Why the Job Market Is Giving the Fed Cover to Extend a Pause on Rate Cuts
Across a number of metrics, the labor market looks remarkably stable even as it has cooled. Monthly jobs growth has stayed solid and the unemployment rate has barely budged from its current level of 4 ...
Trump’s Executive Orders Leave Imprint on the Fed
The central bank has halted hiring to align with a White House directive and pulled back its work on climate change.
Treasury Secretary Scott Bessent wants to bypass the Fed to lower interest rates
Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got ...
Trump’s focus on 10-year Treasury yield to cut borrowing costs raises curiosity — and problems
Federal Reserve Chair Jerome Powell may be breathing easier now that the Trump administration intends to focus on the 10-year ...
US bond market lukewarm on Bessent's 10-year yield pledge
U.S. Treasury Secretary Scott Bessent's pledge to contain yields on 10-year Treasury notes met some skepticism in the bond ...
Bessent says Trump is focused on the 10-year Treasury yield and won't push the Fed to cut rates
While in the past Trump has implored the Fed to cut its benchmark rate, Bessent said the current strategy is using the levers ...
Fed Vice Chair Jefferson advocates remaining cautious on rates as policy drama unfolds
Jefferson echoed recent statements from other officials that it’s in the Fed’s best interest to move slowly as it evaluates ...
Will Tariffs Keep the Federal Reserve From Cutting Interest Rates This Year?
Like everyone else, Federal Reserve officials are watching and waiting to see what tariffs Donald Trump will impose and how they will affect the economy.
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Does Monetary Policy Tightening Reduce Inflation?
Recent research has identified periods when the Federal Reserve intentionally acted to slow inflation when it exceeded ...
Real World Economics: The Fed cannot save our wayward economy
An applied Friedmanite, Volcker understood that excess growth of the money supply was the root cause of this ...
Top Fed officials’ comments highlight split on central bank about next interest-rate cuts
The split came into clear focus on Friday, the first day Fed officials spoke publicly in the wake of the decision earlier in the week to hold its benchmark interest rate steady in a range of 4.25%-4.5 ...