Latest in Fed Pause
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Syrian asylum seekers 'terrified' after UK claims paused
The UK government says it is assessing the situation in Syria after the Assad regime's collapse.BBC News - 12h -
Why the Fed Will Cut Rates Even Though Inflation Hasn’t Budged
Everyday Americans still expect sticky inflation in the coming years.Inc. - 20h -
WATCH: Woman pauses National Anthem after interruption — then slays rest of the performance
Brithny Liceli Gomez was singing the National Anthem at a Knicks game when she stopped after someone shouted. After awkward silence, the crowd cheered her on and she delivered a stunning performance.ABC News - 2d -
TikTok Asks Court to Temporarily Pause Ban As It Looks to Supreme Court or Trump to Weigh In
The company is requesting a pause on a law that requires the app to be sold or face a ban in the United States by mid-January, aiming to buy time for the Supreme Court or the incoming Trump ...The New York Times - 2d -
Inflation Ticks Up, but Details Are Encouraging for the Fed
Inflation sped up last month, but the details suggested cooling ahead. Next week, the Fed will make its final rate decision for 2024.The New York Times - 11h -
Bessent: Powell can serve out remainder of term as Fed chair
Scott Bessent, President-elect Trump’s pick to lead the Treasury Department, said Tuesday that Federal Reserve Chair Jerome Powell can serve out the remainder of his term leading the central bank. ...The Hill - 14h -
Inflation ticks higher as Fed eyes another rate cut
Inflation picked up slightly in November, according to data released Wednesday by the Labor Department, but likely not by enough to derail the Federal Reserve's plans for another rate cut. Consumer ...The Hill - 17h -
US defense secretary in Japan to support alliance as Osprey aircraft safety causes concern
U.S. Defense Secretary Lloyd Austin has met with officials in Japan to reaffirm the importance of their alliance and Washington's commitment to regional security as threats rise from China and ...ABC News - 1d -
Feds collected records of congressional staff, reporters in Trump-era leak probes
The Justice Department failed to follow internal policy and ignored protections when seeking records from members of Congress, dozens of congressional staffers and members of the media, a watchdog ...CBS News - 1d -
Several EU nations and the UK pause asylum claims from Syrians
Fall of Assad regime prompts immigration rethink in EuropeFinancial Times - 2d -
Should you open a home equity loan before the December Fed meeting?
Do you need to apply for a home equity loan before the Fed's December meeting? Here's what borrowers should do now.CBS News - 2d -
UK pauses decisions on Syrian asylum claims
The home secretary says the situation is "moving extremely fast" after the fall of the Assad regime.BBC News - 2d -
TikTok asks for emergency pause to looming US ban
The app says the Supreme Court - and incoming Trump administration - needs more time to consider the case.BBC News - 2d -
Judge pauses sexual abuse lawsuit against Trump pick for Education secretary
A Maryland judge has paused a sexual abuse lawsuit against President-elect Trump's Education secretary nominee, Linda McMahon, as another case in the state could affect its outcome. A federal ...The Hill - 2d -
Trump Says He Won’t Try to Fire Jay Powell as Fed Chair
The president-elect said he would not try to replace the Federal Reserve chair, but would seek to cut immigration, impose tariffs and more.The New York Times - 2d -
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Sexual Abuse Lawsuit Against Linda McMahon, Trump’s Education Secretary Pick, Is Paused
Linda McMahon is accused of failing to stop abuse in the 1980s within W.W.E., which she led at the time. The suit is on hold pending a ruling over a state law related to such cases.The New York Times - 3d -
Trump says he won't seek to remove Fed chairman Powell
President-elect Trump in a new interview said he does not plan to try and fire Jerome Powell as chairman of the Federal Reserve upon taking office next year. "No, I don't think so. I don't see it," ...The Hill - 3d -
Donald Trump says he won't fire Fed chief Jerome Powell
President-elect Donald Trump says he will not try to replace Federal Reserve Chair Jerome Powell, whose term runs through May 2026, during an exclusive interview with Meet the Press.NBC News - 3d -
