fox-business/politics/the-fed
Gold hits record highs as FOMO environment pushes metal toward $4,000
Pacer ETFs President Sean O’Hara discusses the benefits of ETFs and lays out his favorite investments on ‘The Claman Countdown.’ Gold’s grind upward is showing no signs of slowing, with some eyeing another record milestone for the precious metal. “US $4,000/oz+ is likely a question of ‘when’ not ‘if’ in the current FOMO environment. We […]
Shutdown delays September jobs report as economists expected 50,000 jobs added
Federal Reserve Bank of Chicago President Austan Goolsbee discusses the impact a government shutdown would have on the agency, inflation and more on ‘The Claman Countdown.’ The ongoing partial government shutdown prevented the Labor Department from releasing the anticipated September jobs report as scheduled on Friday, causing economic data watchers to turn their attention to alternative […]
Why are mortgage rates rising even after the Fed cut rates?
Managing Director at Madison Ventures Plus Mitch Roschelle joins ‘Varney & Co.’ to break down the New York exodus to the suburbs and why rising mortgage rates are squeezing buyers. Mortgage rates have climbed for the second straight week, despite the Federal Reserve delivering its first interest rate cut in nearly a year, underscoring that […]
What’s the significance of Trump’s push to remove Lisa Cook from the Fed board?
Kenny Polcari, SlateStone Wealth chief market strategist, discusses whether the Fed can live with 3% inflation on ‘Varney & Co.’ President Donald Trump’s effort to remove a member of the Federal Reserve’s Board of Governors comes amid his push to reshape the composition of the central bank’s panel that makes interest rate decisions. Trump attempted to fire […]
Fed’s Goolsbee warns of impact a shutdown could have on economic data releases
Federal Reserve Bank of Chicago President Austan Goolsbee discusses the impact a government shutdown would have on the agency, inflation and more on ‘The Claman Countdown.’ Chicago Federal Reserve President Austan Goolsbee said Tuesday the central bank will look at alternate data sources to consider at its October meeting if upcoming economic data is not […]
August PCE: Fed’s favored inflation gauge shows consumer prices remain elevated
Former J.P. Morgan Chase chief economist Anthony Chan discusses Treasury Secretary Scott Bessents prediction of a sharp drop in inflation on Varney & Co. The Federal Reserve’s preferred inflation gauge showed that inflationary pressures remained elevated in August, as policymakers seek to balance the need to restore price stability against a weakening labor market following last […]