Tag Archives: reserve

Federal Reserve governor to resign early, handing Trump an immediate opening on board  The Washington Post A Fed governor plans to resign, giving Trump an opportunity to shape central bank.  The New York Times Fed Governor Kugler is resigning, giving Trump a nominee on committee that sets interest rates  CNBC Fed governor Kugler resigns, giving Trump vacancy  Axios Federal Reserve Governor Adriana Kugler to …

Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. August 01, 2025 Adriana D. Kugler submits resignation as a member of the Federal Reserve Board, effective August 8, 2025 For release at 3:30 p.m. EDT The Federal Reserve Board announced on Friday …

WASHINGTON (AP) — President Donald Trump on Friday called for the Federal Reserve’s board of governors to usurp the power of Fed Chair Jerome Powell, criticizing the head of the U.S. central bank for not cutting short-term interest rates. Posting on his Truth Social platform, Trump called Powell “stubborn.” The Fed chair has been subjected to vicious verbal attacks by …

Statement by Governor Christopher J. Waller  Federal Reserve Board (.gov)View Full Coverage on Google News Source link

Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. July 30, 2025 Federal Reserve issues FOMC statement For release at 2:00 p.m. EDT Although swings in net exports continue to affect the data, recent indicators suggest that growth of economic activity moderated …

WASHINGTON (AP) — The Federal Reserve is expected to leave its short-term interest rate unchanged on Wednesday for the fifth straight meeting, a move that will likely underscore the deep divide between how Chair Jerome Powell and his chief critic, President Donald Trump, see the economy. The Fed itself, to be sure, is increasingly divided over its next steps, and …

Asia markets start Tuesday trading in the red Asia markets started the trading day lower. Japan’s benchmark Nikkei 225 fell 0.61%, while the Topix lost 0.76%. South Korea’s Kospi fell 1.09%, and the small-cap Kosdaq slipped 0.88%. Australia’s S&P/ASX 200 lost 0.42%. —Lee Ying Shan Opening calls Good morning from Singapore. Asia markets are poised for a weaker open. Japan’s benchmark Nikkei 225 was set to open lower, …

Good morning. You’re reading the Up First newsletter. Subscribe here to get it delivered to your inbox, and listen to the Up First podcast for all the news you need to start your day. Today’s top stories President Trump yesterday toured the ongoing renovation project at the Federal Reserve headquarters with Fed Chairman Jerome Powell. The construction cost has soared from $1.9 billion to …

Donald Trump sparred with the Federal Reserve chair, Jerome Powell, on Thursday during a rare presidential visit to the central bank’s headquarters. Trump was continuing his campaign to pressure the Fed to cut interest rates and was visiting its Washington headquarters to view costly renovations he has suggested are tantamount to fraud. Having branded Powell a “numbskull” for the Fed’s …

President Trump sparred with Fed Chair Jerome Powell over the final cost of the Federal Reserve’s renovations during an unusual visit to the central bank. Chip Somodevilla/Getty Images North America hide caption toggle caption Chip Somodevilla/Getty Images North America President Trump visited the Federal Reserve on Thursday to inspect an ongoing renovation of the central bank’s Washington, D.C., buildings — …