News

No rate cut likely on Wednesday as Fed continues wait-and-see posture Uncertainty high over how tariffs will affect the economy Payrolls strength gives Fed room to keep waiting Trump, wanting rate ...
WSJ’s Nick Timiraos and former Fed Vice Chairman Richard Clarida explain how much influence the White House has over the central bank. Photo Illustration: Rio Roye and Annie Zhao The haphazard ...
Trump called Fed Chair Jerome Powell a "major loser" in a Truth Social post last month. Deutsche Bank said in a note on Monday that its US economists "expect the Fed to keep rates steady and avoid ...
Rather than a panicky response to a crisis situation, the decision amounted to the Fed’s taking out some insurance to protect the labor market from weakening too much. In a barrage of attacks on ...
But, for sure, a slowdown is coming (or has already arrived). The Fed meets on May 6-7. Powell has indicated that the Fed would like to see “hard data” before it acts. 11 That is, the ...
Trump took to Truth Social Friday morning to again call on the Fed to cut rates. Trump claimed there's "no inflation," but prices are still rising. Consumer prices rose 2.4% year-over-year in ...
So that’s a market signal that they think the Fed should be cutting,” Bessent said in an interview on Fox Business Network's "Mornings with Maria" on Thursday morning.
And he is not happy with the caution of Fed Chair Jerome Powell, who has said the central bank will "wait for greater clarity" while weighing both sides of its mandate for stable prices and full ...
After causing a sharp drop in financial markets two weeks ago by saying he could fire Fed Chair Jerome Powell, Trump subsequently backed off and said he had no intention of doing so. Still ...
US Treasury Secretary Scott Bessent urges the Federal Reserve to cut rates, highlighting that two-year yields (2YY=F) are lower than the Fed fund rate, adding fuel to the contentious relationship ...
Kevin Warsh was sitting in the East Room of the White House when President Donald Trump took a beat to praise the former central banker. At the January 2020 signing ceremony, Trump turned to the ...
The latest Fed survey shows how companies are responding to higher tariffs, and the top response is that companies are passing cost increases through to consumers. In last place: "Relocating ...