The U.S. dollar remains solid in trading, as investors question whether the Federal Reserve will opt for a deeper interest rate cut. Uncertainty surrounds a potential move to drop rates to 3.00-3.25%, driving market speculation and influencing currency performance.
Federal Reserve Chair Jerome Powell warns that a slowdown in hiring poses a serious risk to the U.S. economy. With expectations of continued monetary support, Powell indicates that additional rate cuts may be necessary to sustain growth and protect the central bank’s policy goals.
Federal Reserve Bank of Boston President Susan Collins reiterated her stance this week, emphasizing that rising job market risks necessitate further interest rate cuts. Meanwhile, Fed Chair Jerome Powell has signaled that the era of quantitative tightening could be coming to a close, reflecting broader uncertainty in the current economic climate.
Federal Reserve Governor Michael Barr advises caution when adjusting policy, suggesting that a thoughtful approach could help prevent unintended consequences. CNBC’s Steve Liesman reported on these remarks, which shed light on Barr’s perspective on measured policy changes.
Japan’s decision to adjust its economic stimulus has raised optimism across global markets, sparking renewed interest in risk-related assets. Meanwhile, the Federal Reserve’s uncertain approach continues to leave investors divided about the near-term outlook for U.S. financial markets.
Every first Friday of the month, economists and traders wait for the Labor Department’s jobs report. Now, with the government shut down, those crucial numbers never arrived—leaving the nation guessing about its economic health.
Lawyers for former federal officials have cautioned the Supreme Court that removing Federal Reserve Governor Lisa Cook could subject the nation’s central bank to damaging political pressures. This warning highlights deep concerns about the Federal Reserve’s independence and the broader implications for U.S. monetary policy.
President Donald Trump has appealed to the Supreme Court to uphold his decision to remove Federal Reserve Governor Lisa Cook from her role. The request underscores a larger debate on the extent of presidential authority over an institution that holds sway over the country’s interest rates.
President Donald Trump is asking the Supreme Court for an emergency order to remove Lisa Cook from the Federal Reserve’s Board of Governors. After an appeals court declined to support his request, Trump has taken his legal battle to the nation’s highest judicial body.
David Tepper, in a recent statement, believes the Federal Reserve can keep easing rates a bit further but warns against pushing it too far. He highlights the risk of entering “danger territory” if policymakers become overly aggressive with monetary policy.