Trump chills on threat to oust Fed chairman but wants a say in policy decisions
President-elect says he has no plans to ask or order Powell to step down, in spite of past criticism of the monetary body
AFP on MSN7d
US Fed expected to cut rates in last meeting of Biden era
The US Federal Reserve is widely expected to announce a quarter point cut to its key lending rate on Wednesday despite a recent uptick in inflation, in the central bank's last meeting of Joe Biden's presidency.
This week in Bidenomics: Early exit
At the Federal Reserve’s final interest rate-setting meeting of 2024, Chair Jerome Powell revealed that the central bank is starting to factor Trump policies into its monetary policy decisions. Powell didn’t mention Trump by name. But investors clearly understood this elliptical construct as a reference to the incoming president:
Coingape12d
Peter Schiff Says Biden Selling All US Bitcoin Would Be “Good,” Here’s Why
Peter Schiff has explained why the Biden government selling all the country's Bitcoin holdings would be a "good thing."
Dow drops 1,100 points after Fed announces quarter-point rate reduction
Federal Reserve Chairman Jerome Powell on Wednesday announced a 0.25% reduction in the Fed's lending rate, but the Dow posted a 10th straight day of losses.
November PCE: Key fed inflation gauge rose 2.4% annually
Softer PCE inflation in November will not accelerate Fed easing
PCE Inflation Lighter Than Expected in November
WJCL10d
Inflation report shows moderate increase; Fed likely to continue rate cuts as Biden administration touts economic legacy
November's inflation report showed a moderate 2.7% annual increase, which may give the Federal Reserve reason to continue cutting interest rates.
Bruce Ledewitz: Donald Trump is inheriting a stronger country thanks to Joe Biden
New York Times columnist Maureen Dowd’s conservative brother writes her column. This year, he crowed about Donald Trump’s victory: “Biden and Harris have left a huge mess. Trump is the right choice to fix it.
manilatimes6d
Fed set to cut in last meeting of Biden era
The US Federal Reserve is widely expected to announce a quarter point cut to its key lending rate on Wednesday despite a recent uptick in inflation, in the central bank's last meeting of Joe Biden's presidency.
Daily Sabah6d
Fed widely expected to cut rates in last meeting of Biden era
Despite a recent uptick in inflation, the U.S. Federal Reserve (Fed) is widely expected to announce a quarter-point reduction to its lending rate
Tuko on MSN6d
Fed expected to cut rates in last meeting of Biden era
The US Federal Reserve is widely expected to announce a quarter point cut to its key lending rate on Wednesday despite a recent uptick in inflation, in the central bank's last meeting of Joe Biden's presidency.
Stunning new data shows voters were right to question Biden-Harris job numbers
The White House and others kept pointing to jobs figures as proof of the Biden-Harris administration’s economic success. But voters intuitively knew better, and they were right.