News

Trump may name a ‘shadow’ Fed chair, an unprecedented development in American history
President Donald Trump said last week that he will announce his pick to succeed Federal Reserve Chair Jerome Powell “very soon.” The problem is that Powell still has 11 months left until the end of ...
Stagflation threatens to hit the U.S. as it did 50 years ago, economist Zandi says
Even if oil prices aren't the reason, immigration policy and tariffs create concerns about inflation aside stagnant economic ...
Fed Could See Rare Interest-Rate Discord Next Month
That's how long it has been since two Federal Reserve governors dissented from a rate decision at the same meeting. But it could happen again at the central bank's July 29-30 meeting. Two governors ap ...
A look at who could replace Powell as Fed chair
A closer look at the people who may succeed Jerome Powell as the next Federal Reserve chair reveals a list of candidates with both pros and cons.
U.S. 10-Year Treasury Yield Seen in 4.0%-4.5% Range in Coming Months
Treasury yields should remain in the 4.0%-4.5% range in the second half of the year, with two Fed rate cuts likely, SocGen said adding it expected a modest increase in term premia.
Rupee's upside capped by dollar bids from foreign and state-run banks
The Indian rupee edged higher on Friday as the dollar grappled with concerns over the future independence of the Federal ...
Japanese Stocks Rally on Fed Rate Cut Hopes, Nikkei Hits 40,000
Japanese stocks rose tracking Wall Street’s gains as hopes of US interest rate cuts solidified and after US and China ...
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Barr: community development aids Fed's interest rate goals
Federal Reserve Gov. Michael Barr — who until February served as the agency's top regulator — said community development ...
Sen. Moreno calls on fed chair to resign as interest rates hold steady
TOLEDO, Ohio (WTVG) - As President Donald Trump ramps up pressure on the Federal Reserve chairman to lower interest rates, ...
White House says pick to replace Fed’s Powell not ‘imminent’ after Trump floats ‘3 or 4’ candidates
No decisions are imminent, although Trump has the right to change his mind and many good options to nominate as the next ...
Treasuries rally, dollar slumps as Trump eyes Powell successor
The dollar fell and US Treasuries rallied after a report that President Donald Trump is considering naming Federal Reserve Chair Jerome Powell’s successor well before the incumbent’s term is scheduled ...
The Fed’s moves on interest rates aren’t just about Trump’s pick for chair. Here’s the math.
The Federal Reserve chair is one of 12 voters on the rate-setting committee. To what extent can the chair call the shots?