News

Trump fires US labor official over data and gets earlier than expected chance to reshape Fed
In a second surprise economic policy development, Fed Governor Adriana Kugler unexpectedly announced her resignation on ...
Trump calls on Federal Reserve board to wrest full control of central bank from Fed Chair Powell
President Donald Trump is calling for the Federal Reserve’s board of governors to usurp the power of Fed Chair Jerome Powell.
The Fed's Preferred Inflation Gauge Shows Rising Price Pressures
Inflation picked up in June, as measured by the Federal Reserve's preferred gauge, reflecting the continued price pressures ...
A Split Fed Holds Interest Rates Steady, Defying Political Pressure
For the first time since 1993, two members of the central bank’s policy committee broke from the pack, but interest rates ...
Weakening US jobs market hits center of Fed rate policy debate
Surprisingly weak July hiring data released on Friday highlighted a fractious Federal Reserve debate over whether the central ...
Here's the case for lower rates from the Fed's 2 dissenting voices
The Fed opted against cutting rates, but a rare dissent from two governors says the central bank risks being too late amid a ...
The Jobs Report Stunned. The Fed Has to Recalculate.
The Fed’s next policy meeting is six weeks away. That leaves time for another jobs report, fresh inflation data, and the ...
Municipal Bonds Rally as Investors Bet on Earlier Fed Rate Cut
Municipal bonds are rallying on Friday, along with US Treasuries, after softer US jobs data spurred bets that the Federal ...