Trump says he won't fire Fed chief Jerome Powell
President-elect Donald Trump said he will not try to replace Federal Reserve Chair Jerome Powell, whose term runs through May 2026.NBC News - 3d -
WWE sexual abuse lawsuit naming Linda McMahon is paused
Court documents said the case was stayed pending a ruling by the Supreme Court of Maryland on consolidated appeals on the constitutionality of the Maryland Child Victims Act of 2023.CBS News - 4d -
Allianz pauses talks with Amundi to form €2.8tn asset management giant
German and French groups could not find common ground on structure or who would control enlarged firmFinancial Times - 4d -
Trump education secretary pick’s WWE child abuse case paused
A federal judge paused the child sexual abuse case involving President-elect Donald Trump’s education secretary pick Linda McMahon, Vince McMahon and WWE.ABC News - 4d -
Why Powell and the Fed should pause interest-rate cuts in December
Some say November’s jobs data support holding monetary policy steady.MarketWatch - 4d -
Jobs report shows hiring surge as Fed weighs interest rate cut
The fresh data marks the first jobs report since the election of Trump.ABC News - 5d -
BBC pauses Tim Westwood report after Met request
The BBC's report is set to examine what it knew about allegations of unwanted sexual behaviour by the former BBC Radio 1 DJ.BBC News - 6d -
These Two Factors Could Set Up a Trump Clash With the Fed
If borrowing costs don’t drop and household costs remain high, the incoming president could turn his ire on the traditionally independent central bank.Inc. - 6d -
Inflation threatens Fed rate-cut expectations once again. Here’s why.
With investors looking toward Friday’s November nonfarm-payrolls report, market participants see the potential that it could be overshadowed by an entirely different set of data: next Wednesday’s ...MarketWatch - Dec. 4 -
Powell ‘not concerned’ over risks Trump will stifle Fed independence
US central bank chief says his institution has ‘broad support’ on Capitol HillFinancial Times - Dec. 4 -
Fed Chair Jerome Powell Says Inflation Is a ‘Little Higher’ Than Expected
Jerome H. Powell, the chair of the Federal Reserve, said it was too early for the central bank to start reacting to the tariffs that President-elect Trump had been promising.The New York Times - Dec. 4 -
Fed commentary, Foot Locker, ADP jobs data: What to Watch
Federal Reserve Chair Jerome Powell will be releasing a fresh round of commentary alongside St. Louis Fed President Alberto Musalem and Richmond Fed President Tom Barkin. The central bank is set to ...Yahoo Sports - Dec. 3 -
Top Fed Official Leans Toward Rate Cut This Month, If Data Supports It
In a recent speech, Christopher Waller, a member of the Fed Board of Governors, said a rate cut hinged on inflation continuing to drop.Inc. - Dec. 3 -
Job openings jumped and hiring slumped in October, key labor report for the Fed shows
Job openings totaled 7.74 million on the month, up 372,000 from September.CNBC - Dec. 3 -
Fed Governor Waller says he is 'leaning toward' a December rate cut, but worries about inflation
Federal Reserve Governor Christopher Waller cited recent data indicating that progress on inflation may be "stalling."CNBC - Dec. 2 -
Fed’s Waller says he supports interest-rate cut at next meeting — for now
Federal Reserve Governor Christopher Waller said Monday that as of today, he supports an interest-rate cut at the central bank’s next meeting in a little over two weeks.MarketWatch - Dec. 2 -
Kids worked overnight shifts at pork processing plant, feds find
Feds find 11 kids illegally employed for at least 4 years at Seaboard Triumph Foods facility in Sioux Falls, Iowa.CBS News - Dec. 2 -
Fed Governor Waller says he is 'leaning toward' a December rate cut but worries about inflation
Federal Reserve Governor Christopher Waller said Monday he is anticipating an interest rate cut in December but is concerned about recent trends on inflation that could change his mind.NBC News - Dec. 2 -
Top Fed official warns progress on taming US inflation ‘may be stalling’
Governor Christopher Waller says he still supports a December interest rate cut barring a surprise in the economic dataFinancial Times - Dec. 2 -
Under Powell, the Fed Makes Monetary Policy Boring Again
The central bank no longer needs to play a prominent role in the U.S. economy, which is running more normally as the pandemic crisis recedes.Inc. - Dec. 2
