BofA pours cold water on what's next for rates under Powell - If you were betting on the Federal Reserve to keep the rate-cut party going, I have some bad news: Bank of America has just poured cold water on that forecast. In a new research note shared with me, analysts revealed an uncomfortable truth:
Justice Department Serves Fed With Grand Jury Subpoenas - Federal Reserve Chair Jerome Powell said the US central bank had been served grand jury subpoenas from the Justice Department threatening a criminal indictment, a dramatic escalation of the Trump administration's attacks. Bloomberg's Ros Ma
21 Democratic-led states sue White House over consumer protection bureau funding - A coalition of 21 attorneys general from Democratic-led states sued the Consumer Financial Protection Bureau and its director, Russell Vought, on Monday, asserting that the White House's argument to withhold funds from the consumer protecti
Micron earnings, Fed commentary: What to Watch - Market Domination Overtime host Josh Lipton previews several of the biggest stories to come tomorrow, Wednesday, December 17, including commentary from top Federal Reserve officials and earnings results from companies like Micron Technology