News

Say It Repeatedly, The Fed Isn’t Nor Can It Be ‘Independent’
The Fed is an outsourced creation of Congress whose officials are appointed by presidents and confirmed by Congress. Of ...
Bitcoin Rises Toward Record High. Why Trump, Fed Rates, ETFs May Be Driving Cryptos.
It wasn't clear what was driving digital assets higher, but one factor could be investors pivoting away from stocks due to ...
Atlanta Fed's Bostic warns tariff impacts could cause prolonged inflation
Atlanta Federal Reserve President Raphael Bostic warned that effects of President Donald Trump's tariffs could cause ...
Bessent teases new Aug. 1 deadline for tariffs, says Fed chair can’t cut rates like Trump wants
Treasury Secretary Scott Bessent revealed that the Trump administration is now eyeing Aug. 1 as the date to slap the ...
Steady job market keeps Fed on hold amid tariff uncertainty
Unexpectedly solid job gains in June bolstered the case for the Federal Reserve to keep interest rates on hold to keep ...
'I'm fed up of watching him bat' - Trescothick praises Gill
England batting coach Marcus Trescothick says Shubman Gill's performance with the bat has been 'special'. India's captain ...
Why the Fed Is Likely to Stay on Pause
The June jobs report is likely to keep the Federal Reserve in a wait-and-see stance for the summer, writes our Nick Timiraos, ...
Fed independence, US rule of law at risk, UBS reserve managers survey says
Two in three reserve managers fear Federal Reserve independence is at risk and nearly half think the rule of law in the ...
Trump calls for Fed Chair Jerome Powell to immediately resign: ‘Too late’
In the latest escalation in the feud between President Donald Trump and Fed Chair Jerome Powell, the president called for ...
What History Says Happens When the Fed Bends to a President’s Will
President Richard Nixon famously leaned on Fed Chair Arthur Burns to keep interest rates low going into the 1972 presidential ...