News

White House makes bold decision on Fed Chair Powell's future
The Fed’s prudent “wait-and-see” approach has the White House enraged. Trump has been very vocal that the politically independent central bank needs to slash the funds rate immediately by over 3%.
Tariffs Fuel Inflation Risks: Fed Minutes Could Signal Rate Cut Divides
Fed minutes may reveal splits on rate cuts as Trump’s new tariffs fuel inflation risk. Traders brace for volatility in bond ...
New York Post19d
Fed’s Bowman backs July rate cut citing weak inflation, labor fragility
Fed’s Bowman backs July rate cut citing weak inflation and fragile labor market By Ariel Zilber Published June 23, 2025, 3:07 p.m. ET ...
The Associated Press on MSN19d
Federal Reserve's Bowman says rate cut should be on table in July
Federal Reserve governor Michelle Bowman on Monday said the central bank should consider cutting its key interest rate as soon as its next meeting in July, underscoring deep divisions among Fed ...
USA Today20d
Fed's Bowman eyes July rate cut, downplays tariff-driven inflation
Bowman’s openness to cutting rates soon is joined by that of Fed Governor Christopher Waller, who said in a television interview Friday he’d also consider a rate cut at the July 29-30 meeting.
Three reasons the Fed will stand pat on interest rates
Policy is rightly locked on hold over the near-term in part because the uncertainty surrounding the Trump administration’s ...
‘ANYBODY BUT “TOO LATE”‘: Who’s on Trump’s short list to replace Powell as Fed chairman
President Donald Trump is narrowing down his short list of successors to Fed chair Jerome Powell, with top picks including two Kevins, and a Cabinet secretary.
Fed vs.Trump: how tariffs impact on economy soon will be put to test
A pair of key reports — the monthly jobs report and another on consumer prices — will be critical in determining the central ...
Fed says most policymakers see risks tariffs will cause ‘persistent’ inflation
“While a few participants noted that tariffs would lead to a one-time increase in prices and would not affect longer-term inflation expectations, most participants noted the risk that tariffs could ...