News

Trump, inflation

US Fed independence under threat, say economists, but no one expects a July rate cut- Reuters poll
The U.S. Federal Reserve's independence is under threat from mounting political interference, according to a clear majority ...
Why won’t the Fed cut rates in July? Its favorite inflation gauge is telling it not to.
The inflation gauge the Federal Reserve relies on most to decide whether to raise or lower U.S. interest rates is likely to ...
Here’s how the Fed’s Renovation budget ballooned to $2.5 billion
No one in office wants to do a major renovation of a historic building during their term in office,” he said in June. But Powell sees the project as necessary. According to the Fed’s information page ...
Fed's rate-cut delay intact as inflation fears override Trump pressure
The case for a U.S. interest rate cut remains unresolved as Federal Reserve officials head into their policy meeting later ...
Treasury Secretary Bessent bashes Fed 'fear mongering' over tariffs and says central bank should be reviewed
US Treasury Secretary Scott Bessent weighed in on the latest Fed drama, pointing to the "fear-mongering" around tariffs and ...
Fed’s Kugler Says Tariff-Driven Inflation Should Leave the Fed on Pause
Federal Reserve governor Adriana Kugler said the Fed should hold interest rates steady for a while to come, because new trade ...
Inflation accelerated in June as the Fed weighs the impact of tariffs in rate cut timing
The Bureau of Labor Statistics reported that the consumer price index (CPI), a popular inflation gauge, increased in June to ...
Bernanke, Yellen: Trump’s Fed pressure could fuel inflation
Former Federal Reserve Chairs Ben Bernanke and Janet Yellen condemned President Trump’s pressure campaign against its current ...
Trump, And Future Presidents, Will Battle The Fed Until It Reforms
Until our central bank changes the way it operates, fights between the Fed and the White House will ever be with us.
Trump Administration Not in a Rush to Replace Powell, Treasury Chief Bessent Says
U.S. Treasury Secretary Scott Bessent on Wednesday told Bloomberg TV in an interview that the Trump administration was not in a rush to nominate a new Federal Reserve Chair to replace Jerome Powell.