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Federal Reserve policymakers are in a tough spot as they meet this week. Even before President Trump pushed through new tax cuts, federal spending adjustments and tariffs, the economy was slowing. The One Big Beautiful Bill Act increases anticipated federal deficits a bit more than $300 billion a year, but Mr.

—The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected it would do so twice more this year as concern grows at the central bank about the health of the nation's labor market. Fed officials, led by Chair Jerome Powell, had kept their rate unchanged this year as they evaluated the impact of tariffs, tighter immigration enforcement,…

When Donald Trump plays with import tariff fire, Wall Street has come to learn that he always chickens out. Hence the name TACO trade or Trump Always Chickens Out Trade. Unfortunately, the same cannot be said when Trump plays with Federal Reserve fire.

U.S. stocks drifted a bit below their record heights. Stocks have run to records on expectations that the Federal Reserve will announce on Wednesday its first cut to interest rates of the year. Treasury yields eased a bit after a report showing stronger sales at U.S. retailers did little to change expectations for the Fed to cut interest rates several times…

Today on the Senate floor, U.S. Senator Jack Reed, a leading member of the Senate Banking, Housing, and Urban Affairs Committee, urged his Senate colleagues to vote against Dr. That's because they have freedom to make tough decisions that may not be favored by the White House but that are necessary to achieve its dual mandate. It is unfortunate that Dr. Miran…

As expectations that the Central Bank will lower rates of interest continue to grow, the price of gold continues to surge, boosted by inflows into ETFs backed by gold. Data shows that collectively, about 17 metric tons of gold have been added to bullion-backed ETF holdings in the last week, underscoring resilient investor demand.  Platinum has also […]

FEDERAL RESERVE: An appeals court ruled Monday that Lisa Cook can remain a Federal Reserve governor for now, rebuffing President Donald Trump's efforts to remove her just ahead of a key vote on interest rates. Meanwhile, the Senate approved Stephen Miran, one of President Donald Trump's top economic advisers, for a seat on the Fed's governing board.

The following information was released by the U.S. Senate Committee on Banking, Housing, and Urban Affairs:. Washington, D.C. U.S. Senators Elizabeth Warren, Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee, and Reverend Raphael Warnock led a letter to Federal Reserve Board Chair Jerome Powell, Comptroller of the Currency Jonathan Gould,…

The following information was released by the U.S. Senate Committee on Banking, Housing, and Urban Affairs:. U.S. Senator Elizabeth Warren, Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee, released the following statement on the D.C. Circuit Court's decision rejecting President Trump's illegal attempt to fire Fed Governor Lisa Cook:.

—In a story published Sep. 15, 2025, about the Federal Reserve’ s upcoming policy meeting, The Associated Press erroneously reported how Cleveland Fed president Beth Hammack might vote.

The following information was released by the Cato Institute:. President Donald Trump's famous line from The Apprentice has been making a comeback since he returned to office in January, but a few days ago, he took it a bit too far by calling for the removal of Federal Reserve governor Lisa Cook. Trump has been hounding the Federal Reserve for months to lower rates,…

—After a late-night vote and last-minute ruling, the Federal Reserve began a key meeting on interest rate policy Tuesday with both a new Trump administration appointee and an official the White House has targeted for removal. Stephen Miran, a top White House economist who was confirmed by the Senate with unusual speed late Monday, was sworn in Tuesday as a member…

—U.S. stocks edged back from their record heights on Tuesday as the countdown ticked toward what Wall Street expects will be the first cut of the year to interest rates by the Federal Reserve. A report on Tuesday said shoppers increased their spending at U.S. retailers by more last month than economists expected. But it could also indicate solid spending by U.S….

Financial institutions are anticipating the U.S Federal Reserve’ s interest rate decision tomorrow and the FOMC Policy Statement. In acknowledgement of the South Africa Springboks supreme performance in New Zealand on Saturday, the USD/ZAR has also delivered rather solid results for the Rand. The USD/ZAR continues to challenge important values not seen…

As of this morning the USD/MXN is near the 18.35000 level depending on the bids and asks filtering through trading platforms, and as large players anticipate tomorrow’ s U.S Fed policy decisions. Large Forex traders are clearly anticipating a Federal Reserve interest rate cut tomorrow. The currency pair is within waters traded in July of 2024 which is an…

Throughout 2025, the Federal Reserve has kept interest rates steady after cutting them by a full percentage point in 2024. Inflation appears to be cooling, the job market is showing signs of softening, and at the August Jackson Hole, Wyoming, conference, Fed Chair Jerome Powell indicated that rate cuts could be on the table in upcoming meetings.