by | Jul 1, 2025 | Economy, Industry News, Latest News, National, News, Premier |
Federal Reserve Chair Jerome Powell, speaking on a panel of central bankers Tuesday morning, declined to commit to a timeline for rate cuts and explicitly blamed tariffs for a “freeze” on the Fed’s policy moves as he continues to face political pressure to reduce...
by | Jun 27, 2025 | Economy, Industry News, Latest News, National, News, Premier |
Consumers appear to be feeling more hopeful as summer begins and tariffs remain relatively low impact at the moment, according to the latest data from the University of Michigan. The final results for the Index of Consumer Sentiment came in at 60.7, a 16% leap above...
by | Jun 26, 2025 | Economy, Industry News, Latest News, Lead Story, National, News, Politics, Premier |
Federal Reserve Chair Jerome Powell faced intense congressional scrutiny this week over the housing market and his approach to interest rates. Testifying before the Monetary Policy, Treasury Market Resilience, and Economic Prosperity Task Force on Tuesday and before...
by | Jun 18, 2025 | Economy, Industry News, Latest News, Lead Story, National, News, Premier |
At the latest Federal Open Market Committee (FOMC) meeting on June 18, the Federal Reserve board of governors once more chose to leave interest rates unchanged from the current 4.25 – 4.5 rate. Interest rates were last cut in December 2024. At a press...
by | Jun 13, 2025 | Economy, Industry News, Latest News, National, News, Premier |
Consumers may finally be warming up to the economy again, and just in time for summer, according to the latest data from the University of Michigan. The preliminary results for June’s Index of Consumer Sentiment came in at 60.5, a 15.9% from the 52.2 reading seen in...
by | Jun 11, 2025 | Economy, Industry News, Latest News, National, News, Premier |
The ongoing back-and-forth over tariffs has caused concerns about costs of imported goods, passed onto U.S. consumers, spiking inflation. The latest Consumer Price Index (CPI) from the U.S. Bureau of Labor Statistics, one of the key measures of inflation, looks at...