News

Possible Trump pick for Fed has a plan to cut interest rates, with a catch
Kevin Warsh, the former Fed governor considered the most likely replacement for Jerome Powell to lead the Fed, on Monday ...
Chances of Fed Interest Rate Cut Plunge After Strong Jobs Report
The U.S. economy added 147,000 jobs in June, beating analyst expectations, the Bureau of Labor Statistics reported.
Bessent: Trump Using "Bobby Knight... Working The Refs" Strategy On Fed/Interest Rates
Treasury Secretary Scott Bessent used a basketball metaphor to explian President Trump's unsually direct confrontation with ...
Fed study warns of risk that interest rates return to zero
New research from the Federal Reserve Banks of New York and San Francisco finds there is nearly a one-in-ten chance that ...
Fed Chair Powell says he won't rule out interest rate cut this month
Federal Reserve Chair Jerome Powell said on Tuesday he would not rule out a potential interest rate cut as soon as this month ...
Powell warns ending Fed interest on reserves would be 'volatile' and costly
Powell said when it comes to taking the interest on reserve power away, "there's an illusion that it would save money. That ...
Why the case for a Fed interest-rate cut in July may be getting stronger
Weaker labor-market data this week could bolster the case for the Federal Reserve to resume interest-rate cuts soon. “My view ...
Trump tariffs have delayed interest rate cuts, Federal Reserve Chair Jerome Powell says
Federal Reserve Chief Jerome Powell said it is premature to lower interest rates, citing the potential impact of tariffs.
U.S. Treasury Yields to Stay Elevated in Absence of Fed Rate Cut
Treasury yield edged lower. The Fed’s reluctance to cut interest rates could cause Treasury yields to remain elevated, BNP Paribas Asset Management said.
Fed Chair Powell confirms tariff concerns prevented interest rate cuts so far this year
Fed Chair Jerome Powell said tariff concerns delayed interest rate cuts, stating the central bank would have likely reduced ...
Majority of Fed Officials Leaning Against July Interest-Rate Cut
A flurry of Federal Reserve officials this week made clear they’ll need a few more months to gain confidence that ...
The Fed’s moves on interest rates aren’t just about Trump’s pick for chair. Here’s the math.
The Federal Reserve chair is one of 12 voters on the rate-setting committee. To what extent can the chair call the shots?