for real-time coverage of markets brought to you by Reuters rep

U.S. Stock Futures Mixed as S&P 500 and Nasdaq 100 Fall

U.S. stock futures were mixed Thursday, with the S&P 500 and Nasdaq 100 lower while the Dow Jones rose. The report also cited pressure on chip stocks and escalating Middle East conflict.

LIVE MARKETS — CPI, mortgage rates, rate hike bets are all on the rise

All three major US stock indexes red; Nasdaq off the most, down ~1% Tech weakest S&P 500 sector; healthcare leads gainers Euro STOXX 600 index up ~0.4% Dollar rallies; US crude up ~1%; gold down ~1.5%; bitcoin down ~2% US 10-year Treasury yield rises to ~5.26% Welcome to the home for real-time coverage of markets broug

UPDATE 1 — US Treasury yield peak still ahead as Fed likely to tighten again, PIMCO's Ivascyn says

(Adds details, quotes, background in paragraphs 4-10) US long -end yields can handle more Fed tightening -PIMCO CIO Housing, commercial real estate will feel rate-hike impact Ivascyn says Fed's Warsh more inclined to wait, hold rate policy By Gertrude Chavez-Dreyfuss NEW YORK, Oct 13 (Reuters) — US Treasury yields may

Higher Rates 'Cannot Manufacture' Oil or Reverse Tariffs: James Thorne Says Fed Eyeing Another Hike a 'Misdiagnosis'

The Federal Reserve is leaning toward another interest rate hike by year-end, but market strategist James Thorne said the central bank is misdiagnosing an economy that isn’t overheating, while Treasury yields climb to fresh highs. Fed Is Fighting Overheating That Isn’t There Thorne, the Chief Market Strategist at Welli

Fed minutes show most officials see another hike this year

Federal Reserve minutes said officials unanimously backed last month's quarter-point rate increase and that most viewed another hike by year-end as likely. The minutes also said future decisions will depend on incoming data.

Ether falls to two-and-a-half-week low as yields rise

Ether dropped 4.4% to as low as $2,572 as elevated Treasury yields weighed on risk appetite. Analysts said weaker institutional demand and recent spot ETF outflows were adding pressure.

Dollar gains eyed ahead of Fed minutes

The dollar's recent advance could continue if the Fed minutes show broad support for further rate hikes, according to Infinox's Thadeu Dos Santos. A more cautious readout could reverse the move, while Thursday's jobless claims report is also seen as a possible catalyst.

Stock Market Today: Dow, S&P 500, Nasdaq Futures Rise Amid Optimism Following Iran’s Offer To Reopen Strait of Hormuz — AKAM, COST, SCHL In Focus

U.S. stocks look set for a positive opening on Friday, with futures of the Dow Jones, S&P 500 and Nasdaq Composite rising, after closing Thursday on a mixed note. Contributing to the optimism are comments from Iranian Foreign Minister Abbas Araghchi, who proposed to reopen the Strait of Hormuz and resume talks on a nuc

Ross Gerber Warns US 'Can't Afford' 5% Treasury Yields As Bond Rout Sends Mortgage Rates To 2023 High

The bond market ‘meltdown’ is accelerating, pushing mortgage rates to their highest level since 2023, with investor Ross Gerber warning that the U.S. “can’t afford” sustained 5% Treasury yields without risking a debt spiral. Rates Have Jumped 150 Basis Points In Six Months The average interest rate on a 30-year mortgag

Full Social Security At 60? Democrat Haley Stevens’ New Bill Could Create Early-Retirement Path for Physically Demanding Jobs: ‘You Deserve the Retirement You Earned’

U.S. Rep. Haley Stevens ( D-Mich.) introduced the Blue Collar Social Security Fairness Act, a proposal that would allow certain workers in physically demanding jobs to receive full Social Security retirement benefits starting at age 60. Under current Social Security rules, workers can begin claiming retirement benefits

Fed's Kevin Warsh Says 2% Is 'Firm, Fixed Target,' McDonald’s CEO Sees Years of Elevated Inflation — Peter Schiff Asks ‘Who Do You Believe?’

