Top Fed Official Calls
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Kagan asks Trump lawyer if a president calling for a coup is an official act
Justice Elena Kagan questioned an attorney for former President Trump about whether a president calling for a coup to remain in power would be considered an official act, and therefore should be immune from prosecution.NBC News - Politics - Donald Trump -
A top Qatari official urges Israel and Hamas to do more to reach a cease-fire deal
A senior Qatari official has urged both Israel and Hamas to show “more commitment and more seriousness” in cease-fire negotiationsABC News - World - Israel -
A top Qatari official urges Israel and Hamas to do more to reach a cease-fire deal
The White House says U.S. President Joe Biden has again spoken with Israeli Prime Minister Benjamin NetanyahuABC News - Top stories - Israel -
The U.S. economy grew at a sharply slower pace in the first quarter and inflation topped Wall Street's expectations, dimming investor hopes for a quick Fed rate cut and sending the stock and bond markets down.
The U.S. economy grew at a sharply slower pace in the first quarter and inflation topped Wall Street’s expectations, dimming investor hopes for a quick Fed rate cut and sending the stock and bond markets down.The Wall Street Journal - World -
Cubs place Cody Bellinger on IL due to rib fracture, call up top prospect Pete Crow-Armstrong
Cody Bellinger ran into a brick wall. It didn't end well.Yahoo Sports - Sports -
Aaron Judge homers 1 pitch after Joe Boyle is called for a balk as Yanks top A's 7-3
Aaron Judge hit a two-run homer in the first inning after Oakland starting pitcher Joe Boyle was called for a balk on the previous pitch and the New York Yankees beat the Athletics 7-3ABC News - Sports - MLB -
Would Trump Move to Control the Fed?
Allies of the former president are said to be devising plans to reduce the central bank’s independence if he is re-elected, a move that would have big consequences for monetary policy.The New York Times - Business - Donald Trump -
Would Trump Move to Control the Fed?
Allies of the former president are said to be devising plans to reduce the central bank’s independence if he is re-elected, a move that would have big consequences for monetary policy.The New York Times - Top stories - Donald Trump -
The Dream of Fed Rate Cuts Is Slipping Away
Investors are backing away from expectations that the central bank can reduce rates in coming months, hitting markets.The Wall Street Journal - World - Federal Reserve -
Stubborn Inflation Could Prod Fed to Keep Rates High for Longer
Hopes for substantial cuts in interest rates are fading as inflation shows more staying power than expected.The New York Times - Top stories - Federal Reserve -
Fed’s preferred inflation metric rose to 2.7% in March
Figures come day after US first-quarter growth data prompt investors to push back interest rate cut expectationsFinancial Times - Business -
Fed’s preferred inflation metric rose to 2.7% in March
Figures come day after US first-quarter growth data prompt investors to push back interest rate cut expectationsFinancial Times - Business -
Trump Allies' Plan Would Weaken Fed's Independence
Under the proposal, Fed Chair Jerome Powell could be removed before his term ends in 2026 and the central bank would have to consult Trump on interest rate moves.Inc. - Business - Donald Trump -
A Brief History of Fed's Uneasy Peace With the White House
Central bankers are haunted by the danger of political meddling in inflation-control policies.The Wall Street Journal - World -
Trump's potential plan for Fed raises alarms
Former President Trump's potential plan to exert more influence over the Federal Reserve is alarming experts and investors. The Wall Street Journal reported Thursday that a group of Trump allies is crafting ways to chip away at the independence of ...The Hill - Politics - Donald Trump -
Fed’s preferred inflation metric rose to 2.7% in March
Figures come day after US first-quarter growth data prompt investors to push back interest rate cut expectationsFinancial Times - World -
Even If the Fed Cuts, the Days of Ultralow Rates Are Over
Soaring budget deficits and investment needs mean the “neutral” interest rate may be higher.The Wall Street Journal - World - Federal Reserve -
UK holds local elections and Fed sets rates
Polls in England and Wales, a US interest rate decision and a dip in market activity for May Day celebrationsFinancial Times - World - United Kingdom -
Gold Falls on Dimming Fed Rate Cuts Hopes
Gold prices were lower in early Asian trade as expectations of rate cuts by the U.S. Fed fade.The Wall Street Journal - World - Federal Reserve -
Support for U.S. Bonds Will Crumble If Fed Doves Fade
