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Eleanor Pringle

Eleanor Pringle

Fortune

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The next time the Fed moves it’ll be to hike, according to one economist—whether or not Trump gets his new Fed chair

"We see the next policy move as a hike with the most likely timing in 1H27," wrote David Doyle.

friday 10

Fortune

Eleanor Pringle

1 in 5 Americans thinks it’s ‘morally wrong’ to be a billionaire—Gen Z in particular finds it distasteful

People aged between 18 and 29, who are Gen Z, were the most likely to find extreme wealth distasteful. One-third said it was morally wrong.

19.03.2026 10

Fortune

Eleanor Pringle

Trump started a battle with Jerome Powell, but the Fed chairman is winning the war: He won’t leave until probe is ‘well and truly over’

"If my successor is not confirmed by the end of my term as chair, I would serve as chair until he is confirmed. That is what the law calls for."

19.03.2026 1

Fortune

Eleanor Pringle

Economists are ‘loath’ to call a recession, but the odds just hit 49% for the next 12 months according to Moody’s top economist

"If oil prices remain elevated for much longer (weeks and not months), a recession will be difficult to avoid," Zandi said.

18.03.2026 10

Fortune

Eleanor Pringle

A market correction of 10% could be on the cards as consumer psychology shifts due to gas prices, says top economist

"The key issue is not simply crude oil itself. It is gasoline, the most visible price in the economy for consumers, and when that price jumps it hits...

17.03.2026 10

Fortune

Eleanor Pringle

This week is Jerome Powell’s penultimate meeting as chairman of the Fed—don’t expect him to drop Wall Street many hints

"Only expect minor statement tweaks, including smoothed language on recent labour data," noted Deutsche Bank's Jim Reid.

16.03.2026 20

Fortune

Eleanor Pringle

The war with Iran has defense experts wondering if Khamenei will attempt to activate sleeper cells on U.S. soil

"It's one thing to want to do something and then it's another to be able to do something."

15.03.2026 10

Fortune

Eleanor Pringle

When Jamie Dimon was fired from Citigroup, his daughters asked: ‘Will we be homeless? Can I still go to college? Can I have your phone?’

Jamie Dimon recalled his 1998 firing from Citigroup and how buying $60 million in Bank One stock marked his comeback to lead JPMorgan Chase as CEO.

13.03.2026 10

Fortune

Eleanor Pringle

Stagflation risks are rising due to Iran conflict, as economist warns it’s ‘getting harder to argue disruption will be temporary’

"Clearly, the longer that oil remains at these levels, expectations of a sustained shock will only grow," Deutsche Bank's Jim Reid said.

12.03.2026 60

Fortune

Eleanor Pringle

Trump may claim the war is ‘complete,’ but Wall Street expects the Fed to stay hawkish long after the conflict has ended

Even if the war winds down around month-end, that's still enough time "to cause psychic damage to investors, consumers, and adversely affect economic...

11.03.2026 10

Fortune

Eleanor Pringle

‘This cannot be sustainable’: The U.S. borrowed $50 billion a week for the past five months, the CBO says

"We need policymakers to come together, agree to reduce deficits ... and put our national debt on a downward sustainable path as a share of the...

10.03.2026 1

Fortune

Eleanor Pringle

When it comes to the war in Iran don’t go betting on the TACO trade, says top J.P. Morgan investment strategist

“As a strategist, the risk case that we’re worried about is that there’s a lot of potential paths that this can take, that are out of the...

09.03.2026 5

Fortune

Eleanor Pringle

The Treasury may need to borrow an extra $1.6 trillion to cover the hole left by tariff ruling and a pay further $400 billion in debt interest

In total, deficits post-ruling will be $2 trillion larger than they were before the Supreme Court decision.

06.03.2026 10

Fortune

Eleanor Pringle

A shiny new Fed Chairman will be keen to start with an interest rate cut—but the bank is growing more hawkish due to Iran

"Clearly there’s growing scepticism that a new Chair can start cutting straight away, particularly with the data as strong as it is right now,"...

05.03.2026 9

Fortune

Eleanor Pringle

American consumers are the ultimate losers in the ‘immense mess’ that is $175 billion tariff refund, says Trump’s former commerce secretary

The Supreme Court ruling also allowed Trump a peculiar loophole to strengthen his hand against bargaining partners, Ross said.

05.03.2026 87500

Fortune

Eleanor Pringle

U.S. has shown China and Russia ‘who really is a military power,’ says Trump’s ex-commerce secretary—don’t expect them to get involved in Iran

Speaking exclusively with Fortune, Ross said Iran "is going at least as well as anyone could have hoped," and that he is "intrigued" that China and...

04.03.2026 10

Fortune

Eleanor Pringle

Jamie Dimon has a feeling inflation will be the ‘skunk at the party’—and the Iran conflict may already be enough to scare off the Fed for good

"We look at risk, at the broad range of outcomes, and there are negative outcomes. One of them would be inflation, I call it the skunk at the party,"...

