Browsing: Federal Reserve
As the U.S. enters its fifth year of inflation running above the Federal Reserve’s 2% target, major retailers are responding…
Inflation held steady in February ahead of the war in Iran, though economists are concerned that energy shocks from the…
The average long-term US mortgage rate slipped this week below 6% for the first time since late 2022, good news…
Many Federal Reserve officials want to see inflation fall further before they would support additional interest rate cuts this year,…
Kevin Hassett, a top economic adviser to President Trump, on Wednesday said those behind a New York Federal Reserve research paper…
Treasury Secretary Scott Bessent said on Sunday he would not expect the Federal Reserve to move quickly to shrink its balance sheet,…
Treasury Secretary Scott Bessent is expected to help Kevin Warsh walk the tightrope as the incoming Federal Reserve chairman –…
Sen. Thom Tillis said Wednesday he is sticking to his threat to block President Trump’s pick to lead the Federal…
Federal Reserve governor Stephen Miran has stepped down from his position as chair of the White House’s Council of Economic Advisers, ending…
President Trump confirmed Friday morning that he will nominate Kevin Warsh to replace Jerome Powell as chairman of the Federal…