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 ...
Commentary: Powell put the Fed and taxpayers in the red
Despite losing $235 billion, Federal Reserve Chairman Jerome Powell somehow still has a job—for now. His mismanagement of the ...
Jonathan Levin: Powell’s caution on tariff-driven inflation is right
With all the crosscurrents, the responsible solution is for policymakers to wait for more evidence, and that’s exactly what ...
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 ...
If You Like 35 Percent Inflation, Go Ahead, Fire the Fed Chair
Indeed, the only guaranteed path for Mr. Trump to get lower interest rates is slower inflation or a weaker job market. Right ...
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 ...