03.03.2026 10

Fortune

Eleanor Pringle

Trump’s action against Iran is yet another wobble for government debt, warns UBS

"President Trump indicated attacks could go on for four or five weeks, and there are already reports of a need to urgently replenish weapons...

02.03.2026 30

Fortune

Eleanor Pringle

Your grandparents are the reason the U.S. isn’t in a recession right now. That won’t last forever

Boomers—particularly wealthy older people—are "driving the train" when it comes to the economy right now, economists told Fortune.

01.03.2026 30

Fortune

Eleanor Pringle

Come 2030, the U.S. deficit will be worth 5.9% of GDP—more than the spending on social security, and equal to major health programs

Come 2030, the annual deficit will be worth roughly 5.9% of GDP, on par with the provisions set aside for health and social security programs, and...

26.02.2026 5

Fortune

Eleanor Pringle

Gen Z and young millennials are the only ones feeling good about the economy—everyone else is worrying about trade and inflation

"Comments about prices, inflation, and the cost of goods remained at the top of consumer’s minds. Mentions of trade and politics also increased in...

25.02.2026 10

Fortune

Eleanor Pringle

Jamie Dimon’s got some advice to investors riding high on asset prices: ‘Take a deep breath and watch out’

"If you read history books, there are a lot of examples where you could get surprised," Dimon told analysts yesterday.

24.02.2026 10

Fortune

Eleanor Pringle

Scott Bessent has ‘got a feeling’ that $175 billion raised under IEEPA is lost to the American people for good

"My sense is that could be dragged out for weeks, months, years," Treasury Secretary Scott Bessent said.

23.02.2026 1000

Fortune

Eleanor Pringle

Jerome Powell knows the Fed’s balance sheet got too big—Kevin Warsh has a plan, he just has to sell it without freaking out the markets

"I've got a lot of sympathy for Warsh's view. But the transition from here to where he wants to get, could be problematic."

21.02.2026 150

Fortune

Eleanor Pringle

Trump’s justification for the tariffs was rebalancing the trade deficit—it’s not going the way he wanted

Perhaps unsurprisingly, given the escalating tensions between Washington and Beijing, in 2025 the deficit with China decreased $93.4 billion to $202.1...

20.02.2026 10

Fortune

Eleanor Pringle

A headache is already emerging for Kevin Warsh at the Fed: some members aren’t just resisting a rate cut, they’re open to a hike

"While Warsh may enter with a perceived dovish bias, he will first need to demonstrate that his views are anchored in economic fundamentals rather...

19.02.2026 10

Fortune

Eleanor Pringle

Job hopping for better wages no longer pays off the way it used to, ADP analysis says

In some roles, it actually pays to stick with the same employer. In leisure and hospitality and IT, workers who stayed in their roles actually saw...

18.02.2026 10

Fortune

Eleanor Pringle

Jerome Powell is facing a ‘puzzlement’ of economic data, with contradictions likely to freeze any immediate action on the base rate

"Such confusion often leads to inertia, and we suspect that there will be no knee-jerk policy reaction to any of the week’s reports," Oxford...

17.02.2026 20

Fortune

Eleanor Pringle

Brian Moynihan isn’t so worried about an AI jobs bloodbath, pointing to a 1960s theory that computers would end all management roles

"People wrote ... in 1969 that there would be no managers left in business because the computer itself would eliminate the need for managers, because...

16.02.2026 40

Fortune

Eleanor Pringle

Trillion-dollar AI market wipeout happened because investors banked that ‘almost every tech company would come out a winner’

"Nobody truly knows who the long-term winners and losers of this extraordinary technology will be," Deutsche's Jim Reid wrote this morning.

16.02.2026 20

Fortune

Eleanor Pringle

We’ve probably already seen ‘Peak Trump,’ says PIMCO, with the Oval Office now constrained by courts and midterms

"Markets may be reminded that under the U.S. Constitution, no president—even one as historic as President Trump—has unchecked power," PIMCO's...

13.02.2026 40

Fortune

Eleanor Pringle

Welcome to the ‘E-shaped’ economy: Wealth gap is no longer between just high and low earners, the middle class is also struggling out on its own

A look at BofA's data shows the shape of the consumer economy is no longer a K—if we're sticking with the alphabet theme, one might suggest an 'E'...

12.02.2026 9

Fortune

Eleanor Pringle

America’s national debt borrowing binge means interest payments will rocket to $2 trillion a year by 2036, CBO says

Annual interest payments will double to $2.14 trillion by 2036, nearly double the yearly budget for spending on defense.

