While it was created with good intentions 13 years ago, the Federal Open Market Committee’s dot plot does not serve its primary purpose: providing transparency
· 3d · on MSN
Federal Reserve expected to stand pat on rates even as Trump demands cuts
· 2d
Federal Reserve set to repel Donald Trump’s calls for deep rate cuts
Trump gets lower rates but Fed the exception
US President Donald Trump is getting his wish that interest rates drop across the world, just not at home, where a strong economy and uncertainty over his own policies have set the stage for the Federal Reserve to diverge from its central bank peers.
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices remain stubbornly elevated, even as inflation is cooling in fits and starts.
Federal Reserve Gov. Michelle Bowman is widely seen as the president's most likely choice for vice chair for supervision, a position soon to be vacated by Michael Barr. But while Bowman is the administration's most straightforward option,
Nonetheless, already there is a clash with President Trump, who believes interest rates are “far too high." On his Truth Social platform, Trump went on the attack: Because Jay Powell and the Fed failed to stop the problem they created with Inflation,
A desire for low rates confronts a very different economic backdrop—with higher price pressures—from his first term.
The Federal Reserve left interest rates unchanged Wednesday as it began a new wait-and-see policy stance amid a cloudy economic outlook and uncertainty over whether some of President Donald Trump’s policies could stymie the fight against inflation.
The Federal Reserve said Friday that it is leaving an international grouping of central banks that focused on how the financial system could help combat climate change
Inflation rose two-tenths of a percentage point to 2.6% for the year ending in December, the Bureau of Labor Statistics reported Friday in an update to the personal consumption expenditures index, the Federal Reserve’s preferred gauge.
The personal consumption expenditures price index for December was expected to show a 2.6% increase on an annual basis
WASHINGTON - US President Donald Trump is getting his wish that interest rates drop across the world, just not at home where a strong economy and uncertainty over his own policies have set the stage for the Federal Reserve to diverge from its central bank peers.
Many of the executive actions related to bitcoin and crypto were wish-list items the industry has been pushing for.
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