The abrupt departure of a top official ensures that questions about the president's ability to chip away at the Fed’s prized ...
President-elect Trump on Tuesday declared interest rates are too high even as he decried still-elevated inflation, setting up ...
Incoming President Donald Trump didn’t have to ask Federal Reserve Vice Chair Michael Barr to step down from his role as the central bank’s top regulator.
Michael Barr said in a letter to President Biden he would step down as vice chair for supervision Feb. 28, or earlier if a ...
Trump advisers were weighing whether to strip Michael Barr of his leadership role at the Fed, but Barr stepped down from the ...
Michael Barr oversaw an attempt to rewrite financial regulations that came under attack from a wide range of groups, ...
The economy is in good shape heading into 2025. Inflation is coming down, growth is brisk, and the job market has remained ...
RATES of the Treasury bills (T-bills) and bonds (T-bonds) to be auctioned off this week may end mixed to track secondary market movements as the market continues to price in their inflation and ...
With a recession deepening and the 1982 midterm elections approaching, Federal Reserve chair Paul Volcker was summoned to the Oval Office, where Ronald Reagan was sitting with his chief of ...
Inflation is coming down, growth is brisk, and the job market has remained surprisingly resilient. How long can this last?
The S&P 500 (SP500) on Tuesday notched a whopping +23.3% advance for 2024, posting gains in nine out of twelve months. Read more here for a breakdown of its annual performance.
It was the third straight hike of this magnitude and the 10th straight rate hike since last March. The central bank’s move last week raised interest rates to a range between 5 and 5.25 percent, a ...