BofA Global Research on Friday forecast the U.S. Federal Reserve to deliver two 25 basis point cuts, in September and December, after a soft jobs report.
Read More BofA expects Fed to deliver two cuts this year after soft jobs report
Tag: Jerome Powell
Rep. Maxine Waters urges use of 25th Amendment to find out what’s ‘wrong’ with Trump
Representative Maxine Waters has called for using the 25th Amendment on President Donald Trump to find out what’s “wrong with him.”
Read More Rep. Maxine Waters urges use of 25th Amendment to find out what’s ‘wrong’ with Trump
Trump admin now weighing 11 possible picks for Fed Chair position, officials say
The Trump administration is now weighing 11 potential successors to Federal Reserve Chair Jerome Powell, whose term ends in May, including three contenders not previously disclosed — according to two administration officials who spoke on condition of anonymity.
Read More Trump admin now weighing 11 possible picks for Fed Chair position, officials say
Trump threatens ‘major lawsuit’ against Powell over ballooning Fed building renovation costs
President Donald Trump threatened to file a “major lawsuit” against Federal Reserve Chair Jerome Powell, alleging “grossly incompetent” management of the Federal Reserve’s building construction projects.
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Treasury Secy. Bessent expands search for next Fed Chair
U.S. Treasury Secretary Scott Bessent has disclosed that he is evaluating a shortlist of three candidates to assume the role of Federal Reserve chair when the position becomes vacant next year.
Read More Treasury Secy. Bessent expands search for next Fed Chair
Trump appoints Stephen Miran to serve on Fed. Reserve Board following Kugler resignation
President Donald Trump has appointed economist Stephen Miran to serve on the Federal Reserve Board of Governors.
Read More Trump appoints Stephen Miran to serve on Fed. Reserve Board following Kugler resignation