Federal Reserve President Austan Goolsbee said Friday a mixed bag of inflation data this week coupled with lingering uncertainty over tariffs have given him some hesitation about lowering interest rates. Previously, Goolsbee has spoken of a “golden path” that would combine moderating inflation and a stable labor market and lead to lower rates. But in…
Sen. Mike Lee, R-Utah., speaks to reporters as he arrives for the Senate Republicans’ lunch meeting in the U.S. Capitol on Tuesday, June 17, 2025. Bill Clark | CQ-Roll Call, Inc. | Getty Images Sen. Mike Lee, R-Utah, on Tuesday reportedly shared and then hastily deleted a fake, apparently AI-generated letter purporting to show Jerome…
Investors may want to consider bracing for a weaker stock market performance over the next six months. According to Vanguard’s Roger Hallam, it’s prudent for long-term investors to have sufficient exposure to fixed income in this environment. “Our outlook for the second half of this year is that growth will slow,” the firm’s global head…
