Trump calls on Fed governor to resign
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Powell at Jackson Hole, Fed Minutes, Walmart Earnings
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Fed, US stocks
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The two Federal Reserve policymakers who dissented against the U.S. central bank decision's to leave interest rates unchanged last month appear not to have been joined by other policymakers in voicing support for lowering rates at that meeting,
Top Federal Reserve officials generally expect inflation to increase in the near term, according to minutes of the July meeting released on Wednesday. The only questions were how big the gain would be,
Powell is slated to give his annual address in Jackson Hole, Wyoming, on Friday. Swaps are pricing in a high probability the Fed will cut borrowing costs by a quarter point next month. In the face of mounting pressure from President Donald Trump for hefty reductions,
Fed rate cuts are unlikely to lower borrowing costs for American homebuyers, according to one CIO. Mortgage rates and home prices remain elevated.
The Federal Reserve is conducting technical research in such areas as tokenization, smart contracts, and artificial intelligence in payments, Fed Governor Christopher Waller said on Wednesday.
5hon MSN
Hassett likely to be Trump's pick for Fed chief, though Warsh is more qualified, CNBC survey finds
President Donald Trump will tap his top economic advisor Kevin Hassett to be the next Fed chair, according to respondents to a special Jackson Hole Edition of the CNBC Fed Survey. But when asked who the president should pick, Hassett ranked a more distant fourth.
Risks from a loss of independence at the Federal Reserve, coupled with a warning from S&P Global this week that the U.S. credit rating could be at risk, are creating the possi
A potential candidate to succeed Federal Reserve Chair Jerome Powell, David Zervos, said that it’s inaccurate to describe the US central bank as independent, and characterized the outgoing Fed chief as aligned with the political left.