Trump calls on Fed’s Cook to resign
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Powell at Jackson Hole, Fed Minutes, Walmart Earnings
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Fed, US stocks
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The Federal Reserve is conducting technical research in such areas as tokenization, smart contracts, and artificial intelligence in payments, Fed Governor Christopher Waller said on Wednesday.
A potential candidate to succeed Federal Reserve Chair Jerome Powell, David Zervos, said that it’s inaccurate to describe the US central bank as independent, and characterized the outgoing Fed chief as aligned with the political left.
Fed rate cuts are unlikely to lower borrowing costs for American homebuyers, according to one CIO. Mortgage rates and home prices remain elevated.
South Africa's rand was little moved on Wednesday, despite the country's highest inflation reading for 10 months, as investors awaited minutes from the Fed's July meeting and a symposium later this week that could provide U.
3hon MSN
Hassett likely to be Trump's pick for Fed chief, though Warsh is more qualified, CNBC survey finds
President Donald Trump will tap his top economic advisor Kevin Hassett to be the next Fed chair, according to respondents to a special Jackson Hole Edition of the CNBC Fed Survey. But when asked who the president should pick, Hassett ranked a more distant fourth.
Risks from a loss of independence at the Federal Reserve, coupled with a warning from S&P Global this week that the U.S. credit rating could be at risk, are creating the possi
Wall Street will be listening closely to Federal Reserve Chair Jerome Powell's speech Friday at the Jackson Hole economic policy summit, where he could signal whether the central bank is ready to cut borrowing costs at its next meeting in September.
Charles Plosser, the former president of the Federal Reserve Bank of Philadelphia who became an outspoken critic of the Fed’s easy-money policies following the 2008 financial crisis, has died. He was 76.