Embattled Fed Governor Lisa Cook Makes First Public Remarks Since Trump Said He Fired Her
Interest rates are in a good place to deal with persistently elevated inflation, Federal Reserve Governor Lisa Cook said Monday.
Interest rates are in a good place to deal with persistently elevated inflation, Federal Reserve Governor Lisa Cook said Monday.
Federal Reserve Governor Stephen Miran said monetary policy remains restrictive and that he will continue to advocate for outsize interest-rate cuts.
President Trump and Chinese leader Xi Jinping finished a keenly watched 90-minute meeting to formalize a trade and tariff truce after months of chaos.
The Fed approved its second straight interest rate cut, though Chair Jerome Powell rattled markets when he threw doubt on whether another is to come.
President Trump and his team have buoyed markets in recent days with details about what they describe as a framework for a trade deal with China.
The Trump administration’s search for who will lead the Federal Reserve next year is well underway.
Treasury Secretary Scott Bessent affirmed Monday that the list of candidates to become the next Federal Reserve chair has been whittled down to five.