Federal Reserve

Concerns over a potential recession are growing within the Trump administration, with some officials sounding the alarm and shifting the blame towards the Federal Reserve. Treasury Secretary Steven Mnuchin (not Scott Bessent) recently stated that certain sectors of the economy are already experiencing a recession, making a strong case for...

In a cautionary statement, Stephen I. Miran, the newest appointee to the central bank’s Board of Governors, has expressed concerns that his colleagues may be prioritizing the wrong economic threat. According to Miran, the Federal Reserve’s hesitance to rapidly reduce interest rates could inadvertently steer the economy into a recession....

The Federal Reserve’s latest meeting has concluded, and as expected, the central bank has made some significant announcements that are sending ripples through the financial markets. Here are five key takeaways from the Fed meeting: Firstly, interest rates remain unchanged, at least for now. The Fed decided to hold off...

Tensions in vital short-term funding markets have sparked concerns that the Federal Reserve may soon reconsider its strategy of gradually shrinking its massive balance sheet. The warning signs in crucial money markets have intensified the debate over the central bank’s plans to reduce its holdings of government debt and mortgage-backed...

As the Federal Reserve prepares to convene and consider a potential interest rate cut, savers are wise to review their current financial strategies to maximize returns on their hard-earned cash. With the economic landscape in a state of flux, comparing high-yield savings accounts and certificates of deposit (CDs) can help...

In a move that has sparked intense debate, the Federal Reserve has decided to rescind a mandate that required banks to plan for climate-related risks. The policy, introduced during the Biden administration, had been seen as a crucial step in ensuring that financial institutions were prepared for the potential impacts...

In a recent statement, John Williams, president of the Federal Reserve Bank of New York, expressed his growing concern over the weakening labor market. According to Williams, the current economic data suggests that the labor market is experiencing a slowdown, which could potentially have far-reaching implications for the overall economy....

In a temporary reprieve, the Supreme Court has allowed Lisa Cook to remain on the Federal Reserve Board, sparking cautious optimism among experts. However, the underlying concerns about the central bank’s independence persist, with many warning that the issue is far from resolved. The Supreme Court’s decision to permit Cook...

In a surprising move, Morgan Stanley has been granted a less stringent “stress test” by the Federal Reserve, a significant win for the investment bank. The annual exams, which are designed to assess the resilience of banks during economic downturns, had been a source of concern for Morgan Stanley, prompting...