News

The Trump-Powell feud keeps heating up. Meet the betting markets' top picks to replace the Fed chief.
Four potential Powell replacements have been shortlisted by the betting market. Here's who's in the running to be the next ...
Fed's Waller wants July interest rate cut amid rising growth, job market risks
Federal Reserve Governor Christopher Waller said on Thursday he continues to believe the U.S. central bank should cut ...
Top Fed Official Backs July Rate Cut as Trump Ramps Up Pressure
Christopher Waller, a potential contender to be the next chair of the central bank, said the Federal Reserve should not wait ...
Trump appointees pushed more marble in Fed building renovation White House now attacks
President Donald Trump has looked to the marble finishes and hefty price tag of the Federal Reserve headquarters to claim ...
The Global Risks That Come With the Loss of an Independent Fed
It isn’t just the U.S. Other countries have also come to expect an independent U.S. central bank.
Fed’s Cook says the central bank is using AI in all these ways, but not for setting policy
One Fed paper found LLMs have a surprisingly good understanding of the economic topics discussed in the Fed’s minutes, while ...
Waller says he's willing to lead Fed if Trump asks, but no contact so far
Federal Reserve Governor Chris Waller, an advocate for an immediate interest rate cut, said on Friday he would accept the job ...
Powell once said he couldn’t imagine leaving the Fed early—other than dying. ‘You will not see me getting in the lifeboat’
"It doesn't occur to me in the slightest that there would be any situation in which I would not complete my term other than ...