Trump says he’s chosen next Fed chair
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By Howard Schneider WASHINGTON, Dec 1 (Reuters) - The U.S. Federal Reserve, sometimes criticized for being too consensus-driven, may see a run of divided votes on interest rates that could weaken its policy message and intensify doubts about its independence from political influence.
The Federal Reserve’s top banking regulator on Tuesday released new guidelines for the agency’s supervision of the financial system, earning praise from industry trade groups and criticism from her predecessor.
Sentiment has shifted dramatically in favor of an interest rate cut.
WASHINGTON — 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 ...
WASHINGTON — 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 ...
Federal Reserve officials disagreed over whether they should lower interest rates at their December meeting after approving back-to-back reductions.
WASHINGTON -- Federal Reserve Governor Lisa Cook has sued the Trump administration in an effort to overturn President Donald Trump's attempt to fire her, launching an unprecedented legal battle that could significantly reshape the Fed's longstanding ...
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Federal Reserve governor says Trump ally ‘cherry-picked’ details to make mortgage fraud claim
Lawyers for Federal Reserve Governor Lisa Cook said allegations she committed mortgage fraud are “baseless” and urged the Justice Department to drop its inquiry.
WASHINGTON (AP) — The Federal Reserve cut its key interest rate Wednesday for a second time this year as it seeks to shore up economic growth and hiring, even as inflation stays elevated. But Fed Chair Jerome Powell also cautioned that further rate cuts ...
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 ...
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