News

Trump's 'Big, Beautiful Bill' Will Add $2.4 Trillion in Debt, CBO Predicts—as President Again Calls for Fed Chair Jerome Powell To Lower Rates
The president's budget proposal sits with the Senate, but whether it'll listen to the CBO's findings remains to be seen.
Trump urges Federal Reserve to slash interest rates by a full percentage point
The president has repeatedly berated Powell for not cutting rates as he desires. The two men met face-to-face for the first ...
Job Numbers Look Strong – But They Aren’t; The Fed’s Political Dilemma
The Fed has a dilemma. Inflation, as measured by the CPI, is well on its way to the Fed’s 2% target. And a slowing economy ...
Powell taps DOJ inspector general as new watchdog for Fed, CFPB
Michael Horowitz previously won praise from Trump supporters for uncovering problems in the FBI’s handling of the ...
Fed policymakers flag inflation concerns, a view that argues against rate cuts
A pair of Federal Reserve policymakers signaled on Thursday that they believe higher inflation is for now a more pressing ...