Tag: Federal Reserve
Jerome Powell’s job just got a whole lot easier as inflation data sidesteps disaster
July’s inflation report went about as well as the Fed (and the White House) could have hoped for.
The Consumer Price Index (CPI) summary...
Fed Governor Bowman says weak jobs report backs her view for 3 rate cuts this year
A top official at the Federal Reserve said Saturday that this month’s stunning, weaker-than-expected report on the U.S. job market is strengthening her belief that interest...
Trump’s pick for the Fed ‘fuels an existential threat’ as central bank independence is targeted, JPMorgan says
The Federal Reserve could be getting more than another dovish vote with the appointment of Stephen Miran as governor.
It could signal an intention...
Top economist says Trump’s Fed pressure may not be felt for years: ‘You can appear to get away with a lot while you’re actually doing a lot of damage’
President Donald Trump is rapidly tightening his grip on institutions that have long been thought to operate independently of the White House.
Last week, he...
Markets are near-certain of a September rate cut as more presidents turn dovish overnight
For the majority of 2025, analysts and investors have begrudgingly backed the stance of Jerome Powell and the Federal Open Market Committee (FOMC). Looking...
Who’s on Trump’s shortlist for Jerome Powell’s replacement
In 12 months’ time a different hand will be guiding the Federal Reserve. Chairman Jerome Powell is due to stand down in May of...
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...
The Federal Reserve’s power: Congress giveth and Congress can taketh away
The White House’s relentless pressure on the Federal Reserve has kindled a debate on the central bank’s independence and role in the economy.
While President...
A vacancy on the Fed is opening early as Trump urges board to ‘assume control’ if Powell doesn’t cut rates
Fed Governor Adriana Kugler announced Friday she is stepping down from her position earlier than expected, giving President Donald Trump the chance to expand...
Everyone’s watching Jerome Powell as warnings flash for the U.S. economy
A surprisingly weak July employment report has intensified expectations that the Federal Reserve will resume cutting interest rates as soon as September, with mounting...
