News

Wall Street Hates the Idea of a ‘Shadow’ Fed Chair. It May Already Have One
The Federal Reserve may already have the so-called shadow chairman that President Donald Trump has said he might soon appoint ...
'Reduce the credibility dramatically of the central bank.' Trump attacks the Fed chair, sending a chill through the global economy
The escalating campaign by Donald Trump against the Federal Reserve chairman is unnerving the global economy. Ron Insana and ...
Federal Reserve's Waller says central bank should cut rates at next meeting
A top Federal Reserve official said late Thursday that the central bank should cut its key interest rate later this month, ...
Federal Reserve says building renovation complies with law, defends costs
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell on Thursday said the agency’s renovation of two of its buildings is in ...
The Global Risks That Come With the Loss of an Independent Fed
It isn’t just the U.S. Other countries have also come to expect an independent U.S. central bank.
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Top Federal Reserve officials call for interest rate cut
Federal Reserve Gov. Christopher Waller is calling for a cut to interest rates at the board's next meeting at the end of the month.
Does an independent Federal Reserve really matter? Experts explain.
“It’s by now widely agreed, almost all over the world: If you leave monetary policy in political hands, you’ll get too much ...
'Ripping the fabric of the universe:' Trump targets Powell, and investors react
President Donald Trump on Wednesday appeared to escalate his attacks on Federal Reserve Chair Jerome Powell, a step investor ...