Treasury Secretary Scott Bessent said Wednesday he would push a new requirement that the Federal Reserve’s regional bank ...
Treasury Secretary Scott Bessent said Wednesday he would push a new requirement that the Federal Reserve’s regional bank ...
Treasury Secretary Bessent proposes requiring Fed regional bank presidents to live in their districts for three years, ...
WASHINGTON, Nov 21 (Reuters) - Comments from a top U.S. Federal Reserve official on Friday that interest rates can fall "in the near term" boosted the likelihood of a rate cut at the Fed's December ...
Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...
SAN FRANCISCO/DUBLIN, Nov 13 (Reuters) - Citing worries about inflation and signs of relative stability in the labor market after two U.S. interest rate cuts this year, a growing number of Federal ...
All Fed regional bank presidents up for reappointment in early 202The historically routine process of reappointing the Federal Reserve's 12 regional bank presidents is being watched for signs of ...
The proposal would allow the Fed Board, and effectively the White House, to veto candidates who haven’t lived three years in their district.
John C. Williams, president of the Federal Reserve Bank of New York, said the central bank had scope to lower borrowing costs “in the near term.” By Colby Smith Colby Smith covers the Federal Reserve.
Just a few weeks ago, a December interest rate cut was viewed as practically a done deal by many economists. Now, with fresh government data showing solid U.S. job growth in September, many ...
The central bank’s decision to lower interest rates last month was more divisive than it first appeared as officials splintered over how to weigh a weakening labor market against rising inflation. By ...
In this paper we exploit 150 years of tariff policy in the US and abroad to estimate the short-run effects of tariff shocks on macro aggregates. A careful review of the major changes in US tariff ...