News

CPI registers its first sub-5% reading in two years. Core inflation has also moderated, to 5.5%.

"Overall, domestic banks have ample liquidity, ... [but] prime and tax-exempt money market funds, as well as other cash investment vehicles and stablecoins, remained vulnerable to runs."

Labor market participation among people 25 to 54 years old has hit a 15-year high.

If the Supreme Court upholds the Fifth Circuit ruling, it could have grave and widespread ramifications.

While increasing interest rates by another 25 bps, the FOMC signals that a pause in the increases is coming.

U.S. Treasuries surge, as investors seek out safer assets amid worries about U.S. banks and as economic data points to a softening labor market.