—Trump will nominate former Federal Reserve governor Kevin Warsh as the next Fed chair.
Economic News
STARKVILLE, Miss.— John J. Green, director of the Southern Rural Development Center at Mississippi State University and professor in the Department of Agricultural Economics, has been named a Community Development Research Fellow with the Federal Reserve Bank of St. Louis, a part of the Federal Reserve System's network of regional banks that help promote a…
–Buy the BTC/USD pair and set a take-profit at 92,000.– Add a stop-loss at 84,000. Bitcoin price continued its consolidation on Thursday after the Federal Reserve delivered its interest rate decision and as ETF outflows continues. The BTC/USD pair also wavered after Donald Trump announced that he would attack Iran unless its leaders made a deal with the…
The White House's threats to use force to seize Greenland from Denmark and the launch of a Justice Department criminal investigation into Federal Reserve Chair Jerome Powell are profound and needless assaults on two of the most important pillars of American power and prosperity— NATO and central bank independence. For starters, using force against the…
The Federal Reserve left interest rates alone at its first meeting of the year, keeping borrowing costs at a multiyear high for Americans as policymakers grow more cautious. Before restarting rate cuts, policymakers will likely want to see convincing evidence that either inflation is retreating back to 2% or that the labor market is starting to lose more…
Im Lorie Logan, and I proudly serve as the president and chief executive officer here at the Federal Reserve Bank of Dallas. We are one of 12 regional reserve banks that, along with the Board of Governors in Washington, make up the Federal Reserve System. The 12 Federal Reserve banks serve as the local regional operational arms of the Federal Reserve System,…
John Kennedy and Andy Kim, members of the Senate Banking Committee, today reintroduced the Close the Shadow Banking Loophole Act to ensure companies that operate like banks follow the same rules and receive the same Federal Reserve oversight banks do. Currently, some companies can offer banking services through industrial loan companies, whose parent…
Jan. 29— Officials from Pullman- based Schweitzer Engineering Laboratories announced Thursday that company president David E. Whitehead has been appointed to an advisory council for the Federal Reserve Bank of San Francisco. Whitehead will join business leaders from nine other states on the 12th District Economic Advisory Council. In Pullman, Whitehead…
Mr. Trump, writing on Truth Social, said the decision not to cut rates would harm the country. “We should have a substantially lower rate now that even this moron admits inflation is no longer a problem or threat,” Mr. Trump wrote of Mr. Powell.“ He is costing America Hundreds of Billions of Dollars a year in totally unnecessary and uncalled for INTEREST EXPENSE.”.
—President Donald Trump said he plans to announce his choice for chairman of the Federal Reserve on Friday morning, a long-awaited decision that could set up a showdown on whether the U.S. central bank preserves its independence from the White House and electoral politics. For the past year, the president has aggressively attacked Fed Chair Jerome Powell, whose…
2026 JAN 29– By a News Reporter-Staff News Editor at NewsRx Policy and Law Daily– Investigators discuss new findings in Investment. For more information on this research see: Whistleblowers and Financial Fraud. Journal of Financial Stability, 2026; 82. Journal of Financial Stability can be contacted at: Elsevier Science Inc, Ste 800, 230 Park Ave, New York, NY…
—The Federal Reserve is on track to keep interest rates steady Wednesday and defy the Trump administration's controversial efforts to reshape the independent central bank. "After cutting interest rates at each of the last three meetings, we expect the to take an extended pause," Michael Pearce, chief U.S. economist at Oxford Economics, wrote in a Thursday…
An independent U.S. monetary authority is imperative for economic growth, prosperity, stability, and- indeed- sustainability. About 50 years ago, my dissertation developed an early model of the monetary system and measured the effects of Federal Reserve policy. After the Panic of 1907, Congress created the Federal Reserve in 1913, formally added the Federal…
WASHINGTON- The Federal Reserve held interest rates steady on Wednesday amid what U.S. central bank chief Jerome Powell described as a solid economy and diminished risks to both inflation and employment, an outlook that could signal a lengthy wait before any further reductions in borrowing costs. "We expect the Federal Reserve to remain on an extended pause.
2026 JAN 28– By a News Reporter-Staff News Editor at Math Daily News– Fresh data on mathematics are presented in a new report. Our news journalists obtained a quote from the research from Central Michigan University:“ Federal Reserve interest rate cuts during the 2019-2020 easing cycle influenced the performance of equity mutual funds, with a particular…
—Federal Reserve keeps interest rates unchanged even as Trump continues to press for lower rates.
WASHINGTON- U.S. consumer confidence slumped to the lowest level in more than 11-1/ 2 years in January amid mounting anxiety over a sluggish labor market and high prices, which could see households becoming more cautious about spending. The U.S. central bank is expected to leave interest rates unchanged on Wednesday. "Admittedly, the expectations index has…
While many individuals dream of owning their own business, the fact is that starting a new business is never easy, with over one-fifth of all startups typically not surviving past year one of operation, and nearly half never reaching their fifth anniversary, according to the U.S. Bureau of Labor Statistics. If you are thinking about starting a new business in…
The White House's threats to use force to seize Greenland from Denmark and the launch of a Justice Department criminal investigation into Federal Reserve Chair Jerome Powell are profound and needless assaults on two of the most important pillars of American power and prosperity— NATO and central bank independence. For starters, using force against the…
