The view that the Fed will quickly cut rates stems from how late the Fed was in starting its fight against inflation in 2022, Harris said. Fed Chair Jerome Powell argued for months that inflation was ...

Trump Collar,' as the market retrains the reaction function in the 'Human VVIX' era," says McElligott in an email missive sent Friday. Readers will by now be familiar with the TACO trade. The VVIX is ...

The Washington Post’s military historian and columnist Max Boot described the operation as “brilliant and daring,” writing ...

Known for his colorful stream-of-consciousness notes examining derivatives, McElligott taps the ever-expanding lexicon of Trump trades to tout the 'Trump Collar' as a way to explain the latest market ...

Fed's Waller Highlights a Path to 2025 Rate Cuts; U.S. Jobs Data, ECB Policy Decision Eyed This Week By Vicky Ge Huang A short-lived bump in tariff-driven inflation could pass quickly enough to allow ...

Most Americans say they have changed their spending habits or expect to do so.

Waller is the most persistent voice on the Fed calling for easing. Most Fed officials who have spoken over the past few weeks have emphasized a "wait and see" stance because of how uncertain the ...

The White House tells agencies to stop new activity against Tehran. What happened to ‘maximum pressure’?

The S&P 500 index SPX scored huge gains in May, which was its biggest monthly haul since November 2023. It closed out a whirlwind month less than 4% off its record close in February, while sailing ...