US firms passing some cost hikes to consumers: Fed survey
Many US firms passed along “at least a portion of cost increases” to consumers in recent weeks, as businesses faced higher prices linked to President Donald Trump’s tariffs, the Federal…
Tag
Fed
Trump says he doesn't plan to fire Fed Chairman Powell, despite buzz
President Trump on Wednesday said he has no plans to fire Federal Reserve Chairman Jerome Powell as rumors swirl about a move against the central bank boss. Source link
Trump says he’s found a way to fire Fed Reserve Chair Powell. Here’s how
President Donald Trump says he has finally found a way to achieve his goal of removing Federal Reserve Chair Jerome Powell, accusing him of mismanaging the U.S. central bank’s $2.5 billion…
How Trump could use a building renovation to oust Fed Chair Powell
President Donald Trump says he has finally found a way to achieve his goal of removing Federal Reserve Chair Jerome Powell, accusing him of mismanaging the U.S. central bank's $2.5 billion…
Senior Fed official says it will take until autumn to see tariffs’ inflation effect
AS Federal Reserve Bank President Lorie Logan said on Tuesday (Jul 15) that she expects it will take until the fall to understand the effect of tariffs on inflation. This is…
The Small Army of Trump Sycophants Gunning to be the Next Fed Chair
The following hilarious exchange ensued: Karl: So, how is it a national security threat that, you know, how Brazil is handling a criminal case against this former president? Hassett: Well,…
Powell asks Fed watchdog to review $2.5B renovation of its headquarters
Federal Reserve Chairman Jerome Powell made a formal request Monday to the central bank's inspector general to review the $2.5 billion renovation of its headquarters. Source link
White House ramps up attacks on Powell, Fed Reserve by lambasting headquarters' renovation
The White House intensified its attacks on Federal Reserve Chairman Jerome Powell, blasting his plans to renovate the central bank's headquarters as egregious and comparing it to the…
White House slams Powell over Fed finances, project cost overruns
THE White House on Thursday launched a fresh attack on Federal Reserve Chair Jerome Powell, with a top Trump administration official saying Powell had “grossly mismanaged” the central…
Sen. Bernie Moreno calls for Fed chair Powell to resign
Republican Sen. Bernie Moreno of Ohio has called for Federal Reserve Chair Jerome Powell to resign, saying his "personal feelings" are keeping the interest rates up. Source link
White House budget director accuses Fed chair of violating building rules in renovation
White House budget director Russell Vought suggested in a Thursday letter that Federal Reserve Chair Jerome Powell is in violation of government building rules in the renovation of the…
STI up 0.4% on Thursday as investors stay positive despite tariff uncertainty, split Fed views
Across the broader market, gainers outnumber losers 324 to 175, with about 1.6 billion securities worth S$1.2 billion changing hands The local bourse maintained its positive momentum on…
US Fed minutes show committee split around inflation worries
The emerging divide among US Federal Reserve officials over the outlook for interest rates is being driven largely by differing expectations for how tariffs might affect inflation, a…
Powell silence on his future complicates Trump Fed chair search
As US President Donald Trump and his advisers begin weighing replacements for Federal Reserve chair Jerome Powell, they are running into one significant complication: It’s not clear that…
Gold prices ease ahead of US data as investors weigh Fed rate stance
Gold prices edged lower on Wednesday (Jul 2) as investors awaited US payroll data and assessed Federal Reserve chair Jerome Powell’s cautious stance on rate cuts, although a weaker US…
Travis Kelce Says the ‘Hardest’ Part of Hosting ‘SNL’ Was the Table Read Because He ‘Can’t Really Read That Well’: ‘Kind of a F–ed Situation’
Travis Kelce had some trouble behind the scenes when hosting “Saturday Night Live” in 2023. During a recent interview on the “Bussin’ with the Boys” podcast, the Kansas City Chiefs tight…
Fed Chair Says Trump Screwed Himself on Demand for Low Interest Rates
Donald Trump’s wishy-washy tariffs have been good for one thing: keeping Federal Reserve interest rates high, according to the central bank’s Chair Jerome Powell. Speaking at a European…
Fed Chair Powell: Size of Trump tariffs forced bank to pause rate cuts
Fed Chair Jerome Powell said Tuesday the magnitude of President Trump's April 2 "Liberation Day" tariffs forced the central bank to take its time instead of bowing to the White House and…
Gold rises on weaker US dollar as markets await Fed rate-cut clues
Gold prices rose on Tuesday (Jul 1), supported by a weaker US dollar, as investors awaited labour market data due later this week to assess the Federal Reserve’s potential rate-cut…
Decision on naming next Fed chair not ‘imminent’: White House
The White House said on Thursday no decision is imminent on naming a successor to Federal Reserve Chairman Jerome Powell, after a report suggested the president could do so this summer.…
Wall Street forecasts windfall for big US banks from Fed plan to ease leverage rule
Large US global banks can expect as much as US$6 trillion in additional balance sheet capacity and billions in freed up capital under a Federal Reserve plan to relax leverage rules, Wall…
US dollar slips as Trump considers naming next US Fed chair early
The US dollar dipped amid an increase of bets on US interest-rate cuts due to growing expectations that the next US Federal Reserve chairman is likely to ease monetary policy earlier than…
Asia: Stocks down with eyes on Mideast, dollar hit by Trump Fed comment
Most stocks fell on Thursday and oil rose as traders kept a nervous eye on the Iran-Israel ceasefire, while the dollar dropped after Donald Trump said he had a handful of candidates to…
Court blocks Trump's attempt to strip fed workers of union rights
A federal court Tuesday issued an injunction against President Trump's decision to strip collective bargaining rights from a wide swath of federal employees, saying his move amounted to…