the earnings yield or the Fed model) to explain or predict another (in this case, the stock market). Notice that in each case, the earnings yield alone has had more predictive power than when ...

Economists have been sounding the alarms that the Fed’s “inclusive” employment strategy may be to blame for staggering ...

Janet Yellen, Chair of the Board of Governors of the Federal Reserve System, announced today that the Fed will be raising rates by 25 basis points, to a range of 0.50 to 0.75%. Follow BI Video ...

Suffice it to say, this wasn't the most interesting decision of 2025 so far. Still, given that the Fed cut interest rates three times in 2024, we were hoping for a path toward lower borrowing costs.

The Fed held its benchmark rate steady on Wednesday at its current range between 4.25% to 4.5%, a move that was forecast by a majority of economists polled by FactSet. Most economists also predict ...

Another possibility: Trump’s blueprint could drive inflation higher while also weakening the economy – an unusual tandem that would pose a vexing dilemma for the Fed. Cut? Hike? Stand pat?

Over two days of testimony this week before Congress, Federal Reserve Chairman Jerome Powell indicated there's no imminent ...

Economists see the core gauge as a better indicator of the underlying inflation trend than the overall CPI that includes often-volatile food and energy costs. The headline measure rose 0.5% from ...