News

Trump’s attacks on Powell threaten the Fed’s independence. Here’s why it matters
The developments are occurring against a backdrop of wider turmoil in the economy and financial markets, brought on by ...
Trump Needs Someone to Blame
Trump forced out two FBI directors because they would not follow his orders: James Comey at the beginning of Trump’s first ...
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Jimmy Carter's Complex Economic Legacy: High Inflation, But Effective, Hawkish Fed Under Volcker
President Jimmy Carter, who died at his home on Sunday ... disastrous for his 1980 reelection bid. According to the Federal Reserve Bank of St. Louis, inflation neared 6% in 1976 before ...
Trump vs Powell: Fed Board chair isn't guaranteed to be FOMC chair
President Donald Trump has ramped up the pressure on Federal Reserve Chairman Jerome Powell for not cutting interest rates.
Fed chair nears second chance to channel his hero
Jerome Powell’s impressive soft landing only leads to more hard choices. The Federal Reserve chairman’s feat leading an ...
Fed chair warns of high inflation and slow economic growth. What is stagflation?
Financial experts worry the tariffs will slow the economy and increase inflation, leaving the Fed in a difficult position.
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Jimmy Carter’s funeral: Fanfare for the common man with an extraordinary life
Friends, family and even a long-deceased former rival honored Jimmy Carter on Thursday at ... industry), appointing Paul Volcker to the Federal Reserve (who curtailed inflation), championing ...