News

Trump blasts Fed chair again, Powell costing the U.S. a 'fortune'
The crypto market remained at a rather static stage as President Donald Trump again blasted Federal Reserve Chairman Jerome ...
Fed likely to leave rates unchanged as US job market cools but doesn't crumble
Federal Reserve policymakers have already signaled they are in no rush to cut interest rates, and a government report on ...
Tariffs' Toll on Jobs Is Limited So Far, Giving the Fed a Break
The U.S. labor market remained on firm footing in May—even as concerns mounted that higher tariffs would prompt employers to ...
Healthy US employment data keeps Fed on hold for the summer
The US economy gained 139,000 non-farm jobs in May, although gains for March and April were revised down by a combined 95,000 ...
Fed's Bowman lays out ambitious agenda to overhaul and ease bank oversight
The Federal Reserve's new top regulatory official laid out an ambitious agenda for revisiting and easing numerous bank rules ...
Businesses Expect to Pass Along 50% of Tariffs, Fed Survey Finds
Business expect to pass through roughly half of tariff-related expenses to US consumers still reeling from the pandemic-era ...
Fed Beige Book shows stagflationary conditions worsened in May
The Beige Book for the period to May recorded a slowdown in economic activity, a looser labour market and an outlook that ...
Chicago Fed chief: Iowa, with its manufacturing and ag jobs, highly affected by tariffs
The head of the Chicago Federal Reserve says tariffs cast uncertainty over Iowa's economy due to its reliance on agriculture ...
Fed’s Kugler: Higher Inflation Bigger Risk Than Weak Employment
She currently sees inflation as a bigger risk than deteriorating employment conditions. “My focus right now is on inflation.