News

'I would hope' Powell steps down from Fed board when chairmanship is up: Faulkender
Deputy Treasury Secretary Michael Faulkender told Yahoo Finance he would like to see Federal Reserve Chairman Jerome Powell ...
Both Kevins Will End the Fed's Deep State
There’s a great story on the front page of the Wall Street Journal today, called “Two Kevins Battle to Be Next Fed Chair in ...
Powell confirms that the Fed would have cut by now were it not for tariffs
The U.S. central bank would likely have begun cutting interest rates again if not for the levy plan, the Fed chief said.
A Hazy Inflation Outlook Divides the Fed
Minutes from the Fed’s June policy meeting tease at a looming split over whether and when officials will resume rate cuts.
Stocks close higher despite go-slow Fed, poor Prime Day showing
U.S. stocks closed higher even though Federal Reserve meeting minutes show no hurry to cut rates and Amazon's Prime Day falls ...
Can Trump tap Bessent to head the Fed and the Treasury at the same time? Here’s what the law says.
Treasury Secretary Scott Bessent is among the contenders to head the Federal Reserve. Can President Donald Trump have him do ...
Fed Minutes Show Diverse Views on Tariffs and Inflation
While generally saying the labor market remains solid and inflation elevated but showing progress toward the Fed’s 2% annual ...
Most Fed officials see rate cuts coming, but opinions vary widely on how many, minutes show
Federal Reserve officials diverged at their June meeting about how aggressively they would be willing to cut interest rates.