The Justice Department embraced a novel conservative legal theory that it said blocked the Federal Reserve from funding the agency.
Category: Federal Reserve System
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Atlanta Fed President to Step Down in February
The departure of Raphael W. Bostic, who has served in the role since 2017, would create a new vacancy at the central bank.
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With Mortgage Rates Declining, Should You Refinance?
More than four million borrowers could potentially benefit from locking in a lower rate. Here’s what to consider.
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The Job Market Is Cooling but Not Collapsing, According to Private Data
The federal government shutdown canceled a second straight jobs report, but private data sources suggest the labor market has weakened modestly since summer.
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The Fed’s Recent Rate Decisions Have Been Divisive. It Is Likely to Get Worse.
The last three policy votes have featured some form of dissent, as officials grapple with how to weigh a softening labor market and resurgent inflation.
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Trump Aides Raise Recession Fears, and Point Fingers at the Fed
Treasury Secretary Scott Bessent said some sectors were in a recession as he argued for more interest rate cuts.
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The Economic and Legal Case Against Trump’s Tariffs
A key part of the president’s trade policy faces scrutiny by the Supreme Court this week, with huge implications for business.
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Fed Governor Defends Call for Big Rate Cuts
In a wide-ranging interview, Stephen I. Miran discussed why he thinks concerns about inflation are overblown and his worries about the economy if the Federal Reserve does not rapidly lower interest rates. Here is a full transcript.
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A Month Without Data Muddles the Economic Picture
Tariffs and uncertainty were already making the economy hard to read. The loss of government data during the shutdown has made the situation much worse.
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What the Fed’s Rate Decision Means for Loans, Credit Cards, Mortgages and More
See how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans.
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Strains in Short-Term Markets Raise Urgency of Fed Balance Sheet Debate
Warning signs in crucial money markets have raised the prospect that the central bank will soon stop reducing its portfolio of government debt and mortgage bond holdings.
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Fed Prepares Bank-Friendly Changes to Annual Stress Tests
The Federal Reserve Board is poised to start releasing in advance models it uses to test the biggest banks’ readiness to withstand economic shocks.