Fed’s Jefferson Supported Last Week’s Rate Cut, But Wants To Move Slowly On Further Cuts
Federal Reserve Vice Chair Philip Jefferson that he supported cutting rates at the last policy meeting but wants to move slower before the next one.
Federal Reserve Vice Chair Philip Jefferson that he supported cutting rates at the last policy meeting but wants to move slower before the next one.
Interest rates are in a good place to deal with persistently elevated inflation, Federal Reserve Governor Lisa Cook said Monday.
Federal Reserve Governor Stephen Miran said monetary policy remains restrictive and that he will continue to advocate for outsize interest-rate cuts.
President Trump and Chinese leader Xi Jinping finished a keenly watched 90-minute meeting to formalize a trade and tariff truce after months of chaos.
The Fed approved its second straight interest rate cut, though Chair Jerome Powell rattled markets when he threw doubt on whether another is to come.
President Trump and his team have buoyed markets in recent days with details about what they describe as a framework for a trade deal with China.
The Trump administration’s search for who will lead the Federal Reserve next year is well underway.