Noted economist and chief economic adviser at Allianz, Mohamed El-Erian, has voiced his concerns about the Federal Reserve's approach to inflation, warning that it could be making a big "mistake."
Breadth metrics softened again on August 19, reversing much of the prior session’s rebound. Participation remains uneven, though longer-term trend measures continue to hold steady, keeping the broader picture balanced.
The extension delays a significant tariff hike until November, preventing what could have been a virtual trade embargo and keeping rates lower during the crucial holiday import season.
In an interview with Bloomberg, Bowman said the first thing she did after President Donald Trump signed an executive order barring debanking was to rescind the Fed’s guidance and material on reputational risk.
In the face of a potential Federal Reserve rate cut in September, a strategist from Goldman Sachs has cast doubt on the likelihood of a resulting stock market surge.
