Tag Archives: Fed

Fed official sends bold 5-word message on September interest rate cuts  TheStreet Fed’s Waller sees rate cuts over next 3-6 months, starting in September  Reuters Trump says Fed rate cuts will make a solid US economy even better. Is he right?  USA Today Federal Reserve Governor Speaks at Economic Club of Miami  C-SPAN Federal Reserve governor backing quarter-point cut next month  The Hill Source link

Sign up for the Slatest to get the most insightful analysis, criticism, and advice out there, delivered to your inbox daily. Donald Trump’s second term has been an exercise in projection. After years of insisting the federal government was engaged in a “witch hunt” against him, he has turned its machinery on his own enemies, critics, and anyone who stands …

PCE Inflation Stayed Stable in July, Keeping Fed on Track to Lower Interest Rates  The New York Times Core inflation rose to 2.9% in July, highest since February  CNBC US consumer spending strong; core inflation warmer on services  Reuters Inflation is climbing. Trump might still get lower rates.  Politico Here are the biggest takeaways from the government’s latest inflation data  CBS News Source link

Key Takeaways The July Personal Consumption Expenditures index showed that overall prices rose by 2.6% over the past year, meeting economists’ forecasts and matching the prior month’s results. The closely followed core PCE inflation reading ticked slightly higher from the prior month to 2.9%. Federal Reserve officials are closely monitoring inflation ahead of a possible interest rate cut next month. …

Judge weighs Trump’s power to fire Fed board member  Politico Trump Live Updates: Foreign Aid Spending, Kamala Harris Secret Service Protection and More  The New York Times Fate of Fed Gov. Lisa Cook still up in the air after court hearing on Trump firing bid  CNBC The Supreme Court Made a Bad Bet  The Atlantic An Atlanta condo is at the center of fraud …

Stephen Miran wants to rewrite the rules of the Fed  Politico Scoop: Fed fight revives Senate showdown over Trump nominees  Axios Trump’s Fed pick Miran to get Senate hearing Sept 4  Reuters Trump Pick Miran Is on Track for Confirmation Before Fed Meeting  Bloomberg.com Democrats call for hearing on Fed independence  Pensions & Investments Source link

Washington — A federal judge on Friday heard arguments over a bid by Federal Reserve Governor Lisa Cook to remain in her post despite President Trump’s efforts to remove her because of allegations she made false representations on mortgage agreements several years ago. The two-hour-long hearing before U.S. District Judge Jia Cobb marked the first in-person showdown between Justice Department …

Lisa Cook’s fight to prevent her removal from the Federal Reserve started Friday morning in a federal court in Washington, D.C. After more than two hours of oral arguments, the hearing between Cook’s legal team and the Trump administration ended without the judge ruling on a temporary restraining order that could block Cook’s firing. What happens next wasn’t immediately clear. …

Trump Administration Live Updates: Judge Will Hear Lisa Cook’s Suit to Block Her Firing From the Fed  The New York Times Court hearing on Lisa Cook’s bid to block Trump firing of Fed governor begins  CNBC DOJ hammers Lisa Cook for not explaining mortgage document problems as Trump tries to push her out of Fed  Business Insider US judge sets quick schedule in …

Yes, rate cuts will be good for stocks. But here’s why it means the Fed will be stimulating an economy that doesn’t need it.  MarketWatch Sell The ‘Fed Cut’ Rally  Seeking Alpha Exercising Fed Put Could Fuel Stock Market Melt-Up  Investing.com Ed Yardeni questions whether Fed is preparing to fuel an already strong economy  MSN Stocks vs. Fed Chair Powell: Will He Sink the …