Tag Archives: Fed

Stock futures were under pressure Thursday morning as Donald Trump’s war of words with the Federal Reserve escalated. The former president is calling for big rate cuts and even demanded Fed Governor Lisa Cook resign over alleged mortgage fraud. Cook rejected that call, but the feud is raising doubts about the central bank’s independence ahead of Jerome Powell’s speech in …

Futures for the main stock indexes were falling after the so-called Magnificent Seven stocks slid for a second day on Wednesday. The group of highly valued technology stocks–Amazon, Apple, Google-parent Alphabet, Microsoft, Facebook owner Meta Platforms, chip maker Nvidia, and electric vehicle maker Tesla–have been the driver of a broad pullback in the tech sector. That’s been the story of …

Trump Turns Up the Heat. Fed Chair Jerome Powell Tries to Keep His Cool.  The Wall Street Journal Trump may want lower interest rates for consumers, but it sure is convenient for the national debt he’s creating, too  Fortune Investors warn of ‘new era of fiscal dominance’ in global markets  Financial Times Trump again attacks Fed chair, says Powell ‘hurting’ the housing industry  Reuters …

Fed Governor Lisa Cook will not step down despite Trump call  The Hill Trump Presses Fed’s Cook to Quit After Mortgage Fraud Allegation  Bloomberg.com Trump Considers Firing Fed Official After Accusation of Mortgage Fraud  The Wall Street Journal Trump administration’s newest allegation against political foes: Mortgage fraud  NBC News Trump Stepped Up His Attacks on the Fed  The New York Times Source link

Trump Demands Fed Governor Cook’s Resignation: Live Updates  The New York Times Trump Presses Fed’s Cook to Quit After Mortgage Fraud Allegation  Bloomberg Trump is pressuring yet another top Fed official to resign, but she says she won’t be ‘bullied’  CNN Trump administration’s newest allegation against political foes: Mortgage fraud  NBC News Trump team makes mortgage fraud its newest revenge tool  Axios Source link

WASHINGTON (AP) — Most Federal Reserve officials said last month that the threat of higher inflation was a greater concern than the potential for job losses, leading the central bank to keep its key rate unchanged. According to the minutes of the July 29-30 meeting, released Wednesday, members of the Fed’s interest-rate setting committee “assessed that the effects of higher tariffs had …

Fed Minutes Reveal Broad Support for Holding Rates Steady Last Month  The Wall Street Journal Divided Fed worried about tariffs, inflation and the labor market, minutes show  CNBC Minutes of the Federal Open Market Committee, July 29–30, 2025  Federal Reserve Board (.gov) Fed Officials Split Over How to Read Economic Signals  The New York Times Fed minutes could show whether Waller and Bowman had …

Trump housing regulator accuses Fed governor Cook of mortgage fraud  Axios Trump Considers Firing Fed Official After Accusation of Mortgage Fraud  The Wall Street Journal Trump calls for resignation of Fed governor in latest line of attack  NPR Why Claiming Two Primary Residences Is a Problem, Even if Prosecutions Are Rare  The New York Times Trump team makes mortgage fraud its newest revenge tool  Axios …

WASHINGTON (AP) — Most Federal Reserve officials said last month that the threat of higher inflation was a greater concern than the potential for job losses, leading the central bank to keep its key rate unchanged. According to the minutes of the July 29-30 meeting, released Wednesday, members of the Fed’s interest-rate setting committee “assessed that the effects of higher …

Wall St subdued at open on mixed retail earnings ahead of Fed meet  Reuters Stock Market Today: Nasdaq Falls Further; Fed Minutes, Retail Earnings in Focus — Live Updates  The Wall Street Journal Stock market today: Dow rises, S&P 500, Nasdaq slide as tech stocks slip again amid rate-cut uncertainty  Yahoo Finance Home Depot helps the Dow reach a fresh high, and Nvidia …