Trump says he has made his choice for next Fed chair
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While President Trump has a list of five finalists for the next chair of the Federal Reserve, he said last week that he thinks he knows who he'll pick. "I think I already know my choice," Trump told reporters in the Oval Office regarding who will replace outgoing Fed Chair Jerome Powell,
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Is the Federal Reserve likely to cut interest rates in December? Here's what economists say.
The government's latest jobs data could affect whether Federal Reserve officials continue their push to ease borrowing costs.
WASHINGTON — President Donald Trump on Wednesday called on Federal Reserve governor Lisa Cook to resign after a member of his administration accused Cook of committing mortgage fraud. Bill Pulte, director of the agency that oversees mortgage giants ...
Because the number of meetings has changed over time and the FOMC does not always have 12 voters, I have collated the annual dissent rate in the chart below. The Fed generally reaches consensus, with only 15 per cent of voters dissenting in the peak year of disagreement in 1979. That is the equivalent of a 10-to-two vote.
The differences have been exacerbated by the government shutdown’s interruption of economic data, a particular challenge for a Fed that Chair Jerome Powell has often described as “data dependent.” The government’s last jobs report was for August, and inflation for September.
America at 250 could look at the best examples of public service—public service in which the governmental institution expired after encouraging the private sector.