Trump calls it ‘highly unlikely’ he’ll fire Fed chair Powell
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Fed, inflation and interest rate
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The independence of central banks, which allows policymakers to operate free from political meddling, is considered sacrosanct by investors and economists.
Federal Reserve governor Adriana Kugler said the Fed should hold interest rates steady for a while to come, because new trade barriers are likely to spark more inflation in the months ahead. Speaking at a housing conference in Washington,
Former Federal Reserve Governor Kevin Warsh, seen as a potential successor to Fed Chair Jerome Powell, said on Thursday there needs to be a new accord between the Treasury Department and U.S. central bank,
With the Federal Reserve's July meeting on the horizon, many prospective homebuyers and homeowners are wondering what it could mean for mortgage rates. After years of relatively high borrowing costs, even the slightest dip could open doors for those hoping to buy or refinance. But the path forward is far from clear.
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MLive Flint/Saginaw/Bay City on MSN‘Get rid of them all,’ Flint residents fed up with government gridlockCouncilmembers have clashed for months, frequently failing to pass basic resolutions or elect new leadership. Meetings have been marked by walkouts, hours-long delays, and procedural stalemates.
By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Bank of New York President John Williams declined on Wednesday to comment on President Donald Trump’s attacks on the central bank and what it might mean if the president were to somehow remove the Fed’s leader from office.