The CPI report for February to be reported in March is expected to show cooling inflation per nowcasts, but even so the FOMC may remain patient in cutting rates.
The broader market ended February with a loss, as the S&P 500 slipped 1.42% for the month. Still, the index hit intraday and closing highs of 6,147.43 and 6,144.15, respectively. Concerns over Trump-era tariffs,
A new executive order gives President Donald Trump’s appointees more power over independent agencies, including how the Fed regulates banks. But monetary policy will remain under the central bank's full control.
The market’s expectations for the Federal Reserve’s next move on interest rates held steady after the publication of minutes from the Federal Open Market Committee's January meeting. Traders are still expecting an extended pause on rate cuts with the next quarter-point reduction coming in July,