Trump Meets with Fed Chair Jerome Powell
Digest more
Policies from the Trump administration, which have called for a broad reduction in federal government workers and spending, could negatively impact the labor market.
In a rare move, the US Federal Reserve issued a statment reaffirming its non-partisan stance after the central bank’s Chair Jerome Powell met with US President Donald Trump
Tens of thousands of workers have already been fired in just the first five months of the Trump administration, CNN reported. But the Supreme Court in a ruling said that there’s one federal worker that Trump can’t just summarily dismiss: the chairman of the board of the Federal Reserve system.
The Fed continues quantitative tightening, reducing its balance sheet while managing excess reserves and liquidity to stabilize markets. Read about the Fed's main challenges.
8d
Cryptopolitan on MSNFederal Reserve’s balance sheet runoff is starting to strain the repo marketPressure is building inside the Federal Reserve’s funding network as its balance sheet runoff drags on. According to remarks delivered Thursday by Roberto Perli, who manages the System Open Market Account at the New York Fed,
2d
Axios on MSNFed officials called out financial system risks as tariffs stoked sell-off, minutes showThe intrigue: Some officials called out last month's unusual mix of financial market conditions, which saw rising borrowing costs and the U.S. dollar depreciating, alongside falling stock prices. It's a combination that suggested investors might be losing faith in the U.S. as home to the world's safest assets.
The Federal Reserve is the central bank of the United States and the anchor of the country's financial system and economic health. It’s governed by a federal Board of Governors appointed by the ...
The Federal Reserve has put interest rate cuts on hold until it has more clarity about President Trump’s policies.