News

A weak housing market could deliver rate cuts and rescue the Fed from Trump
"Toward the end of the year, the housing market may become a bigger deal for inflation than tariffs," Comerica Bank chief ...
Federal Reserve independence at risk from Trump's pressure campaign, J.P. Morgan warns
J.P. Morgan warned in a note that Trump's pressure on the Federal Reserve and threats to fire Chair Powell could undercut ...
Trump admin updates: Trump wants Senate to cancel August recess to work on nominees
Trump urged Senate Majority Leader John Thune to cancel the August congressional recess to allow for the confirmation of his ...
Trump's Fed attacks puncture veneer of central bank independence
If U.S. President Donald Trump's public attacks on Federal Reserve Chair Jerome Powell have achieved one thing, it has been ...
Trump says Federal Reserve should lower interest rates by 3 points
The Bureau of Labor Statistics on Tuesday released June inflation data, showing prices increased from the prior month. Hours ...
Bessent Told Trump Not to Fire Powell, Report Says. Why His Reasons Could Boost Markets.
The President has repeatedly criticized Powell for not cutting interest rates, and he escalated his attacks on the Fed chair ...