News

Fed, Waller and Chair

Markets are near-certain of a September rate cut as more Fed presidents turn dovish overnight
Neither Presidents Kashkari or Daly—nor Governor Cook—dissented at the July meeting. With Governor Chris Waller and FOMC ...
Have we seen Powell's last rate cut as Fed chair?
Federal Reserve Chair Jerome Powell made it clear on Wednesday that the resilient U.S. labor market is currently the primary ...
Waiting for a Fed rate cut? Chair Powell offered few signals of one, economists say
Nothing tariffs are starting to push up prices, Powell said the Fed is already “looking through” goods inflation by not ...
The Fed Stays the Course: Why July’s Non-Rate Cut Signals Good News for Small Business
A continued pause in rate cuts suggests the Fed sees no need to stimulate the economy, meaning growth, employment, and ...
Trump names replacement for Fed seat; still looking for permanent appointee
President Donald Trump announced he has selected Stephen Miran to join the Board of Governors, but says he will continue search for a permanent replacement.
Average rate on a 30-year mortgage drops to lowest level since April
This is the third week in a row that rates have come down. The latest average rate on a 30-year mortgage is now just shy of 6 ...
Powell Under Siege as Fed Plans to Stand Pat on Rate Cuts
Jerome H. Powell, the Federal Reserve chair, is facing relentless attacks from the president, a lively campaign to replace ...