News

The Federal Reserve Isn’t What Pundits Want It To Be, And Never Was
The idea that Jerome Powell, his lieutenants, and hundreds of egghead economists under them could engineer “price” anything ...
Trump: Treasury Secretary Scott Bessent doesn't want to be Federal Reserve chair
President Donald Trump said Tuesday that Treasury Secretary Scott Bessent is no longer a possibility to replace Federal ...
Q&A: What Do Federal Reserve Officials Hope to Learn in Two Months?
Setting rates is sometimes more art than science, especially when the economy keeps defying predictions. Fed officials are ...
‘Give me a break’: Trump says he hired Fed chair Powell as a ‘favor’ after CNBC host presses him on labor bureau firing
Trump defended his recent decision to fire head of BLS while distancing himself from his past decision to hire Fed chair ...
The Federal Reserve’s power: Congress giveth and Congress can taketh away
"Don't forget, our Federal Reserve is not at all a part of our Constitution. It's a creature of the U.S. Congress, created by ...
Kugler’s sudden exit from Fed accelerates Powell succession planning: UBS
The unexpected resignation of Federal Reserve Governor Adriana Kugler on Friday has fast-tracked the search for a successor ...
Jim Cramer Has Blunt Message for Fed Chair Powell After July Job Numbers Tanked
In light of a disappointing jobs report released on Friday, Jim Cramer has urged the Federal Reserve to implement a cut in ...
Fed Chair Powell says economic growth moderating despite strong Q2 GDP
Federal Reserve Chair Jerome Powell downplayed strong Q2 GDP, instead flagging moderating economic growth over H1 of 2025.