Consumers continue to feel the effects of inflation on their finances. In February, the Consumer Price Index, which tracks the cost of consumer goods and services, showed a rise of 2.4% over the past 12 months. And according to another world policy organization, the US war with Iran and its effects on the price of … Read more
The SPDR S&P 500 ETF (SPY) is down 7% year-to-date through March 30, 2026, while the VIX rose to 30.61 as energy shocks driven by WTI crude oil above $100 a barrel threaten to reverse inflation. Core PCE inflation reached 128.394 in January 2026, its highest figure in 12 months, while the yield of the … Read more
CAMBRIDGE, Mass. (AP) – Federal Reserve Chairman Jerome Powell said Monday that it is important to carefully watch inflation during the rise in energy prices since the Iran war. Watch Powell’s comments in full in the video player above. Powell, who spoke in front of about 400 students at Harvard University when gas prices averaged … Read more
The chairman of the Federal Reserve, Jerome Powell, said on Monday that he sees no risk of contagion in the private credit markets at this time that could spread to the broader financial system, although the central bank is watching the situation carefully. “We’re looking for connections to the banking system, and things that might … Read more
Federal Reserve Chairman Jerome Powell has a message for young Americans looking for work in a tough job market: Don’t be discouraged, even though job creation remains weak and the threat of artificial intelligence remains. The chairman of the Fed, who gave comments on Monday to an undergraduate economics class at Harvard University, talked a … Read more
Powell said high energy prices have not created a tough choice for the Fed With inflation running above target, the Fed is watching inflation expectations Powell sees less risk in the labor market Financial markets have written off bets on a Fed rate hike this year CAMBRIDGE, Massachusetts, March 30 (Reuters) – Federal Reserve Chairman … Read more