Fed’s Stephen Miran resigns from White House post
Federal Reserve Board Governor Stephen Miran speaks on “Regulations, the Supply Side, and Monetary Policy” during the Delphi…
Claudia Sahm: ‘I don’t have a good feeling’ about labor, Fed, at present
Analysts’ favourite gauge of the U.S. economy’s health comes from data. And at the moment, the numbers look…
Jim Chalmers defends ‘professional’ Fed boss Jerome Powell in face of Trump attacks
Treasurer Jim Chalmers has defended US central bank boss Jerome Powell as professional and diligent after the Trump…
10-year Treasury slides after core inflation reading is less than expected
Traders work on the floor at the New York Stock Exchange in New York City, U.S., Jan. 6,…
White-Collar Job Bloodbath: Why Hiring Is Down, Layoffs Are up
When Gbenga Ajilore thinks about America’s job market, a few things keep him up at night: The slowing…
Case for more Fed rate cuts could rest on ‘systematic overcount’ of jobs
In the Federal Reserve’s battle between fighting inflation and limiting unemployment, the latter side carried the day Wednesday…
Economist Mohamed El-Erian says next Fed chair should reform central bank
As the Federal Reserve eyes a period of transformation to a new chairman, famed economist Mohamed El-Erian is…
Here’s When And What To Expect From Delayed Economic Reports
Topline National Economic Council Director Kevin Hassett said Thursday the delayed jobs data for last month will be…
Top investment bank looks under the hood of the economy and finds ‘the labor market doesn’t look that good’
A leading investment bank has delivered an arresting diagnosis of the U.S. economy: the labor market, long a…
Powell says that, unlike the dotcom boom, AI spending isn’t a bubble: ‘I won’t go into particular names, but they actually have earnings’
“I won’t go into particular names,” Powell told reporters after the Fed’s policy meeting, “but they actually have…
US Fed split deepens as officials clash over rate cuts and stubborn inflation
WASHINGTON, Nov 1 — A senior member of the US Federal Reserve on Friday said he voted against…
Powell cuts rates in the dark in historic move, with no jobs data and Trump heckling from abroad
The Federal Reserve lowered its benchmark interest rate by a quarter of a percentage point on Wednesday, a…