Tag Archives: Fed

Trump’s Attacks on the Fed and BLS Threaten Key Source of Economic Strength  The New York Times What the Economy Really Looks Like  The American Prospect If Trump doesn’t think you’re good at your job, he’ll tell you. That’s worrisome.  The Boston Globe Quick Thoughts on the Economy: Slowing Growth Until the Stock Market Crash  Center for Economic and Policy Research It’s the Economy, …

When Federal Reserve Chair Jerome Powell takes the stage Friday at the annual Jackson Hole, Wyoming, economic forum, he will face pressures ranging from President Trump’s repeated calls for his resignation to a recent mix of worrying economic data.  Powell, whose term as Fed chair ends in May of 2026, could be making his last major speech as the central …

Morning Bid: Tech fright calms but Fed pressure grows  Reuters Stock market today: Dow rises, S&P 500, Nasdaq slide as tech stocks slip again amid rate-cut uncertainty  Yahoo Finance Wall Street tech selloff deepens, European shares steady  Reuters CNBC Daily Open: Tech sell-off? Investors could just be taking profit and enjoying the summer  CNBC Fortune Tech: So reckless  Fortune Source link

Exclusive | Divisions Grow Inside Fed Ahead of Decision on September Rate Cut  The Wall Street Journal Wager for Half-Point Rate Reduction Faces Test of Powell Remarks  Bloomberg.com Fed officials lukewarm on September rate cut as markets await Powell speech  Reuters Stocks Fall as Inflation Chatter Makes a September Rate Cut Seem Less Certain  Barron’s The Fed’s September dilemma  Peterson Institute for International Economics Source …

Justice Dept. urges Fed chair to fire top official accused of mortgage fraud  The Washington Post Justice Department signals investigation of Fed Governor Lisa Cook  CNN What Is Mortgage Occupancy Fraud, the Claim Wielded by the Trump Administration?  The Wall Street Journal Fed Found Over 22,000 Mortgages Like Those Pulte Is Flagging  Bloomberg.com Justice department calls on Federal Reserve to sack governor Lisa Cook  Financial …

Crypto investors are holding their breaths before Jerome Powell, chair of the Federal Reserve, speaks Friday in Jackson Hole, Wyoming. Bitcoin has dipped about 1% over the past 24 hours and almost 5% over the past week to around $112,000, according to data from Binance. Ethereum, the world’s second largest cryptocurrency, is also down 2% over the past day to …

Trump’s Attacks on Fed Overshadow a Critical Moment for the Central Bank  The New York TimesView Full Coverage on Google News Source link

The Department of Justice has reportedly opened an investigation into Federal Reserve Governor Lisa Cook over alleged mortgage fraud, just one day after President Trump urged the Biden appointee to resign. It is the latest move by the Trump administration to step up pressure on the Federal Reserve, which has faced criticism from officials for being slow to cut rates …

Gold () futures opened at $3,392.20 per ounce on Thursday, up 1.5% from Wednesday’s close of $3,343.40. Thursday’s opening price is gold’s highest start since August 8. On Wednesday, President Donald Trump called for the resignation of Federal Reserve Governor Lisa Cook, citing an accusation of mortgage fraud against her. Cook was appointed by former President Joe Biden. Should Cook …

Key Takeaways Federal Reserve Chair Jerome Powell’s speech at the Jackson Hole economic conference could shed light on whether the central bank will cut interest rates in September. Powell may signal that the Fed will pivot to cutting interest rates on concerns that a recent slowdown in the job market could turn into a worrisome rise in unemployment. On the …