Fed's Barr Casts Doubt On AI As Rate-Cutting Tool
Federal Reserve governor Michael Barr said Tuesday that the boom in artificial intelligence "is unlikely to be a reason for lowering policy rates.
Federal Reserve governor Michael Barr said Tuesday that the boom in artificial intelligence "is unlikely to be a reason for lowering policy rates.
Kevin Warsh, nominated to lead the Federal Reserve, may want a smaller central bank balance sheet, but he’s unlikely to get it.
Lawmakers and the White House offered no signs of compromise Sunday in their battle over oversight of federal immigration officers.
The top antitrust official in the Trump administration is leaving her post amid tension about greenlighting big mergers in recent months.
President Trump is said to be considering exiting the North American trade pact, according to a report in Bloomberg.
A much-anticipated labor market update isn't due out until Wednesday morning, but the White House is already working to temper expectations.
Treasuries extended losses after Chinese regulators were said to have advised the financial institutions to rein in their holdings of US bonds.