News

Fed’s Bowman backs July rate cut citing weak inflation and fragile labor market
Federal Reserve Vice Chair for Supervision Michelle Bowman said Monday she would support cutting interest rates as soon as ...
What division inside the Fed means for future rate cuts
Fed Chair Jerome Powell has sketched out new conditions that could trigger rate cuts by summer’s end, but inflation remains a ...
Fed vs.Trump: how tariffs impact on economy soon will be put to test
A pair of key reports — the monthly jobs report and another on consumer prices — will be critical in determining the central ...
Fed says most policymakers see risks tariffs will cause ‘persistent’ inflation
“While a few participants noted that tariffs would lead to a one-time increase in prices and would not affect longer-term inflation expectations, most participants noted the risk that tariffs could ...
Fed Split Widens as Powell Holds, Waller Calls for Cuts, Dollar Slides Further
Powell holds cautious Fed stance as Bostic resists cuts while Waller, Bowman push for July easing. Dollar weakness signals ...
‘ANYBODY BUT “TOO LATE”‘: Who’s on Trump’s short list to replace Powell as Fed chairman
President Donald Trump is narrowing down his short list of successors to Fed chair Jerome Powell, with top picks including two Kevins, and a Cabinet secretary.
Real World Economics: Fed up? Delusions about the central bank continue
The Federal Reserve has gotten lots of media attention recently, notwithstanding everything else that’s happening in the ...
Big banks all pass the Federal Reserve’s stress tests, but the tests were less vigorous this year
NEW YORK (AP) — All the major banks passed the Federal Reserve’s annual “stress tests” of the financial system, the central ...