Treasury's Bessent hires Trump's controversial former Fed board pick, Judy Shelton, as advisor
Shelton's controversial economic ideas led the Senate to block her nomination to the Fed. Now she's going to be a counselor to the Treasury secretary.


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31 stories in the last 7 days, reading strong bearish overall. Coverage has slowed in the last day.

| Day | Mood | Stories |
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| Fri, Oct 9 | — | 0 |
| Thu, Oct 8 | −47.8 | 3 |
| Wed, Oct 7 | −43.0 | 12 |
| Tue, Oct 6 | 0.0 | 1 |
| Mon, Oct 5 | −13.9 | 4 |
| Sun, Oct 4 | −53.5 | 3 |
| Sat, Oct 3 | −51.5 | 3 |
| Fri, Oct 2 | −24.7 | 4 |
Shelton's controversial economic ideas led the Senate to block her nomination to the Fed. Now she's going to be a counselor to the Treasury secretary.

Rates keep going up': Fed minutes, Waller and the case for another hike

Tariffs added 2.9 percentage points to inflation in 67 categories of goods by February 2026, researchers at the New York Federal Reserve found.

The Federal Reserve is poised to raise interest rates further as it seeks to tame inflation, but that is unlikely to happen until the end of the year.

Federal Reserve officials are increasingly pointing to the artificial intelligence buildout, rather than tariffs, to explain why the prices of goods keep risin…
Without them, prices would have declined slightly, researchers at the New York Fed found.
'The government respectfully moves to voluntarily dismiss its appeal'

The Federal Reserve on Wednesday released minutes from its Sept. 15-16 policy meeting.

Policymakers grew increasingly concerned about inflation risks at their most recent meeting in September.

September's rate hike was viewed by many officials as needed just in case inflation remains sticky.
The officials unanimously agreed that inflation was still elevated and had not made much progress toward their 2% target in recent months, the minutes said.

After raising rates in September, some of the central bank's top officials have suggested a further rate rise can wait until December.
Most Federal Reserve officials expect that another interest rate increase will likely be needed this year to combat inflation, minutes released Wednesday from…

The Survey of Consumer Expectations indicated that the median outlook for inflation over the next 12 months rose to 3.9%.

U.S. futures are lower as oil prices tick higher and the bond market climbs ahead of the release of the Federal Reserve's latest minutes

U.S. Treasury yields climbed early Wednesday after retreating in the previous session, as investors awaited a closely watched 10-year note auction.

Rep. John Moolenaar wants the Fed to rethink Hong Kong's access to a dollar-liquidity facility as China promotes the renminbi as a global currency.

Rising borrowing costs are taking a toll on households and businesses. But they are doing little to dampen enthusiasm for investments in A.I. infrastructure, w…

American Tower (NYSE:AMT) balanced strong CoreSite data-center demand against rising benchmark yields as the market weighed the Federal Reserve rate path today.

The chief investment office at Standard Chartered said bond and money markets have been overly hawkish on the Federal Reserve.
U.S. Treasury yields inched lower on Monday after a sharp selloff the week prior, as investors look ahead to the Federal Reserve's last meeting minutes.

Stocks are coming off a week defined by surging Treasury yields and a surprisingly weak jobs report that helped ease concerns about another Fed rate hike.

Minutes from the September meeting may provide extra context, as the real fed-funds rate is now surprisingly low.
Jerome Powell was cleared of criminal wrongdoing in the Fed's $2.5 billion "Palace of Versailles" headquarters fiasco - but what about the rest of his screwups…

Justine Marie May allegedly told South Carolina detectives the prior two weeks were a "blur" before deputies found both daughters dead in their home.

Fed up with paying to stream music you'll never actually own? Give the little silver disc a spin. Here's how to start a CD collection or get more out of one yo…

Wall Street has a busy week ahead with a mix of economic updates and details about the Federal Reserve's decision to raise interest rates at its last meeting

The confirmation comes after the Fed's inspector general report that said there were no grounds for a criminal referral over the mismanaged headquarters renova…

The Federal Reserve's minutes for its September meeting are due Wednesday and will mark the highlight of the coming week.
The odds of an interest rate change at the Federal Reserve's meeting in late October have dropped following a softer jobs report and strong signaling from bank…

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