clickondetroit.com4h
Little to no relief from high borrowing costs expected as Fed Chair Powell heads to the Hill
The odds of further interest rate cuts this year by the Federal Reserve dwindled last week as unemployment fell and more ...
Crain's Detroit5h
As Trump pushes a future without pennies, this Michigan credit union is ahead of the pack
MLCU itself is the product of a merger. In 2012, Wyandotte-based Wy-South Federal Credit Union merged with ...
clickondetroit.com17h
Supreme Court that Trump helped shape could have the last word on his aggressive executive orders
President Donald Trump will need the Supreme Court, with three justices he appointed, to enable the most aggressive of the ...
Why the Job Market Is Giving the Fed Cover to Extend a Pause on Rate Cuts
The central bank is grappling with how quickly to lower interest rates after pausing cuts last month.
Goolsbee says Fed 'may be on hold' for now but sees rates going lower in next 12-18 months
Chicago Federal Reserve president Austan Goolsbee told Yahoo Finance Friday that the central bank "may be on hold" for now, ...
Bessent's Focus on 10-Year US Treasury Yield May Let Fed off the Hook
WASHINGTON (Reuters) - The Trump administration's emerging focus on long-term Treasury bond yields may show growing ...
Chicago Fed CEO says tariff uncertainty could slow rate lowering
"I still think my ultimate where-we're-going-to-land is a fair bit below where we are today," Austan Goolsbee said at auto ...
Goolsbee: Fed in solid place for eventual cuts though uncertainty means a slower approach
A full-employment economy with solid growth and falling inflation will let the U.S. Federal Reserve continue cutting interest ...
Trump's China tariff increase will affect Ford and GM vehicles, billions of dollars in auto parts
The biggest impact on vehicles will be on Ford Motor's Lincoln Nautilus and General Motors' Buick Envision. Those crossovers ...
5Chicago Fed's Goolsbee Shifts From Dove To Hawk, Says Tariffs...
New trade tariffs and supply chain disruptions could force the Federal Reserve into a difficult position, policymaker says.
Crain's Detroit5d
Tariffs could fuel inflation, shock supply chain, experts say
Tariffs left unchecked could fuel inflation and cause cracks in a supply chain that has been stretched to its limits over the ...
Fed officials are raising concerns about the impact Trump's tariffs could have on inflation
Federal Reserve officials take great pains not to comment on fiscal policy, but the looming threat from tariffs is forcing ...