News

Trump criticizes Federal Reserve's $3.1B renovation spending as completely wasteful government expenditure
Trump announced a press conference on Washington D.C. crime and beautification while criticizing Federal Reserve's $3.1 ...
Jerome Powell hit with a criminal referral over Fed's $2.5B renovation project — what it might mean for your nest egg
Federal Reserve Chair Jerome Powell faces a criminal referral from Republican Congresswoman Anna Paulina Luna — the latest ...
Bessent says new Fed chair should be someone who can examine organization, Nikkei reports
U.S. Treasury Secretary Scott Bessent said the new Federal Reserve chair should be someone "who can examine the whole ...
Trump announces Stephen Miran as pick for Federal Reserve board as speculation swirls around Powell replacement
WASHINGTON — President Trump appointed one of his top economic advisers to serve on the Federal Reserve Board of Governors ...
Fed recap: Powell says no decision on September, must wait to see tariff impact on inflation
The central bank kept its target rate at a range of 4.25% to 4.50%, but two policymakers disagreed with the decision.
A top Federal Reserve official says dour jobs data backs the case for 3 rate cuts
A top official at the Federal Reserve is saying that this month's stunning, weaker-than-expected report on the U.S. job ...
Bessent leads broad search for Fed chair that includes Bullard, Sumerlin
U.S. Treasury Secretary Scott Bessent is leading a search for a successor to Federal Reserve Chair Jerome Powell, with an ...
JPMorgan predicts Fed will cut rates in September — and four total times this year
The bank expects a quarter-point cut when the Fed next meets, followed by three more cuts of the same size at later meetings.