New Fed Chair Warsh signals no rush on Trump’s rate cuts
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New Fed Chair Warsh signals no rush on Trump’s rate cuts
Agencies New Federal Reserve Chair Kevin Warsh said Wednesday that the central bank would remain independent and seek to bring down inflation, likely foreclosing the rate cuts President Donald Trump has sought. In remarks at a central bank conference in Sintra, Portugal, Warsh said that if business»»»
Trump wants the Fed to lower rates. The government shutdown could make that less likely
— President Donald Trump has spent much of the year urging the Federal Reserve to deliver aggressive rate cuts in order to boost the economy. But the government shutdown ironically threatens the very momentum the administration seeks to preserve. That’s because the shutdown has suspended the releas»»»
Japan manufacturers’ mood the best in three years after tariff deal – Reuters poll
Japanese manufacturers’ sentiment was its best in more than three years in September, the Reuters Tankan poll showed, with trade uncertainties easing after Japan reached a tariff deal with the U.S. in July. The monthly poll tracking the Bank of Japan’s quarterly business survey showed the manufactu»»»
Fed rate cut in July? Inside the US central bank, few takers
Despite President Trump's call for rate cuts due to tame inflation, the Federal Reserve is hesitant, awaiting more data. Most policymakers, including Susan Collins, prefer to observe the impact of tariffs on inflation and unemployment, with the job market remaining solid. Despite President Trump's »»»
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