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Fed Governor Adriana Kugler warned of tariff consequences even as US-China tensions ebbed. Investors should still brace for higher inflation and slower growth, she said. Markets are celebrating ...
Federal grantmaking processes are designed to be open, fair, reliable, and free of political influence, favoritism, or ...
On the other hand, inflation is still moderately above the Fed’s 2% goal, with Trump’s import duties set to propel prices higher. Normally, a vibrant economy and job market push up inflation ...
I recently wrote this article about Trump appointing a shadow Fed president, a strategy that could neutralize Powell’s impact until he leaves his position. In an interview Sunday, Trump said ...
Fed Chairman Jerome Powell will talk to reporters Wednesday as Trump deems him a “major loser” and a ... More “total stiff.” The Fed’s rate-setting Federal Open Market Committee released ...
The decision came after Chairman Jerome Powell reiterated consistent communication, emphasizing that the Fed retains a data-dependent approach in the face of continuing inflation and a labor ...
However, the timing for this has become highly uncertain, owing to the tariff shock. Fed Chair Jerome Powell is not one to speculate, and he held an especially reticent press conference after the ...
“Policy is in a good place.” That view was echoed by Adriana Kugler, a Fed governor, who on Friday stressed that the Fed could afford to be patient at a time when it was not clear which ...
In a Friday morning speech, Fed Gov. Michael Barr said the tariffs have already "clouded" the overall economic outlook and raised uncertainty among consumers and businesses. He expects those ...
The Fed said it will maintain the federal funds rate at its current range of 4.25% to 4.5%, where it's been parked since the central bank last moved to lower short-term rates in December.
The traders' bets are now predicting there's little chance the Fed will lower interest rates at the end of the next meeting on June 18. That means Americans won't see short-term interest rates ...
New York Federal Reserve Bank (Fed) President John Williams said on Friday that price stability is foundational for the Fed, per Reuters. "Important to have well-anchored inflation expectations." ...