Tag: fed interest rate
Labor department’s data upset may have sealed the deal for a base rate cut
Until Friday, analysts had little confidence that the U.S. Federal Reserve was about to deliver an interest rate cut, but last week’s revisions to...
Powell didn’t just refuse to deliver a rate cut—he also hinted a raise might have been on the cards
In a move that everyone was expecting, U.S. Federal Reserve Chairman Jerome Powell disappointed Donald Trump again yesterday by refusing to cut the base...
Trump has given Powell ‘no motivation to cooperate’ says former White House commerce secretary—he might now be paying the price for it
Despite insistence from President Trump that the base interest rate should be cut, it seems the policy and rhetoric out of the White House...
Presidential visits to the Fed in the past have been endorsements of its independence—Trump’s visit today? Not so much
Donald Trump is taking his battle with Jerome Powell to the doorstep of the Federal Reserve. Literally.
The president will be visiting the central...
Fed board member and possible Powell replacement says bank should cut rate this month because growth is slowing ‘significantly’
Christopher Waller, a member of the Fed’s governing board, said in a speech in New York City that the economy is showing signs of weakening, with...
Trump may be ‘extremely troubled’ by Fed’s approach according to new letter, but bank official stands firm on independence
As well as penning letters to hundreds of world leaders this week, the White House also found time to write to Fed chairman Jerome...
