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Donald Trump may name a ‘shadow’ Fed Chair by September

CNN on MSN · 5h

Trump may name a ‘shadow’ Fed chair, an unprecedented development in American history

President Donald Trump said last week that he will announce his pick to succeed Federal Reserve Chair Jerome Powell “very soon.” The problem is that Powell still has 11 months left until the end of his term.

The New York Times · 3h

Trump Encourages Powell to Resign in Latest Attack on the Fed Chair

Jerome H. Powell, whose term does not expire until May, has argued that the central bank can afford to be patient about cutting interest rates amid uncertainty about the economic outlook.

Financial Times · 4h

Donald Trump says he will only pick Fed chair who cuts interest rates

Donald Trump has said he will only pick a new Federal Reserve chair who will cut US interest rates, as he called on the central bank to slash borrowing costs to 1 per cent.

Wells Fargo clears another Fed hurdle

MarketWatch on MSN · 4h

Wells Fargo clears another Fed hurdle as banks pass stress tests

The U.S.’s largest banks remained “resilient” after absorbing $550 billion in losses in a simulated economic shock.

U.S. News & World Report · 6h

Big Banks All Pass the Federal Reserve's Stress Tests, but the Tests Were Less Vigorous This Year

The Federal Reserve said all major banks passed this year’s stress tests, showing they can withstand a hypothetical severe economic downturn

Bloomberg L.P. · 6h

Large Banks Pass Fed’s Stress Test, Setting Stage for Payouts

A group of large US banks comfortably cleared the Federal Reserve’s annual stress test, setting the stage for lenders to boost buybacks and dividends for shareholders.

3hon MSN

Trump says he won't appoint anyone to Fed who doesn't back rate cuts

U.S. President Donald Trump said on Friday he would not appoint anyone to head the Federal Reserve who would not lower ...

12h

Fed’s Inflation Measure Ticks Up Amid Uncertainty Over Tariffs

While the consumer price index is more commonly known, the Fed relies heavily on the PCE for deciding its stance on monetary ...

5h

Hassett: Inflation Is Lowest It's Been In 4 Years. If The Fed Were Data Driven, They Would Be Lowering Interest Rates

Director of the National Economic Council Kevin Hassett told "Special Report" host Bret Baier he has "high confidence" ...

8h

The Fed’s Preferred Inflation Gauge Was Slightly Hotter in May, as Spending Cooled

Most economists and policymakers are bracing for price pressures to intensify this summer because of President Trump’s ...

4hon MSN

Fed says banks can withstand economic downturn, clears way for dividend hikes

Twenty-two of the largest banks in the U.S. are well-positioned to weather a hypothetical severe economic downturn and ...

3h

Fed's Targeted Inflation Gauge Shows Little Tariff Impact

The Federal Reserve's targeted inflation measure ticked slightly higher in May, but the numbers didn't show a big ...

14h

Fed’s Kashkari Sees Two Rate Cuts This Year Amid Tariff Unknowns

Federal Reserve Bank of Minneapolis President Neel Kashkari said he sees two interest-rate cuts as likely this year — with ...

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