News

Latest financial numbers offer some warning signs for economy
It’s possible that the disappointing numbers are growing pains, or they may be a preview of more disruption to come.
In a dissent not seen in three decades, two Fed governors wanted to cut interest rates and here is why
Federal Reserve Governors Bowman and Waller dissented from this week's decision to hold interest rates steady and explained ...
Trump calls on the Federal Reserve board to take full control of the central bank from Powell
WASHINGTON (AP) — President Donald Trump on Friday called for the Federal Reserve’s board of governors to usurp the power of ...
Fed Governor Steps Down Early, Giving Trump Opportunity to Shape Central Bank
The resignation comes as President Trump has openly pressured the central bank to lower interest rates and called for Jerome ...
Fed spearheads effort to ease 'Basel III endgame' capital requirements, Bloomberg News reports
The Federal Reserve has begun developing a new risk-based capital rule aimed at easing the burden on the largest U.S. banks ...
Here's the case for lower rates from the Fed's 2 dissenting voices
The Fed opted against cutting rates, but a rare dissent from two governors says the central bank risks being too late amid a ...
Fed officials Bowman, Waller link their policy dissents to job market concerns
The two Federal Reserve governors who favored an interest rate cut at the U.S. central bank's policy meeting this week said on Friday they did so largely due to rising concerns about the job market, ...
Bowman, Waller argue for rate cuts, citing weakening labor market, limited inflation from tariffs
Slower economic growth and softer labor market dynamics warrant cutting the federal funds rate target range by 25 basis ...
Fed Starts Talks on a Looser Version of Basel III Endgame
The Federal Reserve has kicked off the process for putting together a new risk-based capital rule that would be less ...
Bowman, Waller Explain Their Fed Dissents
Bowman and Waller explained their dissents against the Fed's hold-steady move in separate statements Friday morning. The Trump appointees' votes in favor of rate cuts marked the first time that two ...