Tag: Federal Reserve
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...
Federal Reserve economists aren’t sold that AI will actually make workers more productive, saying it could be a one-off invention like the light bulb
A new Federal Reserve Board staff paper concludes that generative artificial intelligence (genAI) holds significant promise for boosting U.S. productivity, but cautions that its...
Trump rips into ‘stubborn’ Jerome Powell, calls for Fed’s board to launch a coup and seize power
President Donald Trump on Friday called for the Federal Reserve’s board of governors to usurp the power of Fed Chair Jerome Powell, criticizing the head...
Jamie Dimon doubles down on backing Powell despite Trump criticism, saying an independent Fed means lower rates
JPMorgan Chase CEO Jamie Dimon has doubled down on his support for Fed chairman Jerome Powell—despite criticism from the Oval Office of the Fed’s...
Jerome Powell’s Federal Reserve holds rates steady despite immense pressure from Trump to cut, cut, cut
The Federal Reserve maintained rates on Wednesday, holding up against the pressure of President Donald Trump and his recently escalated rhetoric.
The Fed, while it...
