News

A top Fed official, considered a candidate to replace Powell, keeps calling for a rate cut this month
Fed Governor Christopher Waller, at a New York event, said the US central bank should lower borrowing costs at its July 29-30 ...
Federal Reserve's Waller says central bank should cut rates at next meeting
A top Federal Reserve official said late Thursday that the central bank should cut its key interest rate later this month, ...
Fed Gov. Waller Makes the Case for Cutting Interest Rates in 2 Weeks
Federal Reserve Gov. Christopher Waller on Thursday called for the central bank to cut interest rates at its July meeting, ...
Jerome Powell defends $2.5B Federal Reserve renovation: ‘Good stewards of public resources’
Federal Reserve chairman Jerome Powell defended his $2.5 billion headquarters renovation project near the National Mall ...
Top Fed Official Backs July Rate Cut as Trump Ramps Up Pressure
Christopher Waller, a potential contender to be the next chair of the central bank, said the Federal Reserve should not wait ...
Why the White House is attacking Jerome Powell over the ‘Taj Mahal on the National Mall’
Fed Chair Jerome Powell is under fire from the White House, which accuses him of bungling a renovation of the Fed's HQ and ...
Inflation Won’t Lead to Rate Cuts but a Weakening Economy Just Might
President Donald Trump may ultimately get his wish for lower interest rates, but it isn’t likely to be the result of his ...
White House Seeks to Inspect Fed Renovation in Bid to Pressure Powell
Russell T. Vought, the head of the Office of Management and Budget, said he and other administration officials wanted access ...