The Latest Breaking News from Bill Adams

While the Federal Reserve’s decision to hold interest rates steady was widely anticipated, a rare dual dissent and nuanced language in the FOMC statement have left experts divided on whether Chair Jerome Powell will hold steady through 2025 or embark on aggressive rate cuts.

Toward the end of the year, the housing market may become a bigger deal for inflation than tariffs - Comerica Bank chief economist Bill Adams said.

The U.S. housing market is tilting sharply in favor of buyers, with a record 33.7% more sellers than buyers, according to the latest data.

The Federal Reserve still expects two rate cuts in 2025, though it raised inflation forecasts.

Wall Street initially cheered soft inflation data and hopeful tariff news, but momentum stalled in late-day trading.

The U.S. and China are at least talking about talking about tariffs, and investors, traders and speculators are showing a little less fear.

It was another day with a week's worth of both news and price action, but it ended on a strongly positive note.

Consumer prices rose 2.8% from a year earlier, data revealed. It’s a deceleration from January, but doesn’t appear to be enough to warrant an immediate interest rate cut.

A weaker-than-expected jobs report suggests trade policy and DOGE cuts could be weighing on hiring, including in the private sector.