News

What if the Fed cut rates to just 1% like Trump wants? An analyst says it’s ‘ludicrous’ and may scare businesses
"As a big business owner looking at rates at 1% or 2%, I'm definitely saying, 'what do you know that I don't?'" ...
Economist: If the Federal Reserve’s independence is compromised, expect inflation to rise
New economic data shows inflation ticked higher in June to 2.7%, prompting many economists to agree with Federal Reserve Chair Jerome Powell’s decision to keep interest rates steady. President Trump ...
Fed’s Kugler Says Tariff-Driven Inflation Should Leave the Fed on Pause
Federal Reserve governor Adriana Kugler said the Fed should hold interest rates steady for a while to come, because new trade ...
Fed’s Williams says tariffs are pushing up inflation, and he expects even higher prices in coming months
Higher tariffs put in place by the Trump White House this year have started to increase inflation, and these effects are ...
Federal Reserve independence at risk from Trump's pressure campaign, J.P. Morgan warns
J.P. Morgan warned in a note that Trump's pressure on the Federal Reserve and threats to fire Chair Powell could undercut ...
Firing Powell Would Shatter the Economy’s Inflation Defenses
Without independence, the Fed couldn’t be trusted to give priority to low inflation over the president’s other priorities.
Look at Turkey if you want to know why markets hate the idea of Trump messing with the Fed
"I certainly think there are lessons to be learned there that the administration should be aware of," said Morningstar Wealth ...
Hotter Inflation In June Will Likely Keep Fed Monetary Policy Steady For The Near Term
What is clear is that the current 4.33% median Fed funds target rate remains well above the inflation trend. Even after the ...