When the Government Tries to Cut Fuel Prices, It Usually Raises Them Instead
According to CNBC, the Trump administration is weighing a ban on diesel exports as a tool to push domestic fuel prices lower.
News Wire
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Inflation Just Hit Its Highest Level Since 2022. The Fed Isn’t Done.
According to CNBC, S&P Global’s overall inflation measure just hit its highest reading since October 2022, and markets are now pricing in another Federal Reserve rate hike as early as October, a…
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Inflation’s Back at the Top of the Fed’s Worry List. The Market Already Priced the Next Move.
According to CNBC, S&P Global’s overall inflation measure just hit its highest level since October 2022, and Fed Governor Barr’s comments have markets now pricing in a rate hike at the October…
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Economic Wire: Federal Reserve Board announces approval of application by B
According to a Federal Reserve press release, the Fed has approved BancFirst Corporation’s acquisition application, clearing the regulatory path for Oklahoma’s largest state-chartered bank to expand…
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Economic Wire: Trump administration is examining whether a diesel export ba
According to CNBC, Treasury Secretary Bessent confirmed the Trump administration is actively examining whether a full or partial ban on U.S.
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Economic Wire: Trump, Xi seek trade stability and deals, but AI, tariffs an
According to CNBC, President Trump and President Xi are heading into a summit where both leaders have strong political reasons to declare victory.
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“Resolute” Sounds Simple. It Isn’t.
According to CNBC, Fed Chair Kevin Warsh explained this week’s rate hike with three words that have Wall Street doing a double-take: the Fed remains “resolute” on inflation.
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Economic Wire: Federal Reserve Board issues enforcement actions with former
According to the Federal Reserve, enforcement actions were issued against former employees of three separate institutions: Northstar Bank, American Express Travel Related Services, and Regions Bank.
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When the Fed Lifts Its Hand: What a Terminated Enforcement Action Actually Signals
According to a Federal Reserve press release, the Fed has terminated its enforcement action against SNB Bancshares and its subsidiary, Bank of Eufaula. The announcement is brief and bureaucratic.
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The Bond Market Is Sending a Message. The Question Is Whether Anyone Is Listening.
According to CNBC, Treasury yields were mixed Friday morning as a volatile week closed out, with the 10-year yield sitting at 5.01%.
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Economic Wire: How record diesel prices will rip through the U.S. economy.
According to CNBC, record diesel prices are already hammering the transportation sector, and the economic damage won’t stay there.
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The Fed Is Hiking Again. The Interesting Part Is What It Says About Inflation.
According to CNBC, the Federal Reserve raised interest rates Wednesday and signaled at least one more hike before year-end, bringing the federal funds target range to 3.75%-4.00%.
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Someone Just Paid $6 Million to Bet Volatility Stays Quiet. That’s the Puzzle.
According to CNBC, the biggest trade in VIX options on Tuesday was a $6 million purchase of deep in-the-money puts on the Cboe Volatility Index, executed the day before the Fed’s rate decision.
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Economic Wire: Consumers hit by one-two punch of oil and rates from Iran wa
According to CNBC, rising oil prices and Treasury yields tied to the Iran conflict are adding roughly $1,700 per household to annual energy and borrowing costs, pushing consumers to lean harder on…
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The 5% Ceiling Nobody Wanted to Test Again
According to CNBC, the 10-year Treasury yield is hovering near 5% ahead of Wednesday’s widely expected Federal Reserve rate hike. The yield closed at 4.97% on September 14.
