In a bold move, Trump's latest Federal Reserve pick, Stephen Miran, argues for slashing interest rates by two percentage points to safeguard jobs and stimulate the economy. Can his vision reshape monetary policy amid rising inflation concerns?
Amid rising scrutiny, Fed Chairman Jerome Powell's focus on the dual mandate raises questions about the often-overlooked third mandate: long-term interest rates. Experts warn its omission could jeopardize economic stability.
In a narrow Senate vote, Stephen Miran has been confirmed to the Federal Reserve Board, expanding Trump's influence as a key policy meeting looms with expectations of a rate cut to support the labor market.
President Trump's nominee Stephen Miran clears a Senate hurdle for the Federal Reserve amid concerns about economic independence and potential rate cuts. Will his dual role compromise the Fed?
Stephen Miran is on the verge of making history as the first White House official to sit on the Federal Reserve board in 90 years, pending Senate confirmation. This unprecedented move could reshape monetary policy in the Trump administration.
As the Federal Reserve prepares for its crucial policy meeting, a historic challenge to its leadership is looming. With Trump's nominee on the verge of confirmation and a court ruling on Lisa Cook's fate expected, the Fed's independence hangs in the balance.
In a high-stakes legal battle, Federal Reserve Governor Lisa Cook is challenging the Trump administration's attempt to remove her from the board. As the Fed prepares for its next interest rate decision, the implications of this case could have lasting effects on the economy.
A federal judge has ruled against Trump's attempt to fire Fed Governor Cook over alleged mortgage fraud, reinstating her to the board just ahead of a crucial interest rate decision by the Fed.
As the deadline for trade deals looms, Chair Stephen Miran suggests that countries negotiating in good faith, like Europe and India, may see tariffs delayed. What does this mean for the global economy?
