News

The last time was in 1993. Bowman and Waller on Wednesday dissented from the Federal Open Market Committee's (FOMC) 9-2 vote to hold the Fed's benchmark federal funds rate at a range of 4.25% to 4.5%, ...
O n Friday, the Federal Reserve announced Adriana D. Kugler, a member of its Board of Governors, is resigning early in a move ...
BlackRock executive Rick Rieder reportedly thinks the U.S. Federal Reserve could slash rates by 50 basis points in September.
The U.S. stock market had its worst day since May on Friday after the government reported a sharp slowdown in hiring and ...
In the press conference following the Fed’s decision to keep rates unchanged, Powell hesitated to guide toward a rate in the ...
On Friday, Trump fired Erika McEntarfer, the commissioner of the Bureau of Labor Statistics—the apolitical agency that ...
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.
What use is the Fed's supposed devotion to being "data-driven" when the data itself is unreliable and the Fed is basing its ...
The July jobs report goes a long way toward providing the evidence of a weaker labor market that the Fed needs to justify ...
The Labor Department released its jobs report for July which showed the U.S. economy added 73,000 jobs last month, amid uncertainty around trade and monetary policy.