News

Why Trump might not get rapid interest-rate cuts even after he replaces Fed chief Powell
Trump hopes to get lower rates by replacing Fed Chair Jerome Powell with someone who would do what the president wants. But ...
Fed Minutes Show Diverse Views on Tariffs and Inflation
Federal Reserve officials appear as uncertain over the future trajectory of the U.S. economy as businesses and consumers, ...
Stocks close higher despite go-slow Fed, poor Prime Day showing
U.S. stocks closed higher even though Federal Reserve meeting minutes show no hurry to cut rates and Amazon's Prime Day falls ...
Can Trump tap Bessent to head the Fed and the Treasury at the same time? Here’s what the law says.
Treasury Secretary Scott Bessent is among the contenders to head the Federal Reserve. Can President Donald Trump have him do ...
Bessent Steps Up Criticism of Fed as Auditions for Chair Intensify
The Treasury secretary is breaking with tradition in publicly assailing the central bank’s policies as President Trump looks ...
A Hazy Inflation Outlook Divides the Fed
Minutes from the Fed’s June policy meeting tease at a looming split over whether and when officials will resume rate cuts.
'I would hope' Powell steps down from Fed board when chairmanship is up: Faulkender
Deputy Treasury Secretary Michael Faulkender told Yahoo Finance he would like to see Federal Reserve Chairman Jerome Powell ...
Wall Street pushes out end of Fed balance sheet wind-down, minutes show
Financial market participants have pushed out yet again the end date for the effort to shrink the size of the Federal Reserve ...
Former Fed governor says Trump is right to be frustrated with Powell's restrictive policies
Former Federal Reserve Governor Kevin Warsh said the U.S. economy could grow tremendously, but "bad" policies from the ...
Should you open a HELOC or home equity loan before the July Fed meeting?
The average homeowner is sitting on a substantial amount of equity right now. . After the Federal Reserve issued three ...