The central bank faces two major hurdles early on in 2026 that will determine the extent to which it operates free of political meddling.
Category: Powell, Jerome H
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Fed Minutes Detail Deep Divide on Timing of Further Rate Cuts
Officials at the central bank have splintered over whether rising unemployment or elevated inflation poses the bigger economic risk.
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Next Fed Chair in ‘No-Win Scenario’ as Selection Process Draws to a Close
The person picked to replace Jerome H. Powell will be thrust into a credibility problem that will be difficult to escape.
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Why a Data Deluge Is Unlikely to Settle the Rates Debate
A backlog of government economic data is set to ease, but disagreement on the country’s economic outlook could linger.
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Jobs Data Is Finally Back. But the Economic Picture Is Still Blurry.
November’s job report may be distorted as a result of the government shutdown, limiting how much it will influence the Federal Reserve’s next interest rate decision in January.
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Cooling Labor Market and Elevated Inflation Stoke Fed Divisions on Rate Cuts
Fed officials explained their opposition to the central bank’s decision this week to cut interest rates by a quarter of a percentage point.
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Fed Divisions Underscore Challenge for Trump’s Next Chair
President Trump wants substantially lower borrowing costs, but officials at the central bank appear ready to resist delivering further cuts if the economic backdrop does not warrant it.
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Trump’s Search for Powell’s Replacement Adds to Cacophony Around Interest Rate Decision
The end of Jerome Powell’s term as Fed chair will give President Trump his biggest opportunity yet to reshape the central bank.
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Why Markets Are Getting Anxious About the Fed
The central bank is widely expected to lower its benchmark lending rate on Wednesday. But investors are worried about what comes afterward.
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Fed Divisions Will Cloud Interest Rate Decision at Final 2025 Meeting
The central bank is poised to lower interest rates on Wednesday even as a growing chorus of officials urge caution.
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Powell Faces Pressure From Multiple Fronts as Fed Prepares to Cut Rates
The chair of the central bank is dealing with internal divisions while being besieged by President Trump and front-runners jockeying to replace him.
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Kevin Hassett Reportedly Becomes Front-Runner for Fed Chair
Kevin Hassett, a top White House economic adviser , is said to become the front-runner to lead the Federal Reserve, raising questions about its independence.