Trump ramps up attacks on the Federal Reserve but Powell sticks to 'wait and see' stance
Read full article: Trump ramps up attacks on the Federal Reserve but Powell sticks to 'wait and see' stanceFederal Reserve Chair Jerome Powell is sticking to his position that the central bank will keep its key rate on hold while it waits to see how President Donald Trump’s tariffs effect the economy, defying the steady stream of criticism from the White House, which wants lower borrowing costs.
Big banks all pass the Federal Reserve's stress tests, but the tests were less vigorous this year
Read full article: Big banks all pass the Federal Reserve's stress tests, but the tests were less vigorous this yearThe Federal Reserve said all major banks passed this year’s stress tests, showing they can withstand a hypothetical severe economic downturn.
US Fed governor opens door to half-point rate hike in March
Read full article: US Fed governor opens door to half-point rate hike in MarchFederal Reserve Governor Michelle Bowman says she's open to lifting interest rates by more than the traditional quarter-point at the central bank’s next meeting in March.