Feds Preferred - QuikReader

Fed Chair Powell says he won't resign if Trump asks him to step down

Fed Chair Jerome Powell responded with a one-word answer when asked if he'd step down if asked by President-elect Donald Trump.

Mortgage rates are likely to stay high after Trump's election win—despite Fed rate cuts

With a Republican sweep of the presidency and Congress, mortgage rates could stay well above 6% for the rest of 2024.

Business - CNBC - 2 days ago

S&P 500, Nasdaq close at records and extend postelection rally as Fed cuts rates

The S&P 500 and Nasdaq rose Thursday, extending Wall Street’s rally in the wake of President-elect Donald Trump’s victory, as traders weighed the latest rate cut from the Federal Reserve.

Fed Chair Jerome Powell says he won't resign if Trump tries to remove him

Federal Reserve Chairman Jerome Powell said he would not step down if pressured by President-elect Trump. The Fed also cut interest rates by one quarter of a percentage point. MoneyWatch ...

Fed chair says Trump can't remove him. Could Trump still influence interest rates?

The standoff carries high stakes for the U.S. economy, experts said.

4 smart home equity moves to make now that the Fed cut rates again

The Federal Reserve has issued another rate cut. Here are four smart moves home equity borrowers should make now.

Would the Fed ever rely on AI to decide interest rate moves? The risks are high.

Challenges of artificial intelligence directing U.S. central-bank decisions are substantial.

Business - MarketWatch - 11 hours ago

The stock market is expecting more interest-rate cuts than the Fed can give

The U.S. central bank doesn’t have much room to combat the next U.S. economic crisis.

Business - MarketWatch - 11 hours ago

Trump chooses Susie Wiles as White House chief of staff

President-elect chooses his 2024 campaign manager in first appointment to major role in administration

World - Financial Times - 2 days ago

How Orbán seized the Trump moment to speak for Europe

Also in this newsletter: Italy’s second attempt to ship migrants to Albania

World - Financial Times - Yesterday

Latest in Feds Preferred