News

US Fed independence under threat, say economists, but no one expects a July rate cut- Reuters poll
The U.S. Federal Reserve's independence is under threat from mounting political interference, according to a clear majority ...
Jerome Powell must quit to save the Fed, one prominent economist says
The Federal Reserve’s independence from political interference, viewed as sacrosanct inside the central bank, is under siege.
Fed Chair Powell Opens Conference Without a Word on Monetary Policy
In opening a Federal Reserve conference on banking regulation on Tuesday, Chair Jerome Powell skipped making any controversy ...
Fed still set for extended hold in 2025, but likelihood of easing is rising
For the moment, our central forecast still sees the Fed remaining on hold throughout 2025. For 2026, we have changed our base ...
Bessent: The Trump administration should look into the Fed’s ‘many mistakes’
Treasury Secretary Scott Bessent said Monday he believes the Federal Reserve system should be reviewed for potentially ...
Fed Newly Defends Renovations as White House Intensifies Attacks
The Trump administration has seized on the Federal Reserve’s renovation of its building in what legal experts say could be ...
The Fed’s $2.5B renovation irking President Trump and team
The over budget renovation of the Federal Reserve's headquarters draws criticism from the Trump administration and raises ...
Richmond Fed Manufacturing Activity Deteriorated Further In July
The composite manufacturing index fell twelve points to -20, remaining in negative territory for a fifth straight month.
Trump Says Firing Fed Chair Is 'Highly Unlikely,' But Here's How The Move Would Shake Global Economy
Economist Clifford Winston joined "Forbes Newsroom" to discuss President Donald Trump's recent criticisms of Federal Reserve ...
Bond Traders Step Up 2026 Fed Cut Bets After Trump Bashes Powell
Bond traders are boosting bets that the Federal Reserve will cut interest rates more aggressively next year, as speculation ...