Monetary Policy
President Donald Trump stated that his choice to head the Federal Reserve has the potential to drive the economy to grow at a rate of 15 percent, a highly optimistic goal that highlights the significant pressure Kevin Warsh will encounter
Federal Reserve officials maintained interest rates at their current level and highlighted advancements in the US economy while indicating a more measured stance regarding possible future changes. The Federal Open Market Committee cast a vote of 10-2 on Wednesday to
Federal Reserve officials gather this week at a crucial juncture in the US central bank’s 112-year history, as a sequence of significant events highlights their capacity to determine interest rates free from political influence. Officials are anticipated to declare on
Following two weeks of rigorous political and legal examination, the Federal Reserve aims to ensure that this week’s interest rate meeting is as clear and uneventful as possible, although President Donald Trump is likely to disapprove of the outcome. The
This week, a crucial Supreme Court case regarding presidential power puts at risk the Federal Reserve’s capacity to set interest rates free from political interference, a fundamental aspect of US economic policy. Oral arguments are scheduled for 10 a.m. regarding
Federal prosecutors have initiated a criminal investigation into Federal Reserve Chair Jerome Powell concerning his June testimony before Congress regarding the central bank’s $2.5 billion renovation of its headquarters in Washington, DC. The remarkable action taken against the independent Federal
The Federal Reserve’s policy decisions in recent years have intensified economic inequality in America, and some of the central bank’s policymakers acknowledge that it’s not a problem they can easily resolve. During the pandemic, millions of Americans, particularly the wealthiest,
The Federal Reserve lowered its key interest rate by a quarter-point for the third consecutive time on Wednesday, yet indicated that it might maintain rates at their current level in the upcoming months. Chair Jerome Powell indicated during a news
The Federal Reserve is poised to reduce borrowing costs once more on Wednesday, despite ongoing significant divisions within the influential rate-setting committee of the central bank. Wednesday’s decision is poised to be the Fed’s most challenging judgment since at least
Market expects the Supreme Court to defend Fed
Market showed little reaction to President Donald Trump’s criticisms of the Federal Reserve this year. However, its confidence may be tested by an impending Supreme Court ruling. During his second term, Trump has initiated a vigorous pressure campaign against the