Investor Peter Schiff questioned Federal Reserve Chair Kevin Warsh ‘s inflation outlook after McDonald’s Corp. (NYSE: MCD ) CEO Chris Kempczinski warned elevated inflation and squeezed household budgets are hurting customer traffic across the restaurant industry. ‘Who Do You Believe?’ “Today the McDonald’s CEO said he

UPDATE 1 — Fed's Kashkari says inflation is still too high across US economy, in Fox News interview

(Adds more on inflation, paragraphs 4-7, Warsh views paragraphs 8-9) Sept 20 (Reuters) — Minneapolis Federal Reserve President Neel Kashkari said on Sunday that inflation is too high across all sectors of the US economy, not just in rising oil prices. "So even if we strip out energy, which is really volatile, and strip

Meet the New Boss, Same as The Old Boss’: James Thorne Says Kevin Warsh Failed His First Fed Test After Rate Hike, Warns Another Increase in October

James Thorne, Chief Market Strategist at Wellington Altus, said Federal Reserve Chair Kevin Warsh has failed the test, as his handling of Wednesday’s rate hike shows the Fed’s underlying policy approach hasn’t changed under new leadership. Following the Same Playbook Thorne said Warsh’s Jackson Hole remarks, the intere

Charlie Bilello Warns of $100 Billion Iran War Fuel Shock as $4.43 Gas Prices Show the ‘Inflation Problem’ Isn’t Over

U.S. gas prices hit a record $4.43 per gallon for September, driven by the ongoing war in Iran. Market strategist Charlie Bilello warns that this energy surge adds a $100 billion burden on consumers, signaling that the broader inflation problem is far from over. War Drives Energy Prices Higher Crude oil has crossed $10

Wall Street’s Biggest Bull Cuts His S&P 500 Target: The Problem Isn’t Corporate Profits

In August, Ed Yardeni held the highest year-end target for the S&P 500 on Wall Street at 8,400. This week he cut it to 7,900. Nothing broke in corporate earnings. What changed is the price of money. The Fed Hiked, And The Bar For Another One Is Low The Federal Open Market Committee raised the federal funds rate by 25 b

Trump’s Tariff Threat Over Fed Rate Decision ‘Makes No Economic Sense,’ Says Justin Wolfers: Kevin Warsh 'Called His Bluff’

Following the Federal Reserve’s decision to hike rates by 25 basis points, economist Justin Wolfers criticized President Donald Trump for threatening trade tariffs in response to central bank policy, stating the linkage “makes no economic sense.” Policy Defiance Wolfers highlighted the full consensus within the central

Ed Yardeni Slashes Year-End S&P 500 Target Amid Downturn Risks: 'Proceed With Caution'

Ed Yardeni, President of Yardeni Research, has revised his year-end S&P 500 target downwards, cautioning investors to be wary in the face of increasing rates. The veteran investor cut his S&P 500 year-end target from 8,400 to 7,900, CNBC reported on Wednesday. This updated prediction indicates a 4.61% rise from Wednesd

Dan Ives Says Kevin Warsh-Led Fed 'Had No Choice' But to Raise Rates, Calls the Hike a 'Gut Punch' As Trump Renews Calls for 1% Rates

Technology analyst Dan Ives said Wednesday that Federal Reserve Chair Kevin Warsh had no real alternative but to raise interest rates, even as President Donald Trump renewed his demand for rates at 1% or lower. ‘The Bond Market Doesn’t Lie’ In an interview with CCN, Ives said the only way to control high inflation was

Iran's Speaker Mocks Kevin Warsh-led Fed's Rate Hike: 'You Can't 25bp a Chokepoint' — Tehran Says It Sets the Risk Premium

Iran’s Parliament Speaker Mohammad Bagher Ghalibaf mocked the Federal Reserve’s rate hike on Wednesday, posting a satirical “Straits Taylor Rule,” arguing that Iran controls the main driver of inflation. ‘You Can’t 25bp a Chokepoint’ In the post on X, he said he wrote his own version of the Taylor Rule, the standard ec

Trump Says US 'Carrying' the World, Calls for Lower Rates — Chuck Schumer Calls It 'The Inevitable Result' of President's 'Failures'

President Donald Trump slammed the Federal Reserve for raising interest rates Wednesday, renewed his demand for rates at 1% or lower, and urged the Fed to cut rates quickly. Demands Rates At ‘1%, or Less “Interest Rates in the United States should be 1%, or less, because we are the Best Credit in the World, BY FAR,” Tr

Trump Adviser Peter Navarro Slams Kevin Warsh’s Fed Rate Hike, Warns of ‘Double Tap’ on Economy

President Donald Trump ‘s Trade Adviser, Peter Navarro, on Wednesday, criticized the Federal Reserve’s decision to hike interest rates to tackle inflation amid oil shocks. Kevin Warsh Made a ‘Foolish’ Decision Sharing a clip of his appearance on News Nation on the social media platform X, Navarro criticized Federal Res