Trump To Recommend Pizza Magnate Herman Cain For Fed Post
President Trump says he plans to nominate former Godfather's Pizza CEO and GOP White House hopeful Herman Cain to a vacant spot on the Federal Reserve Board.
Fed
Trump To Nominate Stephen Moore To The Fed. Both Say It Raised Rates Too Much
Moore, a conservative commentator and former Trump campaign adviser, has joined the president in criticizing the central bank. "The Fed is sucking the oxygen out of the economy," Moore has said.
Fed Signals Rate Hikes May Be Over For 2019
The Federal Reserve left interest rates unchanged Wednesday and signaled that no more rate hikes may be necessary this year amid signs of economic slowing.
Fed Says U.S. Growth Is 'Solid,' Keeps Interest Rates Unchanged
The labor market continues to get stronger and the economy is growing at a solid rate, the Federal Reserve said. The central bank also said it will be patient as it decides on future rate increases.
The Push To Break Up The Boys' Club At The Fed
At a time when more women than men are graduating from college and earning doctorates, just a third of Ph.D.s in economics go to women. Now there's an effort to increase women economists at the Fed.
Fed Chief's Remarks On Economy And Interest Rates Cheer Investors
Federal Reserve Chairman Jerome Powell said that the outlook for the U.S. economy remains solid and that interest rates are nearly within a "neutral" range, touching off a surge in stock prices.
The Fed Just Raised Its Rate Again. When Will It Start To Hurt Consumers?
Bullish stocks, low unemployment, high confidence — from most angles, the economy is strong. But questions linger as the Federal Reserve raises interest rates for the third time in 2018.
Trump 'Not Thrilled' With Fed Chairman Over Interest Rate Hikes
It was the second time in a month that President Trump had taken aim at the Fed. In a Reuters interview, he also accused China and Europe of manipulating their currencies to gain leverage in trade.
Saying Economy Is Strong, Fed Keeps Interest Rates Unchanged For Now
The Federal Reserve held steady with no rate increase, but it is expected to raise rates twice more by the end of the year. The Fed said "economic activity has been rising at a strong rate."
Trump Slams Interest Rate Hikes, Ignoring Hands-Off Tradition Toward Fed
Presidents usually don't comment directly on Fed policy. But President Trump broke with that tradition Thursday, saying, "I'm not thrilled" about the Fed's interest rate increases.