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President Donald Trump is planning to meet with advisers today about an unexpected open seat on the Federal Reserve Board, according to a person familiar with the matter.
Federal Reserve Governor Adriana Kugler announced her resignation last week, giving President Trump the opportunity to appoint a new member to the central bank's board.
But the addition of a dovish governor to the Federal Open Market Committee, which sets policy, is unlikely to yield an immediate shift. The FOMC is composed of the seven members of the Board of ...
Amid this pressure, Mohamed El-Erian is calling on Federal Reserve chair Jerome Powell to call it quits — becoming one of the ...
President Donald Trump's coming nomination of a new member of the Federal Reserve's Board of Governors will focus attention ...
The pressure to cut rates is intensifying as the US jobs market and the growth story are no longer looking quite so solid.
Yet when Bailey and colleagues on the BoE's Monetary Policy Committee chop U.K. borrowing costs on Thursday, they will be continuing to cut at a pace that makes the current easing cycle among the ...
Trump Just Got a Fresh Shot at Bending the Fed to His Will By Vicky Ge Huang ...
Trump confirmed Treasury Secretary Scott Bessent declined the role, saying, “I want to work with you,” while market-watchers ...
The full story is more complicated. Trump is broadly right on the question of how much leverage the need for foreign access ...
The President ruled out Treasury Secretary Scott Bessent to succeed Jerome Powell but said there are four others on his list.
In other words, there was no urgency to alter course. At the Fed’s next policy meeting, six weeks from now, things should be clearer.