Fed officials believed risk of inflation outpaced concerns of weaker labor market, according to July Fed minutes

Fed officials "generally" expected inflation to increase in the short term due to President Donald Trump's tariffs, the Fed's July minutes said [...]

Trumpworld Is Fighting Over 'Official' Crypto Wallet

The President's sons are feuding with the organization behind the TRUMP memecoin, as both parties claim to be involved in launching Trump-affiliated crypto wallets. [...]

The Fed will wait for trade war fallout before cutting interest rates, Jerome Powell says

No interest rate cut looms. The Federal Reserve doesn’t need to rush to react to the Trump administration’s new policies, but can wait for further data on their impact, Fed Chair Jerome Powell sai [...]

Americans' view of the economy is worsening, Fed survey shows

American consumers are growing increasingly worried about the economy, according to a Fed survey released Monday.Read more... [...]

There's still a way to get interest rate cuts this year, Fed governor says

A fleeting inflation bump might pave the way for the Federal Reserve to cut interest rates, according to a top Fed official.Read more... [...]

Trump reaches final stages of his Fed chair search: 'I'm looking for somebody that will be honest with interest rates'

Trump zeroes in on a Fed chair who shares his appetite for lower interest rates [...]

Trump’s top economic aide is losing frontrunner status in the Fed race

Former Fed Governor Kevin Warsh's stock is now rising again following the Trump DOJ's probe into Fed chair Powell [...]

Trump seems close to naming his Fed chair pick: ‘Down to maybe one, in my mind’

Finalists include Kevin Hassett, a White House economic aide; Kevin Warsh, a former Fed governor; Christopher Waller, a current Fed governor; and Rick Rieder, a BlackRock executive [...]

US programmer job growth nearly halved since ChatGPT launched, Fed study finds

Programmers are among the professional groups whose everyday lives have changed the most as a result of generative AI. A new study by the Federal Reserve Board now provides evidence that this is also [...]