News

Who will be the next Jerome Powell? Here's a look at the top contenders
President Trump accelerates search for Powell’s Fed chair replacement, eyeing Bessent, Bowman, and others amid controversial ...
What To Expect in Markets This Week: Big Bank Earnings, June Inflation, Retail Sales Data
Key Takeaways Earnings updates from several top financial institutions are scheduled, including JPMorgan Chase, Wells Fargo, ...
Fed considers changes to how it grades big banks
The Federal Reserve on Thursday proposed tweaks to how it evaluates large banks by making it easier for them to be considered ...
Wall Street Journal6d
Fed’s Bowman Says She Could Support a July Interest-Rate Cut
Federal Reserve governor Michelle Bowman said she could support a July rate cut if inflation stays in check. (Graeme Sloan/Bloomberg News) A top Federal Reserve official who resisted an aggressive ...
Fed at risk of a more divided, perhaps politicized, future: strategist
The Federal Reserve's next policy meeting in July may produce two dissents, from board members Christopher Waller and Michelle Bowman, which could signal a more fractured group of policy makers in the ...
What division inside the Fed means for future rate cuts
Fed Chair Jerome Powell has sketched out new conditions that could trigger rate cuts by summer’s end, but inflation remains a ...
Fed considering changes to what constitutes a ‘well-managed' bank
Under a proposal put up for comment Thursday, the Fed would allow banks with one “deficient” rating to still be considered ...
Fed minutes show narrow support for rate cut in July — but there’s a big divide brewing
Fed Governor Christopher Waller and Fed Vice Chair for Supervision Michelle Bowman have since said they felt rates could fall ...
Fed minutes likely to shine light on divide over tariffs, rates outlook
The minutes from the Federal Reserve's June 17-18 policy meeting are expected on Wednesday to show a divided central bank ...
Fed says most policymakers see risks tariffs will cause ‘persistent’ inflation
The majority of US Federal Reserve officials warned at its June meeting that President Donald Trump’s tariffs would have “persistent effects” on inflation amid a growing sch ...
Most Fed officials see rate cuts coming, but opinions vary widely on how many, minutes show
Federal Reserve officials diverged at their June meeting about how aggressively they would be willing to cut interest rates.
‘ANYBODY BUT “TOO LATE”‘: Who’s on Trump’s short list to replace Powell as Fed chairman
Donald Trump is narrowing down his short list of possible successors to Federal Reserve Chairman Jerome Powell, as he resists the president’s very public calls to cut interest rates. The ...