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Scott Bessent, the intrepid U.S. Treasury Secretary, once floated an idea so wild it made Wall Street spill its martini: a “shadow Fed chair.” Last October, Bessent suggested naming Jerome Powell’s successor more than a year early,
The U.S. economy is mostly in good shape but that isn’t saving Federal Reserve chair Jerome Powell from a spell of angst.
Trump has griped the Federal Reserve is losing a contest with the European Central Bank to cut interest rates? Is it a contest? And is the Fed losing?
The Federal Reserve is expected to hold interest rates steady. Investors will be keeping a close eye on Fed officials’ latest economic projections—known as the “dot plot.” Any variance between the most bearish and most bullish officials might hold a key to the future of U.
Donald Trump da un nuevo giro a su llamado para que la Reserva Federal recorte la tasa de interés: ahora afirma que es clave para reducir el costo de la deuda pública.
Even if the Federal Reserve thought a window had opened for it to resume its interest rate cutting campaign, there's a risk it may now hold back, precisely because of the relentless political pressure President Donald Trump has put on it to ease policy.
In a ruling issued Monday, the judge called the government’s directives “arbitrary and capricious” and ordered funding for some of the NIH grants, including many profiled by ProPublica in recent months,
Good morning, Coastal Bend! Sunrise Anchors Bryan and Michelle Hofmann here to help you start your Tuesday feeling informed and ready.
The Federal Reserve "hates" President Donald Trump's economic policies, according to Dario Perkins of T.S. Lombard. Trump and the Fed, especially the latter's Chair Jerome Powell, have been at loggerheads,
Lawyers for Harvard had urged the court to to block Trump's efforts to revoke its credentials to host foreign students, and block foreign students from traveling to the US to study at the university.
On Monday, a federal judge ruled that the Trump administration's decision to cancel several hundred research grants was unlawful, noting that the move raises significant concerns about potential racial discrimination.
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Trump's next Fed chair will be someone who supports lower rates, values employment, CIO saysMonetaryMacro.com CIO Joseph Wang explains how President Donald Trump could impact interest rates before the end of Fed Chair Jerome Powell's term on 'Making Money.'