• Feb 12, 2025

Fed's Powell sees a ways to go on shrinking Fed holdings

Over two days of testimony this week before Congress, Federal Reserve Chairman Jerome Powell indicated there's no imminent end to the central bank's balance sheet wind down process, as some banks have moved to push back their own end date for a process commonly referred to as quantitative tightening. “I think we have a ways to go” on reducing the size of central bank bond holdings and there are no signs yet that market liquidity has shrunk enough to affect the Fed's reduction in holdings of Treasury and mortgage bonds, Powell told a House panel Wednesday. Powell's observations on quantitative tightening, or QT, comes as the Fed has shed just over $2 trillion from its holdings.

  • Feb 12, 2025

Oil Declines on Trump’s Plan to Talk With Russia on Ukraine War

(Bloomberg) -- Oil fell after US President Donald Trump said he spoke with Russian President Vladimir Putin, sparking speculation that risks to crude supplies in the region may ease.Most Read from BloombergWhy American Mobility Ground to a HaltSaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterSpaceX Bid to Turn Texas Starbase Into City Is Set for Vote in MayCutting Arena Subsidies Can Help Cover Tax Cuts, Think Tank SaysTrump said the leaders agreed to begin talks on ending the war in

  • Feb 12, 2025

Fed Needs Clarity on New Policies Before Rate Cuts, Bostic Say

(Bloomberg) -- Federal Reserve Bank of Atlanta President Raphael Bostic said the central bank must gain more insight on proposed policy changes on issues like trade and immigration before adjusting interest rates.Most Read from BloombergWhy American Mobility Ground to a HaltSaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterSpaceX Bid to Turn Texas Starbase Into City Is Set for Vote in MayCutting Arena Subsidies Can Help Cover Tax Cuts, Think Tank Says“My view is until we have more clar

  • Feb 12, 2025

Powell Says New Inflation Data Show Fed Has More Work to Do

(Bloomberg) -- Federal Reserve Chair Jerome Powell said the latest consumer price data show that while the central bank has made substantial progress toward taming inflation, there is still more work to do.Most Read from BloombergWhy American Mobility Ground to a HaltSaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterSpaceX Bid to Turn Texas Starbase Into City Is Set for Vote in MayCutting Arena Subsidies Can Help Cover Tax Cuts, Think Tank SaysThe Forgotten French Architect Who Rebuilt

  • Feb 12, 2025

Small carrier market update: The freight market’s slow, steady climb toward tightening

If you’re a small carrier, you’re likely wondering what happened to the shift in the market — the key word here is gradual. While many of the signals point to a tightening freight market, the reality is that the road back to a balanced supply-and-demand cycle is moving at a slow crawl rather than a […] The post Small carrier market update: The freight market’s slow, steady climb toward tightening appeared first on FreightWaves.