Monetary policy

Former Fed officials: Markets still trust Fed independence

Former Fed officials: Markets still trust Fed independence

Andrew Harrer/Bloomberg Processing Content Key Insight:  A panel of former Federal Reserve officials discussed the implications of a probe into Fed Chair Jerome Powell, saying the market’s muted reaction reflected political pushback against a potential indictment. Expert Quote:  “Markets think these institutions will be strong enough to withstand these types of shocks.” — Randall Kroszner, […]

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Markets, lawmakers scramble amid DOJ inquiry into Fed

Markets, lawmakers scramble amid DOJ inquiry into Fed

Getty Images Processing Content Key Insight: Market watchers have expressed concern that the Trump administration’s threat of criminal charges against Fed Chair Jerome Powell can push mortgage interest rates up and devalue U.S. financial assets. Expert Quote: “At this point, Fed independence is on life support. It will be dead if the Senate confirms a

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Fed’s Barkin optimistic about market uncertainty in 2026

Key Insight: Richmond Fed President Tom Barkin believes that as businesses gain confidence in the country’s robust economic demand and adjust to the new policy environment in Washington, hiring and investment should increase in the year ahead. Expert Quote: “Going forward, policy will require finely tuned judgments balancing progress on each side of our mandate.”

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Fed’s Kashkari flags concern about labor market

Fed’s Kashkari flags concern about labor market

David Paul Morris/Bloomberg Processing Content Key Insight: Minneapolis Fed President Neel Kashkari said the labor market is continuing to cool, though he wants to see additional data before deciding how monetary policy should proceed. Expert Quote: “My guess is we’re pretty close to neutral right now, and we just need to get more data to

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The coming year will be pivotal for the Federal Reserve

Key Insight: One of the most consequential developments will be President Donald Trump’s choice to replace Fed Gov. Stephen Miran, because whomever Trump selects is likely to also serve as the next Fed chairman after Fed Chair Jerome Powell’s term expires in May. Expert Quote: “If the FOMC is no longer acting purely neutrally with

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Fed Gov. Miran says goods inflation may remain elevated

Fed Gov. Miran says goods inflation may remain elevated

Bloomberg News Processing Content Key takeaway: Federal Reserve Gov. Stephen Miran presented a number of contributors currently propping up goods inflation, including volatility in price data and lingering post-pandemic effects. Expert quote: “I accept I don’t know what’s driving higher goods inflation currently.” — Fed Gov. Stephen Miran.  What’s at stake: Looking ahead to next

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Fed’s Goolsbee, Schmid lay out case for interest rate pause

Fed’s Goolsbee, Schmid lay out case for interest rate pause

Vincent Alban/Bloomberg Processing Content Key Insight: Both regional Federal Reserve presidents, who are voting members of the Federal Open Market Committee in 2025, said they wanted interest rates to remain unchanged because of inflation concerns and a lack of official data. Expert Quote: “Inflation remains too high, the economy shows continued momentum, and the labor

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Fed unanimously reappoints all regional presidents

Key Insight: The Federal Reserve Thursday voted unanimously to reappoint all existing regional Fed bank presidents and first vice presidents. Supporting data: All 12 regional Fed Bank presidents and first vice presidents serve five-year terms ending in years that end with a 1 or a 6. The terms expire on Feb. 28, 2026, but the

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Fed delivers third straight rate cut, but housing market will see limited relief

The Federal Reserve delivered another 25-basis-point cut to its benchmark interest rate on Wednesday, setting the target range at 3.5% to 3.75% amid signs of a softening labor market and inflation that’s still above the central bank’s 2% target.  The move marks the Fed’s third straight rate cut to end 2025, following 25-bps cuts in

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Fed moves won’t move needle on housing — yet

In a highly expected move, the Federal Reserve cut its federal funds rate on Wednesday, but Chairman Jerome Powell’s comments ultimately may have more influence on whether policy provides a boost for lenders and home buyers. Processing Content The central bank slashed its funds rate by 25 basis points at the close of the Federal

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