News

Mortgage Rates Dropped Ahead of This Week's Fed Meeting—But the Link May Be Weaker Than You Think
Mortgage rates have dropped, but it's not likely tied to the latest Fed news. Here’s why waiting for a Fed rate cut could be ...
Trump fires US labor official over data and gets earlier than expected chance to reshape Fed
In a second surprise economic policy development, Fed Governor Adriana Kugler unexpectedly announced her resignation on ...
The Fed's Preferred Inflation Gauge Shows Rising Price Pressures
Inflation picked up in June, as measured by the Federal Reserve's preferred gauge, reflecting the continued price pressures ...
Trump Claims He 'Most Likely' Will Not Fire Fed Chair Jerome Powell
President Donald Trump claimed Friday he “most likely” will not fire Federal Reserve Chair Jerome Powell, despite ...
Did the Fed just royally screw up?
That same day, Fed Chair Jerome Powell told reporters that a “solid” labor market means central bankers still have the luxury ...
The Jobs Report Stunned. The Fed Has to Recalculate.
Friday’s jobs report delivered a jolt to policymakers and markets alike. U.S. employers added just 73,000 jobs in July, and ...
Weakening US jobs market hits center of Fed rate policy debate
Surprisingly weak July hiring data released on Friday highlighted a fractious Federal Reserve debate over whether the central ...
Trump calls on Federal Reserve board to wrest full control of central bank from Fed Chair Powell
President Donald Trump is calling for the Federal Reserve’s board of governors to usurp the power of Fed Chair Jerome Powell.