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Federal Reserve minutes highlight split over effects of Trump’s tariffs on inflation
The minutes of the rate-setting Federal Open Market Committee, published on Wednesday, showed that “some [members] noted that it would not be feasible or appropriate to wait for complete clarity on the tariffs’ effects on inflation before adjusting the stance of monetary policy”.
Both a larger-than-expected rate cut and foundational changes at the Fed would be major pro-growth innovations in U.S.
"Don't forget, our Federal Reserve is not at all a part of our Constitution. It's a creature of the U.S. Congress, created by the Federal Reserve Act 1913." ...
World Politics Review on MSN13dOpinion
Trump’s Assault on the Fed Could Sink the Global Financial System
The Federal Reserve's credibility forms the bedrock of global monetary stability. Trump's assault on its independence ...
Banks are turning to the Federal Reserve’s loan programs to access funding as turmoil sweeps the financial system in the wake several high-profile bank failures. The collapse of Silicon Valley ...
“The White House has been aggressively pushing Dr. Miran’s nomination to the Federal Reserve Board, setting the stage for his ...
After somewhat positive inflation data in July, the chances of the Federal Reserve cutting interest rates in September are at ...
The Federal Reserve has ended its “novel activities” supervision program, folding crypto and fintech oversight back into ...
There have been many calls for reform. None of them have actually done wholesale reform, though many of them have applied band-aids," Lisa Harrington said.
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