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Trump to set interest rates himself under secret presidential plan
The Telegraph via Yahoo Finance· 22 minutes agoDonald Trump’s aides have drawn up secret plans to oust the chairman of the Federal Reserve and...
PCE inflation accelerates in March. What it means for Fed rate cuts
USA TODAY via Yahoo Finance· 5 hours agoA measure of “core” prices that excludes volatile food and energy items and that the Fed follows...
Trump's team wants to restructure the Fed and let him have a say on interest rate decisions: WSJ
Business Insider via Yahoo News· 3 hours agoIt would also allow him to get rid of Fed Chair Jerome Powell before his term ends in 2026. The...
Inflation Data Reinforce Powell’s Shift Toward High for Longer
Bloomberg via Yahoo Finance· 3 hours ago...Bloomberg) -- Fresh inflation data released Friday cemented the message from Federal Reserve...
Trump allies drafting plans to erode Fed's independence, WSJ reports
Reuters via AOL· 6 hours agoThe group argues that Trump should be consulted on rate decisions and would have the authority to...
Trump allies are drawing up plans to make the Fed less independent, report says
Business Insider· 3 hours agoAllies of former president Trump are drafting plans to chip away at the independence of the Fed, The...
Economists react to Trump possibly curbing Fed’s independence: ‘Bad idea of all bad ideas’
Market Watch· 2 hours agoEconomists and other analysts are sounding off after a Wall Street Journal report said some allies...
The Fed’s preferred inflation gauge just moved in the wrong direction
CNN Business via AOL· 3 hours ago“Those [price increases for services] don’t go away overnight, and I think that’s the concerning...
Daily mortgage rates for April 26, 2024: Rates on 30-year, 15-year terms climb for 4th straight week
AOL· 6 hours agoNew data from Freddie Mac reports a rise in 30-year and 15-year fixed mortgage rates for a fourth...
Trump advisors are considering plans to dramatically revamp the Fed, WSJ report says
NBC Chicago· 8 hours agoThe plans, which the Journal report described as highly secretive, are part of a 10-page document...