News

Investors seek protection from risk of Fed chief's ouster
President Donald Trump's renewed calls for Federal Reserve Chair Jerome Powell's resignation have prompted investors to ...
June CPI: Fed still needs 'reassurance' to cut rates
The latest Consumer Price Index (CPI) data came in hotter than expected, with inflation rising 2.6% in June, higher than the ...
Inflation report to arrive as Trump, Fed disagree over tariff risks
National Economic Council Director Kevin Hassett, a top economic advisor to Trump, on Monday rebuked concerns about ...
Bessent Says ‘Formal Process’ Underway To Find Fed Chair Powell’s Successor, Report Says
Treasury Secretary Scott Bessent told Bloomberg on Tuesday a “formal process” has been launched to find Federal Reserve Chair ...
Traders stick to bets on September Fed rate cut after inflation report
The Federal Reserve will likely be able to start cutting short-term borrowing costs by September, traders continued to bet on ...
Trump urges rate cuts to boost savings, but Fed says economy is strong
Economic experts say the Federal Reserve is unlikely to cut rates despite President Donald Trump's demands due to uncertainty ...
A Fed Nightmare Is Suddenly Coming True Just As Bitcoin Hits Another All-Time High Price
Trump is threatening to create a Federal Reserve independence nightmare for markets as the bitcoin price hits an all-time ...
Aspiring Fed chairs play to an audience of one
Kevin Hassett, Trump’s adviser and current director of the National Economic Council, gave an interview with CNBC on Sunday ...
Fed’s Bowman Urges Banks to Do More to Improve Credit Access
Michelle Bowman, the US Federal Reserve’s top bank cop, encouraged the financial industry to consider more innovation as one ...
Fed's inflation fears start to be realized with June CPI increase
By Howard Schneider WASHINGTON (Reuters) -Rising prices across an array of goods from coffee to audio equipment to home ...