Tag Archives: Fed

Trump to visit Fed on Thursday, ramping up pressure on Powell  Reuters Trump to visit Federal Reserve, escalating campaign against Chair Powell  CNBC Fed Chair Jerome Powell hit with criminal referral by House GOP Trump ally  Fox News Top Trump official slated to inspect Fed’s $2.5B renovation amid cost scrutiny  Fox Business President Trump indicates he’ll let Fed Chair Jerome Powell serve out his …

MAGA Shares AI-Generated Fed Chair Resignation Letter on X  The Daily Beast 9-year-old Canadian girl whose father was charged with her murder was drowned, authorities say  Fox News Daughter of Man Charged in Her Killing Was Drowned, Authorities Say  The New York Times Cause of Death Revealed for Melina Frattolin, 9, as Father Faces Charges  People.com 9-year-old Montreal girl found in an upstate New …

Big change is coming to the Fed  Axios US Treasury’s Bessent calls for review of Fed non-monetary policy operations  Reuters Treasury Secretary Bessent calls for a review of ‘the entire’ Federal Reserve  CNBC Bessent: The Trump administration should look into the Fed’s ‘many mistakes’  CNN Summers Says Bessent Right to Question Fed on ‘Overreach’  Bloomberg.com Source link

President Trump with Jerome Powell after nominating him as chair in 2017. Drew Angerer/Getty Images North America hide caption toggle caption Drew Angerer/Getty Images North America President Trump indicated on Tuesday he would let Jerome Powell serve out his term as Federal Reserve chair, saying “he’s going to be out pretty soon anyway.” The comment comes as the president has …

Powell Should Resign to Save the Fed, Mohamed El-Erian Says. Anxiety Is Building.  Barron’s Jerome Powell must quit to save the Fed, one prominent economist says  CNN Top economist Mohamed El-Erian breaks ranks with Wall Street and says Powell should resign to preserve Fed independence  CNBC Powell should resign to protect Federal Reserve, says top economist  Axios Jerome Powell should resign, top economist Mohamed …

New York CNN  —  The Federal Reserve’s independence from political interference, viewed as sacrosanct inside the central bank, is under siege. President Donald Trump’s relentless attacks on Federal Reserve Chair Jerome Powell are so intense that one prominent economist is raising eyebrows by arguing that Powell should quit to protect the central bank’s independence. “The attacks on Chair Powell are …

President of Queens’ College of Cambridge University Mohamed El-Erian speaks during a panel discussion at the headquarters of the International Monetary Fund during the Annual Meetings of the IMF and World Bank in Washington, D.C., on Oct. 13, 2022. James Lawler Duggan | Reuters Mohamed El-Erian on Tuesday called for Federal Reserve Chair Jerome Powell to voluntarily relinquish his position …

Summers Says Bessent Right to Question Fed on ‘Overreach’  Bloomberg.com Treasury Secretary Bessent calls for a review of ‘the entire’ Federal Reserve  CNBC Fed reform may move markets more than Powell ouster  Reuters Bessent: The Trump administration should look into the Fed’s ‘many mistakes’  CNN Bessent backs Fed independence on rates amid Trump criticism  The Hill Source link

Bessent Sees No Reason for Powell to Step Down From the Fed Now  Bloomberg.com Exclusive | How Bessent Made the Case to Trump Against Firing Fed Chair Powell – WSJ  The Wall Street Journal Bessent disses ‘leakers’ after Wall Street Journal report on Powell advice  The Hill The Trump-Powell feud keeps heating up. Meet the betting markets’ top picks to replace the Fed …

U.S. Treasury yields crept higher on Tuesday as investors awaited Federal Reserve Chairman Jerome Powell’s speech. The 10-year Treasury yield was more than 2 basis points higher at 4.396%. The 2-year yield rose more than 1 basis point to 3.871%. The 30-year yield was more than 2 basis points higher at 4.966%. One basis point is equal to 0.01%, and yields and prices move in opposite …