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Federal Reserve (Fed) Governor Michelle Bowman said on Saturday that the latest weak labor market data underscores her concerns about labor market fragility and strengthens her confidence in her own ...
Donald Trump wants a Federal Reserve chairperson who will cut rates, which are currently 4.5 per cent, to 1 per cent. Delusional? Perhaps, but this is Trumpworld. Trump isn’t the first president ...
But while the Fed did not cut rates, last night's vote was the first since 1993 in which two members of the Fed's seven-person Washington-based board of governors have dissented against the majority.
The Federal Reserve got a new legal headache Thursday when a money manager sued Chair Jerome Powell and other central bank policymakers in a Washington, D.C., federal court. The lawsuit alleges ...