News

Trump demands 'terrible' Fed chair Powell resign immediately, calls for rate cuts
President Donald Trump on Tuesday said Federal Reserve Chairman Jerome Powell to resign immediately, and renewed his calls ...
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 ...
Fed minutes likely to shine light on divide over tariffs, rates outlook
The minutes from the Federal Reserve's June 17-18 policy meeting are expected on Wednesday to show a divided central bank ...
Trump says Powell costs US $900B a year in interest by not cutting rates. Is he right?
President Trump says Fed rate cuts would save the government as much as $900 billion a year in interest payments on its debt.
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 ...
Two Kevins Battle to Be Next Fed Chair in Trump’s ‘Apprentice’-Style Contest
Kevin Hassett has emerged as a serious contender to succeed Jerome Powell, posing a possible threat to Kevin Warsh, an early ...
Fed chairs vows to stay course on interest rates as Trump ups attacks
As long as the economy is in solid shape, we think the prudent thing to do is to wait and see what those effects might be." ...
Fed Study Warns of Risk That Interest Rates Return to Zero
The research, co-authored by New York Fed President John Williams, tracks how the risk of reaching the zero lower bound—the ...