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.
The US Senate narrowly approved President Donald Trump’s nominee to the Federal Reserve on Monday, reflecting heightened political tensions over monetary policy. This confirmation comes just as the central bank prepares for its upcoming rate-setting meeting.
A new proposal suggests the Trump administration wants the Federal Reserve to use its balance sheet to bring 30-year mortgage rates down to 5% next year. Though many consider this a long shot, the idea highlights the growing debate over whether monetary policy should be leveraged to tackle rising home-loan costs.
A fresh effort to remove Federal Reserve Governor Lisa Cook is unfolding just as the central bank readies a pivotal interest rate decision. In a Sunday court filing, government lawyers underscore the president’s sole authority over determining Cook’s fitness to serve on the Federal Reserve.
Federal Reserve Governor Lisa Cook is challenging former President Donald Trump’s efforts to remove her from office over allegations of mortgage misrepresentation. Newly surfaced documents show Cook labeled her Atlanta condominium as a “vacation home,” calling into question claims that she portrayed the property as her primary residence.
