The Senate looks poised to confirm President Trump’s pick to join the central bank in time for the policy meeting next week, while another governor’s fate remains up in the air.

Another inflation print from the US, and focus still remains on the labor market, where unemployment claims saw a significant spike this week. Read more here.

Markets have fully priced in a September cut and now anticipate three reductions this year, compared to two just weeks ago.

U.S. inflation picked up moderately in August, with prices up 2.9% from a year earlier. The Federal Reserve next meets Sept. 16-17.

A Fed rate cut is coming this week, but the pace of future cuts will be in focus. The implications of Oracle’s earnings on the AI-narrative are analyzed.

The Labor Department on Tuesday issued a stunning downward revision of 911,000 fewer jobs added for the 12 months through March 2025.

U.S. Treasury Secretary Scott Bessent met with BlackRock Inc executive Rick Rieder in New York on Friday, as the Trump administration continued its search for a new chair for the Federal Reserve, a source familiar with the matter said.

A close ally of Trump has predicted the president will “take the Fed over,” something that could up-end the global financial