Shrinking GDP and Elevated Inflation Put Fed in Tough Spot
The Federal Reserve is in a tough spot following new data Wednesday reinforcing slower economic growth and higher inflation during the first quarter.
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Bessent: US and China Tariffs Need to Come Down Before Talks Can Start
Treasury Secretary Scott Bessent denied that the Trump administration is considering unilaterally slashing steep tariffs on Chinese imports.
Judge Halts Mass Layoffs at CFPB. Trump Administration Aims to Narrow Agency’s Focus.
A fast-moving “reduction-in-force” initiative targeted 90% of the beleaguered agency’s staff.
Who Could Replace Jay Powell as Fed Chair — Whenever it Happens
Trump has been thinking about firing Federal Reserve Chair Jerome Powell for some time. But who would replace him, if it happens?
Jay Powell Made It Clear Fed is Not Going to Rescue Markets
Jerome Powell delivered a clear message to markets this week: I'm not coming to the rescue.
Fed's Williams Sees No Looming Need to Change Monetary Policy - Fox Business
Federal Reserve Bank of New York President John Williams said Thursday he sees no imminent need for a change in central bank interest rate policy.
Trump Says Powell's "Termination Cannot Come Fast Enough"
Trump blasted Fed chair Jerome Powell on Thursday with the strongest suggestion yet of his intention to try to fire the nation's most policymaker.
