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Fed needs to stay independent on monetary policy, Fed vice chair says
"It's very important that we maintain our independence with respect to monetary policy," Michelle Bowman, vice chair for ...
US Treasury's Bessent calls for review of Fed non-monetary policy operations
U.S. Treasury Secretary Scott Bessent said the Federal Reserve's vital independence on monetary policy is threatened by its ...
Agence France-Presse on MSN8h
US Treasury chief says no reason for Fed chair to step down
US Treasury Secretary Scott Bessent said Tuesday that he did not see a reason for Federal Reserve Chair Jerome Powell to ...
US economic activity rises but outlook pessimistic, Fed says
U.S. businesses told the Federal Reserve in June and early July that the loss of immigrant labor is adding to their struggles ...
Collins says solid economy gives Fed time to assess next move
Federal Reserve Bank of Boston President Susan Collins said she continues to believe the US central bank can be patient in ...
Just 1 in 4 US adults say Trump's policies have helped them, a new AP-NORC poll finds
Just 1 in 4 U.S. adults say President Donald Trump’s policies have helped them. That's according to a new AP-NORC poll that ...
US economic activity up but outlook pessimistic, Fed says
U.S. economic activity increased slightly in recent weeks, but the outlook was neutral to slightly pessimistic, the Federal ...
Are Trump's tariffs helping the US economy? Experts weigh in
Trump has rolled back many of his steepest tariffs over recent months, including a sky-high levy on China, the top source of ...
Al Jazeera on MSN10h
Why Trump’s attacks on Jerome Powell are raising fears for the US economy
The US president’s broadsides against the Fed chair have prompted concern about the independence of the US central bank.
A top Fed official, considered a candidate to replace Powell, keeps calling for a rate cut this month
A top official at the Federal Reserve on Thursday reiterated his call for an interest rate cut later this month, despite data showing ongoing resilience in the US economy and other central bankers ...
Goldman Sachs warns of slower US growth amid rising tariff pressures
Goldman Sachs forecasts slower US economic growth due to rising tariffs, expecting just 1.1% annual GDP expansion through ...
AUD/USD extends gains as Fed uncertainty threatens the US Dollar ahead of Australian PMI data
The Australian Dollar (AUD) is extending its climb against the US Dollar (USD) on Tuesday as a softer Greenback and a ...