Kevin Warsh Must Assess Fed Independence and Interest Rate Policy

Kevin Warsh

Kevin Warsh has devoted considerable time to critiquing the Federal Reserve for its excessive interventions. More recently, he has indicated that it may require a contrary approach. The tension will be prominently featured on Tuesday during the confirmation hearing before Read More …

Wall Street may initially pull back if U.S.-Iran tensions escalate

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The major U.S. index futures now indicate that Monday’s opening will be lower, and equities are expected to retreat after last week’s significant surge. Following the most recent events in the Middle East, markets may be impacted by worries about Read More …

The tariff refund process is officially underway

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Two months following the Supreme Court’s decision to invalidate President Donald Trump’s extensive tariffs, American importers, entitled to $166 billion in refunds along with interest, will commence the application process for reimbursement starting Monday via a newly established portal by Read More …

Fed chair succession might be messy

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The installation process for Kevin Warsh, President Donald Trump’s nominee to succeed Federal Reserve Chair Jerome Powell, is encountering difficulties, and the situation may become increasingly complex. Following an extensive search process spanning several months, Trump ultimately revealed his nomination Read More …

Markets Surge as Iran Ceasefire Eases Oil Fears and Fuels Stock Rally

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For most of the week, markets have traded as if the Iran war were over. The S&P 500 set a third straight record high while the Nasdaq Composite is on its longest winning streak since 1992. Hope for Middle East Read More …

Spring Housing Market Stagnates

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The conflict in the Middle East, coupled with the economic uncertainty it has generated, is overshadowing what is typically the peak season for home sales, resulting in a reduced number of buyers for some sellers. The ongoing conflict with Iran Read More …

Wall Street Set for Continued Gains

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The major U.S. index futures indicate a higher opening on Friday, suggesting that stocks are poised to continue the upward trajectory observed in recent sessions. The markets could persist in capitalizing on the optimism surrounding the prospective conclusion of the Read More …

Trump’s moves against Powell and the Fed backfire

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Currently, there is an increasing likelihood that the US central bank might not only postpone a rate cut but could potentially raise rates, especially if the inflationary pressures resulting from the US-Israeli conflict with Iran turn out to be enduring. Read More …

U.S.-Iran Talks Lift Wall Street Spirits

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The major U.S. index futures indicate a modestly higher opening on Thursday, suggesting that stocks are poised to continue the robust upward trajectory observed in recent sessions. The markets are likely to sustain the recent upward momentum that contributed to Read More …

Trump threatens to fire Powell next month if he remains at the Fed

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President Donald Trump indicated that he intends to dismiss Federal Reserve Chair Jerome Powell should he fail to resign when his term at the head of the central bank concludes next month. “Then I’ll have to fire him,” Trump stated Read More …