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 ...
Why the June CPI Isn’t a Gamechanger for the Fed
The June inflation data is likely to keep Federal Reserve officials cautious, open to cutting interest rates later this year ...
Fed's inflation fears start to be realized with June CPI increase
Rising prices across an array of goods from coffee to audio equipment to home furnishings pulled inflation higher in June in ...
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 ...
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 ...
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 Collins urges patience on rates, says tariff hit may be more modest
Boston Federal Reserve President Susan Collins said on Tuesday she's in no rush to change the U.S. central bank's benchmark ...