News

July inflation data suggests the FOMC's dual mandate may not be in as much of a pickle as economists previously feared.
Citing sharp downward revisions to U.S. job growth, Bowman reiterated her forecast for three cuts this year while warning ...
Treasury Secretary Scott Bessent is pushing for 50bps to offset missed opportunities earlier this summer, but some analysts ...
Trump on Tuesday ramped up his pressure on Jerome Powell to cut interest rates, threatening to allow a lawsuit over the central bank’s $3.1 billion renovation project to move forward.
President Donald Trump touted a "major lawsuit" against Federal Reserve Chair Jerome Powell over the rising costs of the renovation of Fed buildings.
Treasury Secretary Bessent urges a Fed rate cut of 50 basis points in September, citing weak jobs data and stable inflation ...
President Trump is fond of telling people how intelligent and well-educated he is. He did receive a Bachelor of Science Degree from the Wharton School of the University of Pennsylvania ...
Jeremy Siegel thinks rate cuts at all FOMC meetings through next March are justified, taking the federal-funds rate down toward 3%.
Trump confirmed Treasury Secretary Scott Bessent declined the role, saying, “I want to work with you,” while market-watchers ...
The way the Fed is designed, there isn’t too much the new Fed chair can do outside of setting a change in tone and publicly pushing for a new direction.
The gap, or impact on GDP, was closer to 25 to 40 basis points. At 50 percent, almost 50 percent of our exports to the US ...
Miran, an architect of Trump’s tariff policy, would be a temporary fix. He’d serve the remainder of outgoing Fed Gov. Adriana ...