Trump Leaning Toward Warsh or Hassett for Fed Chair
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WASHINGTON, Dec 15 (Reuters) - Current above-target inflation does not reflect underlying supply and demand dynamics that are generating price increases much closer to the central bank's 2% target, Federal Reserve Governor Stephen Miran said on Monday,
The Fed said it would begin making reserve management purchases last week. The move to load up Treasurys has important implications for markets.
Federal Reserve governor Stephen Miran has said that “phantom inflation” is distorting the US central bank’s decision-making and causing it to keep interest rates too high.
The December Federal Reserve meeting may lead to lower mortgage rates, but it's not directly caused by the 25 basis point rate cut.
By Michael S. Derby Dec 15 (Reuters) - Federal Reserve Bank of Boston President Susan Collins said Monday a changing inflation outlook tilted her toward supporting last week’s central bank interest rate cut.
Federal Reserve Governor Stephen Miran again argued the central bank’s policy stance is unnecessarily restrictive on the economy, pointing to his benign outlook for inflation and warning signs in the labor market.
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Here's how much a $700,000 mortgage can cost per month, following the December Fed rate cut
The monthly costs of a mortgage loan of this size are considerably lower than they were at the start of 2025.
(This December 13 story has been republished with no changes to the text.) By Jan Wolfe WASHINGTON, Dec 13 (Reuters) - The U.S. Supreme Court's conservative justices appear ready to endorse President Donald Trump's power to fire a regulatory agency official despite job protections given by Congress.
Mortgage rates have been largely unchanged.
Inflation has been a setback for millions in NJ who have grappled with the costs of housing and health care, NY Fed president told NorthJersey.com.
JERSEY CITY, New Jersey, Dec 15 (Reuters) - New York Federal Reserve President John Williams said on Monday the U.S. central bank's interest rate cut last week leaves it in a good position to deal with what lies ahead,
The Federal Reserve’s next moves on the size of its balance sheet could matter for banks as much or more than its rate decisions, says Heard on the Street columnist Telis Demos. The Fed sai