The traditional argument against a rules-based monetary policy is that it requires Fed officials to specify too many contingencies ahead of time.” Those are the words of economist Jason Furman, ...
Kenneth Rogoff worries about the incoming US administration’s plans to weaken the central bank’s independence.
The ruling is a potential major setback for state and local attempts to block the tribe's billboard and gas station projects.
During the 2024 Session, Senate Judiciary A Committee Chairman Brice Wiggins, R-Pascagoula, got passed through the Senate a version of judicial redistricting, which would have left chancery districts ...
Bessent aims to maintain the strength of the U.S. economy with an adapted version of former Japanese Prime Minister Shinzo ...
The longstanding tensions between President-elect Donald Trump and Federal Reserve Chair Jay Powell are expected to take ...
A little jawboning won’t hurt, but firing Powell or designating a ‘shadow chairman’ would.
NPR's Leila Fadel talks to David Wessel, director of the Hutchins Center on Fiscal and Monetary Policy at the Brookings Institution, about the U.S. economic outlook for 2025.
Heading into a new year with a new administration, policymakers project fewer cuts and somewhat more stubborn inflation.
However, the mood was dampened as the Fed forecast only two more reductions next year. Fed chairman Jerome Powell said the slower pace of rate cuts reflects both the current inflation and ...
WASHINGTON: The US central bank lowered interest rates by a quarter-percentage point on Wednesday (Dec 18), but Federal Reserve Chair Jerome Powell said more reductions in borrowing costs hinge ...
Fed officials have underscored that they are ... year and the expectations that inflation will be higher” in 2025, Chair Jerome Powell said at a news conference. “We’re closer to the neutral ...