federal-reserve News

Trump nominates Kevin Warsh as Fed Chair, roiling markets
Federal Reserve
1mo ago

Trump nominates Kevin Warsh as Fed Chair, roiling markets

Former governor faces Senate confirmation fight as Powell faces criminal investigation over testimony

Fed's Waller dissents as weak labor market spurs rate cut call
Federal Reserve
1mo ago

Fed's Waller dissents as weak labor market spurs rate cut call

Governor cites near-zero job growth and layoff risks in push for 25bp reduction

US stocks slide as Trump picks Warsh for Fed Chair
Federal Reserve
1mo ago

US stocks slide as Trump picks Warsh for Fed Chair

Nomination of former hawkish governor sparks bond yield surge and dollar rally

Trump to unveil Fed Chair nominee next week
Federal Reserve
1mo ago

Trump to unveil Fed Chair nominee next week

Uncertainty looms over monetary policy as markets await announcement of Powell's potential successor

Fed Holds Rates Steady as Gold Hits Record, S&P 500 Breaches 7,000
Federal Reserve
1mo ago

Fed Holds Rates Steady as Gold Hits Record, S&P 500 Breaches 7,000

Two governors dissent favoring quarter-point cuts as precious metal surges past $5,300 per ounce

Markets Brace for Fed Shake-Up as Trump Teases Chair Decision
Federal Reserve
2mo ago

Markets Brace for Fed Shake-Up as Trump Teases Chair Decision

Uncertainty over the central bank's leadership and independence looms as former President Trump signals a decision on a successor to Jerome Powell is forthcoming.

Supreme Court to Weigh President's Power to Fire Fed Governors
Federal Reserve
2mo ago

Supreme Court to Weigh President's Power to Fire Fed Governors

The case, Trump v. Cook, challenges the 'for cause' removal protection that has insulated the central bank from political pressure for over a century, raising questions about its future independence.

Bessent Admonishes Powell, Fueling Fed Independence Concerns
Federal Reserve
2mo ago

Bessent Admonishes Powell, Fueling Fed Independence Concerns

Treasury Secretary's rare public rebuke of the Fed Chair's planned Supreme Court appearance adds to market uncertainty over monetary policy and political pressure.