News

Federal Reserve gov’s exit could accelerate Trump’s selection of next chair
Adriana Kugler’s exit unfolds amid unprecedented public pressure from the White House on the central bank over monetary ...
Federal Reserve governor Kugler resigns, creating vacancy for Trump
One of the seven members of the Federal Reserve Board of Governors, Adriana Kugler, is stepping down next week, creating an ...
Fed Won't Budge on Interest Rate Cut Despite Trump's Demand for Mortgage Relief
As was widely expected, Fed policymakers on Wednesday left the central bank's overnight rate unchanged at a range of 4.25% to ...
Kugler resigning from Fed, opening door to Trump appointment
The Federal Reserve said on Friday that Governor Adriana Kugler is resigning early from her term and will exit the central ...
Gulf Times10h
Weak US jobs data cast doubt on Fed’s wait-and-see approach
A weaker-than-expected July jobs report is calling into question the Federal Reserve’s wait-and-see approach to interest-rate cuts, boosting the likelihood of a reduction at ...
Wall Street falls the most since May after employers slash hiring and tariffs roll out
Businesses, investors and the Fed are all operating under a cloud of uncertainty from Trump’s tariff policy. The latest moves ...
Trump ramps up pressure on the Fed to slash rates to 1% — but would that be risky for US jobs, savings and investments?
Despite President Trump ramping up pressure on Federal Reserve Chair Jerome Powell to cut interest rates, the Fed held rates ...
Fed Governors Michelle Bowman and Christopher Waller wanted 25-basis-point cut at this week's meeting
Federal Reserve Governors Bowman and Waller dissented from this week's decision to hold interest rates steady and explained ...
July Jobs Report: Don't Bet On A Rate Cut
Read here for an analysis of July jobs report's impact on the US economy, inflation trends, and rate cut expectations.