In the face of potential supply side shocks, the Federal Reserve may be forced to halt its rate cuts but not reverse its course, a prominent economist predicted. What Happened: Brian Jacobsen, Chief Economist at Annex Wealth Management, expressed his concerns about the possible risks to the Fed’s policy-easing path during an interview with CNBC on Monday. Jacobsen pointed out...

After a long week of work, the weekend is here, and it's payday. After taking a look at your checking account, you stop by the grocery store to pick up a few items for dinner and dessert. But suddenly, the thought of tasty food is replaced with fear. Looking at the prices of your favorite treats, you can see your...

(Reuters) -The U.S. central bank held its benchmark overnight interest rate steady in the 5.25%-5.50% range at the conclusion of its July 30-31 policy meeting, but since then Federal Reserve Chair Jerome Powell has declared the time has come for policy to adjust, signaling that rate cuts are likely to begin at the Sept. 17-18 meeting. Just what size of...

The next Personal Consumption Expenditure (PCE) inflation report, closely watched by the Federal Reserve, will be released at 8:30 a.m. ET Friday. This highly anticipated inflation report will likely illuminate whether broad price pressures align with the Fed’s 2% target or if they remain stickier than expected. During last week’s Jackson Hole Economic Symposium in Wyoming, Fed Chair Jerome Powell...