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Hassett Says White House Probing Fed Renovation Costs, Authority to Fire Powell
U.S. President Donald Trump has the authority to fire Federal Reserve Chair Jerome Powell for cause if evidence supports that, White House economic adviser Kevin Hassett said on Sunday, adding that the Fed "has a lot to answer for" on renovation cost overruns at its Washington headquarters.
The average rate on 30-year fixed home loans increased to 6.72% for the week ending July 10, up from 6.67% last week.
Where’s all the inflation from the Trump trade wars? So far, the evidence really hasn’t shown up — but many economists say it ...
U.S. President Donald Trump says the Federal Reserve should set its benchmark interest rate at 1% to lower government ...
No interest rate cut by Federal Reserve as inflation remains above target 05:58. The Federal Reserve said Wednesday that it will leave its benchmark rate unchanged, hitting the brakes on ...
The Federal Reserve announced the first interest rate cut in four years at its September policy meeting amid progress in slowing down the pace of inflation toward its 2% goal.
If the Federal Reserve is successful in bringing inflation down, it might decide to begin lowering the federal funds rate at some point — and interest rates on consumer products will ...
Federal Reserve holds interest rates steady, projects three rate cuts later this year. Updated March 20, 2024 5:32 PM ET Originally published March 20, 2024 2:06 PM ET. Scott Horsley ...
Mr. Pollock is a Senior Fellow at the Mises Institute, the author of 'Finance and Philosophy--Why We’re Always Surprised' and ...
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