fed - Search News

News

Trump to appoint new Fed board member

Trump to appoint new Fed board member after governor Kugler announces resignation

Federal Reserve governor Adriana Kugler is stepping down from the central bank's board, giving President Donald Trump the chance to appoint an early replacement amid his monthslong campaign to badger Fed officials into lowering interest rates.

Yahoo · 14h

Trump rails again against Fed chief, calls for board to take control

US President Donald Trump continued his verbal attacks on Federal Reserve Chairman Jerome Powell on Friday, calling the country's key central banker "a subborn MORON" in a post on his Truth Social media platform.

The New York Times · 8h

Fed Governor Steps Down Early, Giving Trump Opportunity to Shape Central Bank

The resignation comes as President Trump has openly pressured the central bank to lower interest rates and called for Jerome H. Powell, the chair, to step down.

Trump, Fed and US labor

Reuters on MSN · 7h

Trump fires US labor official over data and gets earlier than expected chance to reshape Fed

By Lucia Mutikani, Nandita Bose and Michael S. Derby WASHINGTON/NEW YORK (Reuters) -President Donald Trump on Friday fired a top Labor Department official on the heels of a market-shocking weak scorecard of the U.

Bloomberg on MSN · 6h

Trump Fires Data Chief on Bad Job News, Gets Chance to Tilt Fed

President Donald Trump got some bad economic news Friday, and responded by shooting the messenger. Trump fired the head of the Bureau of Labor Statistics, hours after it sent markets tumbling with a report that showed a dramatic slowdown in US hiring.

Hosted on MSN · 8h

Data credibility fears fueled after Trump orders firing of labor official

By Davide Barbuscia NEW YORK (Reuters) -Sharp downward revisions to past jobs data on Friday, followed by Trump’s sudden order to fire the head of the Bureau of Labor Statistics, stoked investor fears about the integrity of economic data and the Fed’s ability to read the true state of the economy.

2 Fed dissenters said they're worried about job market

Reuters on MSN · 11h

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 bank should have cut interest rates when it met this week, as it offered some support to those who’d favored an easing in borrowing costs.

MarketWatch · 18h

The two Fed dissenters said they're worried about job market

The two dissenters from the Federal Reserve's decision to hold policy steady both said they wanted lower rates because of concerns about the labor market. Fed Vice Chair Michelle Bowman said the labor market "shows increasing signs of fragility.

The Gazette · 15h

Fed officials Bowman, Waller link their policy dissents to job market concerns

"With economic growth slowing this year and signs of a less dynamic labor market, I saw it as appropriate to begin gradually moving our moderately restrictive policy stance toward a neutral setting," Fed Vice Chair for Supervision Michelle Bowman said in a statement.

The Fed's Preferred Inflation Gauge Shows Rising Price Pressures

Inflation picked up in June, as measured by the Federal Reserve's preferred gauge, reflecting the continued price pressures ...

18h

Fed Dissenters Defend Call for July Rate Cut as Trump Intensifies Attacks

The central bank this week kept interest rates steady for a fifth-straight meeting, prompting the first double dissent from ...

12h

Mortgage Rate Outlook: Should You Lock Now Or Wait For Possible Fed Cuts?

Americans shopping for a mortgage may want to hold tight for now. At its July 30 meeting, the Federal Reserve did not deliver ...

6hon MSN

Trump urges Fed board to ‘assume control’ if rates not cut

President Trump called on the Federal Reserve board to 'assume control' if Chair Jerome Powell does not lower interest rates, ...

14hon MSN

Fed spearheads effort to ease 'Basel III endgame' capital requirements, Bloomberg News reports

The Federal Reserve has begun developing a new risk-based capital rule aimed at easing the burden on the largest U.S. banks ...

8hon MSN

The Fed’s September Rates Decision Just Got More Complicated

The Fed’s next policy meeting is six weeks away. That leaves time for another jobs report, fresh inflation data, and the ...

11h

Municipal Bonds Rally as Investors Bet on Earlier Fed Rate Cut

Municipal bonds are rallying on Friday, along with US Treasuries, after softer US jobs data spurred bets that the Federal ...

13hon MSN

US payrolls revisions jolt markets, making Fed look behind the curve

News of a surprise weakening in the U.S. labor market last month jolted investors on Friday, as hefty revisions to past ...

Some results have been hidden because they may be inaccessible to you

Show inaccessible results