In his first comments since joining the Federal Reserve Board, Stephen Miran sought to emphasize his independence from the White House.
Category: United States Economy
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Fed Faces No Good Options as Labor Market Wobbles While Inflation Firms
The central bank is grappling with how quickly to lower interest rates after restarting cuts on Wednesday, amid mixed economic signals and a relentless White House pressure campaign.
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Fed Cuts Rates for First Time This Year
The Federal Reserve lowered rates by a quarter point, but one governor voted for a bigger cut. Balancing persistent inflation and a weaker labor market was “a challenging situation,” the central bank chair said.
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Top Bessent Aide, Daniel Katz, Expected to Be Tapped as No. 2 at I.M.F.
The appointment would come as the Trump administration has called for sweeping reforms at the global economic institution.
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What to watch at the Fed meeting.
The U.S. central bank is widely expected to cut interest rates for the first time this year, despite the economy sending mixed signals.
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What to Watch at the Federal Reserve’s September Meeting
The U.S. central bank is widely expected to cut interest rates for the first time this year, despite the economy sending mixed signals.
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Fired by Trump, a Former Labor Official Warns Against Politicizing Economic Data
Erika McEntarfer, in her first appearance since she was ousted from the Bureau of Labor Statistics, cautioned that “economic data must be free from partisan influence.”
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Fired by Trump, a Former Labor Official Warns Against Politicizing Economic Data
Erika McEntarfer, in her first appearance since she was ousted from the Bureau of Labor Statistics, cautioned that “economic data must be free from partisan influence.”
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Senate Confirms Stephen Miran as Fed Governor
The Senate voted to install one of President Trump’s top economic advisers at the central bank, opening the door for him to cast a vote at this week’s meeting to set interest rates.
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China’s Snub of U.S. Soybeans Is a Crisis for American Farmers
North Dakota farmers are scrambling to find extra storage space and bracing for land values to fall as soybeans that should be bound for China begin to pile up.
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China’s Snub of U.S. Soybeans Is a Crisis for American Farmers
North Dakota farmers are scrambling to find extra storage space and bracing for land values to fall as soybeans that should be bound for China begin to pile up.