#ArtificialIntelligence #MonetaryPolicy #Economics
ca.finance.yahoo.com
Fed governor Lisa Cook says AI could leave Fed with hard choice: Fight inflation or boost employment
Federal Reserve governor Lisa Cook suggested Tuesday that artificial intelligence could push the central bank to have to make hard choices between keeping interest rates elevated to fend off inflationary pressures and lowering rates to address lower employment.
#FederalReserve #MonetaryPolicy #Tariffs
ca.finance.yahoo.com
Fed's Kashkari: Hassett comments about Fed researchers represent another attack on independence
WASHINGTON, Feb 19 (Reuters) - The call by a top Trump administration official for New York Federal Reserve staff to "be disciplined" for recent research on tariffs was just the latest move by the administration to undermine the independence of the central bank, Minneapolis Fed president Neel Kashkari said on Thursday.
#FederalReserve #MonetaryPolicy #TreasuryBills
www.kitco.com
New York Fed's Remache says elevated Fed bond buying to continue until mid-April
Feb 12 (Reuters) - The Federal Reserve is on track to continue forward with sizable Treasury bill buying into the spring but it is unclear what happens after the annual tax filing date has passed, an official who helps manage the implementation of monetary policy at the New York Fed said on Thursday.
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#FederalReserve #MonetaryPolicy #EconomicPolicy
www.washingtonpost.com
Opinion | Senators should ask Trump's Fed nominee these tough questions
Before confirming him to one of the most critical jobs in government -- chairman of the Federal Reserve -- senators should ask Kevin Warsh, President Donald Trump's nominee, these questions:
In 2007, at the beginning of the Great Recession, when you were on the Fed committee in charge of monetary policy, you warned about the danger of increased inflation.
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#FederalReserve #MonetaryPolicy #KevinWarsh
www.wsj.com
Kevin Warsh's Long Road to the Fed Chair
Kevin Warsh, shown in 2017, has been a frequent critic of the Fed since leaving it 15 years ago. Brendan McDermid/Reuters
Kevin Warsh has been preparing to lead the Federal Reserve for more than a decade.
#FederalReserve #MonetaryPolicy #InterestRates
www.cnbc.com
What Trump Fed chair pick Kevin Warsh may mean for consumers
President Donald Trump has picked Kevin Warsh to succeed Jerome Powell as chair of the Federal Reserve. In keeping with the president's push for lower interest rates, Warsh is expected to be more supportive of cutting the Fed's key benchmark rate later this year.
#FederalReserve #MonetaryPolicy #InterestRates
www.cbsnews.com
Trump picks Kevin Warsh to lead the Federal Reserve. Here's what that could mean for the U.S. economy.
Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets including USA Today and Consumer Reports.
#FederalReserve #TrumpNominee #MonetaryPolicy
www.newsweek.com
Why Trump has picked Kevin Warsh as new Fed chair
President Donald Trump has unveiled his pick to succeed Jerome Powell as chair of the Federal Reserve.
In a Truth Social post early on Friday morning, Trump announced that he would be nominating Kevin Warsh, a 55-year old former Fed governor and Wall Street veteran as his choice to succeed the central bank's current chief, whose term ends in May.
#FederalReserve #InterestRates #MonetaryPolicy
www.cnbc.com
Trump nominates Kevin Warsh for Federal Reserve chair to succeed Jerome Powell
President Donald Trump on Friday named Kevin Warsh to succeed Jerome Powell as Federal Reserve chair, ending a five-month odyssey that has seen unprecedented turmoil around the central bank.
#Economy #MonetaryPolicy #InterestRates
www.forbes.com
Political Pressure Meets Economic Reality As The Fed Holds Rates Steady
Forbes contributors publish independent expert analyses and insights.
Many hoped, but few thought, that the Federal Reserve's Federal Open Market Committee would cut the benchmark federal funds rate on Wednesday, Jan.
#FederalReserve #MonetaryPolicy #Independence
us.cnn.com
Jerome Powell's remarkable advice to his successor speaks volumes about his battle with Trump | CNN Business
Washington --
Federal Reserve Chair Jerome Powell refused to answer three straight questions about politics during his press conference Wednesday.
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#FederalReserve #InterestRates #MonetaryPolicy
www.wsj.com
Fed Holds Rates Steady for First Time since July
Fed Chair Jerome Powell arrives for a news conference following the Federal Open Market Committee meeting last month. Saul Loeb/Agence France-Presse/Getty Images
WASHINGTON -- The Federal Reserve entered a new holding pattern on interest rates Wednesday and offered little clarity on when cuts might resume after contentious reductions at officials' three previous meetings.
#FederalReserve #InterestRates #MonetaryPolicy
www.npr.org
Fed holds interest rates steady, taking a pause from rate cuts to assess the economy
Federal Reserve chairman Jerome Powell and his colleagues held their benchmark interest rate steady Wednesday. President Trump has been waging a pressure campaign to get the central bank to lower rates more aggressively.