News

Meddling With the Fed Could Backfire on Trump
Slashing government interest rates could have the paradoxical effect of raising the interest rates paid in the real world.
Fed officials, banking experts discuss regulatory rewrite effort at conference
The Federal Reserve continued work on its comprehensive effort to rewrite bank rules with a daylong conference at its ...
Jerome Powell must quit to save the Fed, one prominent economist says
The Federal Reserve’s independence from political interference, viewed as sacrosanct inside the central bank, is under siege.
Why Bessent is now saying Powell doesn’t need to resign from Fed
“Bessent is trying to show Trump there is a path to get what he wants without unnecessary market turmoil,” said Stephen Myrow ...
Fed Chair Powell Opens Conference Without a Word on Monetary Policy
In opening a Federal Reserve conference on banking regulation on Tuesday, Chair Jerome Powell skipped making any controversy ...
Top Trump official slated to inspect Fed's $2.5B renovation amid cost scrutiny
White House deputy chief of staff James Blair will visit the renovation site at the Federal Reserve's headquarters amid ...
Bessent: The Trump administration should look into the Fed’s ‘many mistakes’
Treasury Secretary Scott Bessent said Monday he believes the Federal Reserve system should be reviewed for potentially ...
Amid calls for Powell’s ouster, Bessent says Fed chief should serve out his term
Treasury Secretary Scott Bessent offered support for Jerome Powell amid regular attacks from Trump administration officials, ...
Fed Newly Defends Renovations as White House Intensifies Attacks
The Trump administration has seized on the Federal Reserve’s renovation of its building in what legal experts say could be ...
Fed still set for extended hold in 2025, but likelihood of easing is rising
For the moment, our central forecast still sees the Fed remaining on hold throughout 2025. For 2026, we have changed our base ...
US Fed independence under threat, say economists, but no one expects a July rate cut- Reuters poll
The U.S. Federal Reserve's independence is under threat from mounting political interference, according to a clear majority ...