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Powell signals Federal Reserve to move slowly on interest rate cuts
Fed Chair Jerome Powell signaled caution on more rate cuts, diverging from Trump-appointed officials pushing for faster, deeper reductions.
Federal Reserve cuts key rate for first time this year
WASHINGTON (AP) — The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected it would do so twice more this year as concern grows at the central bank about the health of the nation’s labor market. The move is the Fed’s first cut since December and it lowered its short-term rate […]
Senate committee approves Trump’s Fed Board nominee, raising concerns about its independence
A Senate panel approved Trump nominee Stephen Miran for the Fed board in a partisan 13-11 vote, setting up a likely full Senate confirmation.
Trump Fed pick Stephen Miran plans to keep White House job
Fed nominee Stephen Miran plans to keep his White House role, fueling Democratic criticism.
