Fed’s Powell says more ‘good’ inflation data would bolster case for rate cuts

Strategas’ Jason Trenerth says it’s hard not to get involved in the stock market on “Maria Bartiromo’s Wall Street.” Chairman of the Federal Reserve System Jerome Powell He said Tuesday that policymakers were encouraged by recent data suggesting inflation was receding, and continued progress would strengthen the case for cutting interest rates. “The data for […]

Freedom Caucus votes to remove Davidson after he endorsed Good challenger

The conservative House Freedom Caucus voted Monday night to expel Rep. Warren Davidson, R-Ohio, from its caucus after he endorsed a primary challenger to the group’s chairman, Rep. Bob Good, R-Va. Members of the group and sources familiar with the matter told The Hill that the conservative coalition voted 16-13 in a closed-door meeting to […]