News

Trump appointees pushed more marble in Fed building renovation White House now attacks
President Donald Trump has looked to the marble finishes and hefty price tag of the Federal Reserve headquarters to claim ...
The Fed defends against White House attacks on headquarters renovation
Fed Chairman Jerome Powell defends the central bank's $2.5 billion renovation project against Trump administration criticism ...
Fed’s Cook says the central bank is using AI in all these ways, but not for setting policy
One Fed paper found LLMs have a surprisingly good understanding of the economic topics discussed in the Fed’s minutes, while ...
Fed’s Kugler Says Tariff-Driven Inflation Should Leave the Fed on Pause
Federal Reserve governor Adriana Kugler said the Fed should hold interest rates steady for a while to come, because new trade ...
Look at Turkey if you want to know why markets hate the idea of Trump messing with the Fed
"I certainly think there are lessons to be learned there that the administration should be aware of," said Morningstar Wealth ...
Waller says he's willing to lead Fed if Trump asks, but no contact so far
By Howard Schneider WASHINGTON (Reuters) -Federal Reserve Governor Chris Waller, an advocate for an immediate interest rate ...
Exclusive: Elizabeth Warren is no Jerome Powell cheerleader—but she fears the next Fed boss won’t have the ‘brains and the guts’ to stand up to Trump
Warren added the next Fed chair will face a tough task proving they’re committed to central bank autonomy, as concerns grow ...
The Global Risks That Come With the Loss of an Independent Fed
Low rates can also inflate financial markets. Investors, unable to generate strong returns in safe assets, such as short-term ...