News

In a dissent not seen in three decades, two Fed governors wanted to cut interest rates and here is why
Federal Reserve Governors Bowman and Waller dissented from this week's decision to hold interest rates steady and explained ...
A vacancy on the Fed is opening early as Trump urges board to ‘assume control’ if Powell doesn’t cut rates
In the press conference following the Fed’s decision to keep rates unchanged, Powell hesitated to guide toward a rate in the ...
Trump’s push for 1% rates worries experts
Despite President Trump ramping up pressure on Federal Reserve Chair Jerome Powell to cut interest rates, the Fed held rates ...
‘She knew he was wrong’: Trump says Powell should quit after surprise resignation by Kugler
Trump escalates pressure on Fed Chair Jerome Powell, linking his resignation demand to Adriana Kugler’s surprise exit and ...
Fed governor Adriana Kugler unexpectedly resigns, giving Trump opening for pick
Adriana Kugler first assumed office at the Fed board in 2023. Her resignation will be effective a week from Friday, handing Trump a vacancy to fill.
Mises Institute13hOpinion
The Fed Says It Is “Data-Driven.” But the Data Isn’t Any Good.
What use is the Fed's supposed devotion to being "data-driven" when the data itself is unreliable and the Fed is basing its ...
As Trump challenges Fed independence, key FOMC member resigns
Fed Governor Adriana Kugler resigns amid a tumultuous time for the central bank, whose independence is being challenged ...
Kugler resigning from Fed, opening door to Trump appointment
The Federal Reserve said on Friday that Governor Adriana Kugler is resigning early from her term and will exit the central ...
A Fed governor is resigning, opening a spot for a Trump appointee
A member of the Federal Reserve’s Board of Governors announced Friday that she is resigning several months before the end of ...
Weakening US jobs market hits center of Fed rate policy debate
Surprisingly weak July hiring data released on Friday highlighted a fractious Federal Reserve debate over whether the central ...
July Jobs Report: Labor Market Momentum Unravels As Revisions Reveal A Weaker Q2
The July jobs report reveals a sharp hiring deceleration with major downward revisions to previous months. Click here to read ...
Fed Expectations Shift Sharply on Weak July Jobs Report
Expectations for Federal Reserve interest rate cuts climbed sharply on Friday after an unexpectedly weak jobs report. The Bureau of Labor statistics reported that the US economy added just 73,000 jobs ...