VIEW Cooling Jan. inflation keeps Fed easing in play
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Trump, New York Fed and America
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Exclusive - US Fed to tap former Wall Street lawyer Guynn for top bank oversight role, say sources
By Pete Schroeder and Chris Prentice WASHINGTON, Feb 13 (Reuters) - The U.S. Federal Reserve is expected to name Randall Guynn as its new director of supervision and regulation, said two people familiar with the matter,
Sen. Thom Tillis, R-N.C., has said repeatedly he will block Kevin Warsh’s nomination if the Justice Department doesn’t drop its criminal probe into Fed Chair Jerome Powell.
David Einhorn, founder of Greenlight Capital, predicted the Federal Reserve will cut interest rates “substantially more than two cuts” this year, arguing that markets are significantly underestimating the pace of monetary easing ahead.
On paper, the Fed chair is just one vote among many. In practice, the job carries far more influence. We analyze what gives the Fed chair power.
By Gertrude Chavez-Dreyfuss NEW YORK, Feb 13 (Reuters) - U.S. interest rate futures on Friday raised odds of rate cuts by the Federal Reserve in June after a report that showed inflation rose less than expected in January.
GOP Sen. Thom Tillis of North Carolina says he won't support the confirmation of any Fed nominee until the Justice Dept.'s investigation into chairman Jerome Powell is resolved.
Bessent told CNBC's "Squawk Box" he believes Republicans on the Senate Banking Committee "are going to proceed" with a Fed chair nomination hearing for Warsh.
President Trump and top White House officials are ramping up pressure on the Federal Reserve to cut interest rates after two surprisingly strong economic reports. Data released by the Labor Department on Friday showed inflation falling below economist expectations in January,
January’s jobs data, released on Wednesday, bolstered expectations that the Federal Reserve will hold interest rates steady for longer than previously expected.