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Category Federal Reserve

Trump officials want an investigation into the Federal Reserve’s $2.5 billion renovation

Trump officials want an investigation into the Federal Reserve’s $2.5 billion renovation

Allies of President Donald Trump are pushing for a full investigation into the $2.5 billion renovation of the Federal Reserve headquarters in Washi...
Ousting of Fed Chair Jerome Powell could raise U.S. borrowing costs by nearly $60 billion a year

Ousting of Fed Chair Jerome Powell could raise U.S. borrowing costs by nearly $60 billion a year

U.S. President Donald Trump might face an increase of nearly $60 billion (around £44 billion) in interest costs if he opts to oust Federal Reserve ...
Goldman Sachs’ Chief US Economist Says Tariffs Unlikely To Spark a Prolonged Inflation Period, Predicts Three Rate Cuts This Year

Goldman Sachs’ Chief US Economist Says Tariffs Unlikely To Spark a Prolonged Inflation Period, Predicts Three Rate Cuts This Year

David Mericle, chief US economist at Goldman Sachs, says that President Trump’s tariffs are unlikely to result in a lengthy period of inflation. In...
'Other than dying' - Fed's Powell won't leave voluntarily, even defying criminal referral

'Other than dying' - Fed's Powell won't leave voluntarily, even defying criminal referral

Jerome Powell told his allies he would not leave the Federal Reserve unless he died. That’s exactly how far he said he is willing to go to finish h...
Fed Governor Waller warns that delaying rate cut past July could hurt economy

Fed Governor Waller warns that delaying rate cut past July could hurt economy

Federal Reserve Governor Christopher Waller still supports interest rate cuts at the end of July, despite growing concerns over a possible tariff-i...