Federal Reserve, Trump and Powell
Digest more
Fed, Stock futures
Digest more
The CNBC Fed Survey found the leading contenders to succeed Jerome Powell as Fed Chair are Treasury Secretary Scott Bessent, former Fed Governor Kevin Warsh and Kevin Hassett, the National Economic Council director.
A U.S. senator's recent push to strip the Federal Reserve of a key aspect of how it controls interest rates and the battle over who will succeed Fed Chair Jerome Powell point to a future where some of the tools policymakers use to influence the economy come under greater scrutiny.
Jerome Powell has been President Trump’s No. 1 target as Trump demands lower interest rates, but other policymakers are also part of each rate decision.
The Federal Reserve, by not cutting interest rates, is risking the creation of a deflationary downturn called a Kindleberger Spiral, a leading bond manager says.
Explore more
With gold prices high and a new Fed meeting slated for this week, here's what investors should be considering now.
15m
Barchart on MSNGrant Cardone Warns Fed Chair Powell is Pushing The U.S. into a Crash That Will Make The ‘2008 Market Housing Crisis Pale in Comparison’
Grant Cardone warns that without intervention on 10-year Treasury rates, the institutional and commercial real estate sectors could face a crisis greater than 2008.
4hon MSN
While the Fed kept its benchmark unchanged, here's what happened to consumer borrowing rates
Even while the Fed left its benchmark rate unchanged, many consumer rates have fluctuated over the first half of the year.
It meets July 29-30 to vote whether to cut interest rates for the first time this year. Many economists and market analysts expect the FOMC to hold interest rates steady. But expectations are growing that the next rate cut will come sooner than later.