There has been a lack of sustained follow-through selling in the U.S. bond market of late, but the levels of support may collapse if the Fed pushes back hard on rate cut expectations, Oxford Economics said.The Wall Street Journal - World - Federal Reserve -
Chicago’s infamous sidewalk ‘rat hole’ removed by officials
City officials made the decision after saying the sidewalk in Roscoe Village was damaged and needed to be replaced. A Chicago sidewalk landmark some residents affectionately referred to as the “rat hole” has been removed after city officials ...The Guardian - World -
Officially a Bear: Caleb Williams aims to save Chicago
It has been a long, long time since the Bears had a star at quarterback.Yahoo Sports - Sports -
Why U.S. officials want to ban TikTok
Lawmakers argue the Chinese government can use the widely popular video-sharing app as a spy tool and to covertly influence the U.S. public.CBS News - Politics - Tiktok -
Tesla chief Musk meets China’s premier in Beijing
Billionaire arrives in world’s largest car market as he makes push on ‘robotaxis’ in bid to revive fortunesFinancial Times - Business -
Musk flies to Beijing as Tesla grapples with Chinese rivals
Billionaire’s arrival in world’s largest car market comes after he cancelled a planned India trip this monthFinancial Times - World - China -
Why the Fed keeping rates higher for longer may not be such a bad thing
With the economy humming along and the stock market, despite some recent twists and turns, hanging in there pretty well, it’s a tough case to sell that higher interest rates are having a substantially negative impact on the economy.NBC News - Top stories - Federal Reserve -
Stocks Fall After GDP, Inflation Data
Stocks and government bonds fell sharply after fresh data showed the U.S. economy slowed in the first quarter.The Wall Street Journal - World -
Europe’s Policymakers Get Ready to Lower Rates, Regardless of the Fed
European Central Bank governors are highlighting cooler inflation as a sign the bank could cut interest rates before the Federal Reserve.The New York Times - Business - Federal Reserve -
Japan feels inflation heat from Fed’s ‘higher for longer’ shift
Yen’s 34-year low against dollar complicates task for BoJ governor Kazuo Ueda a month after ending negative rates eraFinancial Times - Business - Japan -
Japan feels inflation heat from Fed’s ‘higher for longer’ shift
Yen’s 34-year low against dollar complicates task for BoJ governor Kazuo Ueda a month after ending negative rates eraFinancial Times - World - Japan -
Europe’s Policymakers Get Ready to Lower Rates, Regardless of the Fed
European Central Bank governors are highlighting cooler inflation as a sign the bank could cut interest rates before the Federal Reserve.The New York Times - Top stories - Federal Reserve -
ECB will need more rate cuts if Fed holds back, says policymaker
Head of Italy’s central bank highlights risk of US stance pushing up global borrowing costsFinancial Times - Business - Federal Reserve -
Confounding U.S. Economic, Inflation Data Muddy Fed's Rate Path
Inflation isn't dropping, productivity is high and unemployment is low, making a rate cut less likely in the near term.Inc. - Business - Federal Reserve -
Trump Allies Draw Up Plans to Blunt Fed's Independence
Some Trump advisers argue that the president should be consulted on interest-rate decisions and have the authority to oust the Fed chair.The Wall Street Journal - World - Donald Trump -
ECB will need more rate cuts if Fed holds back, says policymaker
Head of Italy’s central bank highlights risk of US stance pushing up global borrowing costsFinancial Times - World - Federal Reserve -
Trump advisors are considering plans to dramatically revamp the Fed, WSJ report says
Trump's political operatives are putting together a plan that would give him unprecedented influence over the Fed, the report states.CNBC - Business - Donald Trump -
How High Wall Street Thinks the Fed Will Keep Interest Rates
Stubborn inflation has led traders to forecast far fewer rate cuts by the Federal Reserve than just a few months ago.The New York Times - Business - Federal Reserve -
How High Wall Street Thinks the Fed Will Keep Interest Rates
Stubborn inflation has led traders to forecast far fewer rate cuts by the Federal Reserve than just a few months ago.The New York Times - Top stories - Federal Reserve -
Trump Allies Draw Up Plans to Blunt Fed's Independence
Some Trump advisers argue that the president should be consulted on interest-rate decisions and have the authority to oust the Fed chair.The Wall Street Journal - World - Donald Trump -
Trump Allies Draw Up Plans to Blunt Fed's Independence
Some Trump advisers argue that the president should be consulted on interest-rate decisions and have the authority to oust the Fed chair.The Wall Street Journal - World - Donald Trump