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Fed, Trump and Lisa Cook

NBC News on MSN · 1h

Trump says he's removing Federal Reserve Gov. Lisa Cook, citing his administration’s allegations of mortgage fraud

Cook, the first Black woman to serve on the Fed's board, said that Trump has no authority fire her and her lawyer said that they would file a lawsuit challenging "this illegal action."

TIME on MSN · 8h

Who Is Lisa Cook and Why Is Trump Trying to Fire Her From the Fed?

President Trump announced he’s removing the Biden-appointed Fed Governor over alleged mortgage fraud, though critics say the move is politically motivated.

Cook to sue Trump over order to fire her from Federal Reserve

Cook says the US president "has no authority to do so" in defiance of Trump's escalatory move against the central bank.

Fed, Jerome Powell and interest rate

Fed Chair Jerome Powell Signals September Rate Cut in Jackson Hole Speech, Saying 'Balance of Risks' Is Shifting From Inflation to Layoffs

Powell delivered the guidance in a highly anticipated speech on Friday at the central bank's annual symposium in Jackson Hole, WY.

Morgan Stanley joins global peers with September Fed rate cut outlook as Powell shifts tone

Morgan Stanley has joined a growing bloc of global brokerages forecasting a September interest rate cut by the U.S. Federal Reserve, citing Chair Jerome Powell's shift in tone toward labor market risks at the Jackson Hole symposium.

The Associated Press - Busines… · 1d

World shares are mixed after Fed chair Powell hints at rate cuts

World shares were mixed on Monday after the head of the Federal Reserve hinted that cuts to interest rates may be on the way. European markets opened lower, with Germany's DAX down 0.2% at 24,305.67,

1hOpinion

Federal Reserve independence is worth fighting for

It’s not hard to find mistakes in the Federal Reserve’s recent history, but Donald Trump’s latest attempt to erode the ...

InvestmentNews2h

Fed bank presidents face risk of removal on Trump’s maneuvers, Brainard says

The former Fed vice chair under Biden warned Trump's attacks on central bank independence "means higher inflation potentially ...

Opinion

1hOpinion

Column: Federal Reserve meetings have history of making news

Federal Reserve Chairman Jerome Powell indicated more clearly than in the past that an interest rate cut is likely.

1d

Fed Chair Jerome Powell is worried about the job market. Here are 3 red flags for workers.

Federal Reserve Chair Jerome Powell cited risks to the labor market in opening the door to cutting interest rates. Here's ...

11h

U.S. Federal Reserve

Stay updated with the latest news on the U.S. Federal Reserve. Get comprehensive coverage and analysis of the Fed's monetary ...

5don MSN

Why the Federal Reserve has historically been independent of the White House

President Donald Trump is calling on a Federal Reserve governor to resign over an accusation of mortgage fraud.

6don MSN

Trump hits Federal Reserve Chair Powell over housing industry in latest attack, blasting mortgage rates

President Donald Trump resumed attacks on Federal Reserve Chair Jerome Powell, this time claiming he is hurting the housing ...

6don MSN

Federal Reserve's Jackson Hole Symposium Kicks Off Today: What to Know

The annual Jackson Hole Economic Symposium takes place later this week. It will attract policymakers from around the world ...

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