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Trump Claims he Discussed Interest Rates With Fed Chair. Official Calendars Tell a Different Story.

Four Democratic senators have demanded disclosure of presidential contacts, while the Fed's website now specifies that its calendars include scheduled interactions.

International Business Times · Nov 9

US Stocks Gain on AI Rally as Wall Street Braces for Crucial Fed Verdict and Big Tech Earnings Boost

US stocks rise as AI-related shares climb, with Wall Street eyeing a key Fed rate decision and upcoming Alphabet and Microsoft earnings for direction.

International Business Times UK · Oct 28

Fed expected to hold rates steady days ahead of US midterms

The US Federal Reserve appears set to hold interest rates steady at its meeting next week, analysts say, despite stubbornly high inflation and with markets pricing in at least one rate hike before year-end. The Fed has missed its long-term two-percent target for inflation for more than five years, and…

The Economic Times · Oct 25

No criminal wrongdoing in $2.5Bn Federal building renovation but it was mismanaged, watchdog finds

According to the findings, construction costs to renovate two central bank facilities more than doubled, climbing from an initial estimate of $921 million in February 2020 to $2.018 billion by December 2024

The Independent UK · Sep 30

There's a reason Trump is the only one talking about 1% interest rates

President Donald Trump is calling for the Federal Reserve to slash interest rates to 1%, a move that analysts fear could destabilize global markets. With mortgage rates and the prices of essential goods surging, the administration is under fire for rising inflation as midterm elections draw near. Some allies are…

The Economic Times · Sep 23

The 10-year Treasury yield just hit 5% for the first time since 2007 — is a 1970s-style ‘stagflation’ on the return?

From the pandemic to the war in Iran, the bond market has been on quite a ride to the 5% benchmark.

Fortune · Sep 22

MAGA Loyalty in Iowa

Plus: Warsh's relationship with Trump; Democrats' midterm prospects; pregnancy is apparently a spectrum; and more...

Reason · Sep 18

Why the Federal Reserve is lifting rates now, and what it means

About six weeks ago, Federal Reserve Chairman Kevin Warsh announced that a divided central bank was keeping its key interest rate unchanged

The Independent UK · Sep 17

Kevin Warsh, an angry Trump and Jerome Powell Déjà vu: how history is repeating itself

The S&P 500 fell 1% and the Dow lost 1.7% as the Fed chair said rates weren't restrictive before Wednesday's hike.

Fortune · Sep 17

Trump calls Fed board ‘very political’ and ‘doing the wrong thing’ after first rate hike in 3 years

Trump has renewed pressure on the Federal Reserve, demanding rates of 1% or lower shortly after the central bank raised its benchmark rate to 3.75%-4% to tackle persistent inflation. The move has put Fed Chair Kevin Warsh, Trump’s own appointee, in the spotlight, as Warsh defended the hike and warned…

The Economic Times · Sep 17