4 mins read

The Fed, CBO and Trump administration release conflicting economic projections

UBS managing director and senior portfolio manager Jason Katz discusses whether the Federal Reserve will further cut interest rates on ‘Varney & Co.’ The U.S. economy is at an inflection point as the Federal Reserve cut interest rates for the first time this month amid indications that the labor market is weakening despite inflation remaining above […]

5 mins read

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 […]