The Federal Reserve chair delivers his first Jackson Hole keynote on August 28, with traders pricing one-in-three odds of a rate increase nineteen days later at the September FOMC meeting.
Tag: Federal Reserve
Posted inEconomy
Three Fed Dissenters Pushed for Rate Hike as July Minutes Reveal Hawkish Split
Minutes from the Federal Reserve’s July 28–29 meeting show three regional presidents voted to raise rates immediately, the largest dissenting bloc of the year, with many participants warning further hikes may be necessary.
Posted inMarkets
S&P 500 Closes at Record 7,799 as Soft PPI Eases Rate-Hike Fears
Weaker-than-expected producer price data on Thursday pushed the S&P 500 to a new closing record of 7,798.99, trimming the probability of a Federal Reserve rate hike in September.
Posted inEconomy
US Retail Sales Fell 0.6% in July, First Drop in Nine Months
American consumers pulled back sharply in July, with retail sales posting their largest monthly decline in nine months at –0.6%, raising fresh questions about household resilience.
Posted inMarkets
Gold Holds Above $4,400 as Cooling CPI Dims September Rate-Hike Bets
Gold futures held near $4,408 per ounce on August 13 after two consecutive months of cooling US inflation reduced the probability of a Federal Reserve rate hike in September to around 34%.
Posted inEconomy
US Inflation Holds at 3.4% in July as Energy Costs Drive Real Wages Negative
The July CPI rose 0.1% monthly and 3.4% annually, keeping inflation above the Fed’s 2% target and eroding real wages for a fourth consecutive month.
Posted inEconomy
US Inflation Falls Below 3% for First Time Since 2021
July 2026 US CPI came in at 2.9% year-over-year — the first sub-3% reading since 2021 — strengthening the case for a Federal Reserve rate cut at the September meeting.
Posted inMarkets
Gold Climbs 2.1% to $4,342 as US Jobs Shock Revives Rate-Cut Bets
Spot gold rose 2.1% to $4,342 on Friday after US payrolls fell 23,000 in July, reviving rate-cut bets and lifting the metal from a three-month low.
Posted inEconomy
US Economy Sheds 23,000 Jobs in July, First Drop in Months
American employers shed 23,000 nonfarm payroll jobs in July, the Bureau of Labor Statistics reported on August 7, 2026, sharply missing forecasts and marking the first monthly payroll decline of the year.
Posted inEconomy
US Economy Grew 1.5% in Q2, Missing Forecasts as Government Spending Fell
US real GDP grew at a 1.5% annualised rate in the second quarter of 2026, the Bureau of Economic Analysis reported on July 30, missing the 2.1% consensus forecast and slowing from Q1’s matching pace, though private domestic demand accelerated sharply.