Fed Chair Powell to give major speech
Digest more
Justice Department signals probe of Fed Governor Lisa Cook
Digest more
Trump accuses Fed official, other political opponents
Digest more
Federal Reserve Bank of Chicago President Austan Goolsbee said while some recent inflation readings have come in better than expected, he hopes one “dangerous” data point is just a blip.
Federal Reserve Chair Jerome Powell is set to give what could be his most consequential speech yet — just a few days after one of his colleagues was threatened with prosecution for alleged mortgage fraud.
Citi's strategists frame their house stance -- overweight U.S. stocks, short credit, bearish dollar -- largely around tariffs. They point out in a new note to clients that while the impact from growth is starting to show up in the form of slowing payrolls growth,
Almost all” officials backed July’s interest-rate decision, even though two governors backed a rate cut, according to a meeting summary.
The president’s second term has been marked by his eagerness to go after his foes and his assertions of presidential authority. Both traits are on display as he seeks control over the central bank.