News

‘The Way The Fed Operates Is All Wrong’: Steve Forbes Tells Fed Not To Neglect ‘Its Sole Focus’
Editor-in-chief of Forbes and Republican businessman Steve Forbes ripped into Federal Reserve Chairman Jerome Powell on ...
What Division Inside the Fed Means for Future Interest-Rate Cuts
Fed Chair Jerome Powell has sketched out new conditions that could trigger rate cuts by summer’s end, but inflation remains a ...
Trump demands 'terrible' Fed chair Powell resign immediately, calls for rate cuts
President Donald Trump on Tuesday said Federal Reserve Chairman Jerome Powell to resign immediately, and renewed his calls ...
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 ...
Most Fed officials see rate cuts coming, but opinions vary widely on how many, minutes show
Federal Reserve officials diverged at their June meeting about how aggressively they would be willing to cut interest rates.
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Advisors forced to figure out fixed income allocations with Fed on sidelines
Wealth managers weigh in on their bond strategies as Fed Chairman Powell appears to be holding on rate cuts this summer.
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Fed Chair Powell Accused of Lying to Congress About Luxurious HQ Renovations
Jerome Powell has been accused of lying to Congress about renovations to the Fed HQ. Makes one wonder what else he's lying about.