News

Fed's rate-cut delay intact as inflation fears override Trump pressure
The case for a U.S. interest rate cut remains unresolved as Federal Reserve officials head into their policy meeting later ...
Fed’s Cook says the central bank is using AI in all these ways, but not for setting policy
One Fed paper found LLMs have a surprisingly good understanding of the economic topics discussed in the Fed’s minutes, while ...
Trump official criticizes Fed chief Jerome Powell for "ostentatious" office renovations, as Trump takes aim over interest rates
A top White House budget official said President Trump is "troubled" by Federal Reserve chair Jerome Powell's management, as ...
Look at Turkey if you want to know why markets hate the idea of Trump messing with the Fed
"I certainly think there are lessons to be learned there that the administration should be aware of," said Morningstar Wealth ...
The Global Risks That Come With the Loss of an Independent Fed
It isn’t just the U.S. Other countries have also come to expect an independent U.S. central bank.
Exclusive: Elizabeth Warren is no Jerome Powell cheerleader—but she fears the next Fed boss won’t have the ‘brains and the guts’ to stand up to Trump
Warren added the next Fed chair will face a tough task proving they’re committed to central bank autonomy, as concerns grow ...
Bloomberg Surveillance: Fed and Markets
The economy and the markets are "under surveillance" as we cover the latest in finance, economics and investment.
Federal Reserve Says Building Renovation Complies With Law, Defends Costs
Federal Reserve Chair Jerome Powell on Thursday said the agency’s renovation of its office complex in Washington complies ...