Trump Prepares to Oust Fed Boss Powell, Says New Chair Decision ‘Very Soon’
U.S. President Donald Trump is expressing growing dissatisfaction with Federal Reserve Chair Jerome Powell, and just ahead of the weekend,…
Tag: Fed
Fed Signals End to Ambiguous Crypto Rules, Clearing Road for Innovation
The Federal Reserve is accelerating efforts to eliminate regulatory gray zones, pledging precise digital asset guidance to unlock innovation in…
Fed is in 'Really Difficult' Position, Says Kitty Richards
Kitty Richards, senior strategic advisor at the Groundwork Collaborative, reacts to the May jobs numbers and what it means for…
Fed Will ‘Sit on Hands’ After May Jobs Report: Rieder
Rick Rieder, BlackRock CIO of global fixed income, reacts to the May employment report and discusses what it could mean…
Bond Traders Look to US Jobs Report for Signals of Fed Rate Path
Bond traders will dissect the May jobs report for any signs of a softening labor market as they gauge the…
ECB Slashes Rates Again—While the Fed Stands Frozen
The European Central Bank (ECB) trimmed its key interest rate by 25 basis points on Thursday, June 5, 2025, reducing…
Weak jobs data sparks talk of a Fed rate cut — plus, Amazon’s new AI investment
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time…
Fed ‘Beige Book’ economic report cites declining growth, rising prices
A store closing sign is displayed as customers shop during the last day of a store closing sale at a…
Dow Jones snaps win streak as Fed Beige Book flags weak growth, rising costs
U.S. stocks ended mixed Wednesday after a weak private payrolls report and a cautious economic outlook from the Fed’s Beige…
Fed Beige Book flags modest decline in activity, stable labor market
In a live reaction to the Federal Reserve’s Beige Book release Wednesday afternoon, Bloomberg’s Federal Reserve and economics reporter Catarina…