12.02.2026 200

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Eleanor Pringle

Trump’s Canada bridge meltdown dismissed by UBS as an unlikely TACO trade ‘in the post-Heated Rivalry environment’

Trump's claim that a trade deal between China and Canada would result in an ice hockey ban "perhaps underestimates the general Canadian support for...

10.02.2026 7

Fortune

Eleanor Pringle

China might be beginning to back away from U.S. debt as investors get nervy about over-exposure to American assets

BRIC nations have been "quietly leaving the Treasury market," ING observed in December.

09.02.2026 6

Fortune

Eleanor Pringle

Software selloff giving you deja vu? We’ve been here before, says Deutsche Bank, when the dotcom bubble burst

"Interestingly, that pattern echoes what we saw in 2000 as the dot-com bubble started to burst," Deutsche's Henry Allen wrote. "Equities started to...

06.02.2026 8

Fortune

Eleanor Pringle

Trump may have shot himself in the foot at the Fed, as Powell could stay on while Miran resigns from White House post

The Democrat roadblock was expected but “raises the prospect of Chair Powell staying on as FOMC chair (not Board of Governors chair) beyond May,”...

04.02.2026 9

Fortune

Eleanor Pringle

Ken Griffin is apparently done with ‘sucking up’ to the White House

"Most CEOs just don't want to find themselves in the business of having to, in some sense, suck up to one administration after another to succeed in...

04.02.2026 10

Fortune

Eleanor Pringle

President Trump just missed a key legal deadline for his spending plans—stoking economists’ fears over the $38.5 trillion national debt

"We won’t be able to fix the debt without touching Social Security, Medicare, defense, or revenue—the math just doesn’t work. And...

03.02.2026 10

Fortune

Eleanor Pringle

Trump ‘woke the rest of the world up’ to leveraging economic firepower against trade partners, says Morgan Stanley CIO

“Our view is that this is a multiyear phenomenon that is worth investing in,” Morgan Stanley Wealth Management’s Lisa Shalett said.

02.02.2026 7

Fortune

Eleanor Pringle

‘FOMO’ trade finally loses steam as gold and silver sink on Warsh nomination

"Price action had long since detached from any sane discussion on debasement, but it often takes only a small ripple to trigger a broader correction,"...

02.02.2026 7

Fortune

Eleanor Pringle

‘I just don’t have a good feeling about this’: Top economist Claudia Sahm says the economy quietly shifted and everyone’s now looking at the wrong alarm

EXCLUSIVE: The creator of the Sahm Rule on why she's concerned about the long-term health of America's economy.

31.01.2026 20

Fortune

Eleanor Pringle

Trump’s unlikely promise to ‘end inflation’ still saw families paying an extra $2,120 for goods and services in 2025

EXCLUSIVE: The year-on-year inflation increase equates to an added cost of $2,120 per household, assuming they purchased the same goods and services...

31.01.2026 10

Fortune

Eleanor Pringle

Meet Trump’s next Fed Chair Kevin Warsh: He wants a back-seat central bank, a more bullish monetary policy, and for his dog to live a really long time

Trump confirmed Warsh as the Fed chair nominee Friday morning. Here's what might be in store for the central bank.

30.01.2026 20

Fortune

Eleanor Pringle

Get used to the K-shaped economy. It’s likely here until 2035, thanks to AI’s outsized benefit for the wealthy

"Eventually it might bring things together, but in the meantime ... it's unlikely that AI helps at all with the K-shaped economy," Innes McFee, CEO of...

29.01.2026 20

Fortune

Eleanor Pringle

Don’t hold your breath for a Fed rate cut any time soon. In fact, some say a hike could be on the cards

"Underpinning this is our belief that the labor market is improving, and that unemployment will decline ahead on a trend basis," wrote the Macquarie...

27.01.2026 5

Fortune

Eleanor Pringle

Government shutdown odds hit 79% as Capitol Hill fractures over Minnesota shooting

Chris Murphy, the Senator for Connecticut, highlighted that a government shutdown could "easily" be avoided if President Trump chose to remove the...

26.01.2026 10

Fortune

Eleanor Pringle

Jamie Dimon is done being ‘binary’: On Trump’s ‘economic disaster’ credit card plan, foreign policy, and NATO

"Since there's a huge disagreement on this one ... I think we should test it," Dimon said of Trump's 10% credit card rate cap.

22.01.2026 10

Fortune

Eleanor Pringle

Ken Griffin says America was sent an ‘explicit warning’ from the bond market and it’s time to get the national debt in order

"I think there's an explicit warning that if your fiscal house is not in order, the bond vigilantes can come out and retract their price," Ken Griffin...

22.01.2026 20

Fortune

Eleanor Pringle

Jamie Dimon says he’d have no issue paying higher taxes if it actually went to people who need it. Right now it just goes to the Washington ‘swamp’

“If you said, ‘Raise taxes and directly give it to the people who need it’? I’d do it.”

22.01.2026 10

Fortune

Eleanor Pringle