Federal Reserve News — What Changed Today
Curated Federal Reserve coverage from trusted open-web sources with AI summaries.
Latest on Federal Reserve
Trump is trying to fire Lisa Cook again. He still wants to stack the Fed with allies.
HeadlineFlip summary: President Trump is again attempting to remove Federal Reserve Governor Lisa Cook, two months after the Supreme Court blocked his previous effort. This move aims to place more allies on the central bank's board.
Some of the urgency is gone for a Fed rate hike in September after a soft jobs report
HeadlineFlip summary: A soft jobs report has reduced the urgency for a Federal Reserve rate hike in September. However, the possibility remains, with future inflation reports being closely watched by Fed officials.
Trump revives effort to fire Fed's Lisa Cook
HeadlineFlip summary: Donald Trump is renewing his attempt to remove Federal Reserve Governor Lisa Cook from her position. The article details this revived effort.
Analysis: Trump treats Fed Chairman Kevin Warsh as an ally. That creates economic risks
HeadlineFlip summary: President Trump's reported calls to Fed Chairman Kevin Warsh could undermine perceptions of the Fed's independence, potentially creating economic risks related to inflation and interest rate decisions.
Fed Governor Cook says she's 'prepared to act' on rate hike to address inflation
HeadlineFlip summary: Fed Governor Cook indicated readiness to raise interest rates to combat inflation, despite a recent vote to hold rates steady. The benchmark rate is currently 3.5%-3.75%.
As Warsh and the Fed contemplate fewer meetings, markets brace for potential volatility ahead
HeadlineFlip summary: Warsh's recent actions may lead the Fed to reduce meeting frequency, potentially causing market fluctuations. His tenure has already shifted established Fed practices.
Fed's Kashkari says 'now is the time to start slowly moving' rates up
HeadlineFlip summary: Minneapolis Fed President Neel Kashkari stated it is time to "slowly move" interest rates higher. He was among three dissenters at the recent Federal Open Market Committee meeting.
Bessent defends Warsh, saying markets are going through ‘detox’ from too much Fed guidance
HeadlineFlip summary: Treasury Secretary Bessent defended Warsh, stating markets are undergoing a 'detox' from excessive Federal Reserve guidance and questioning the necessity of an interest-rate hike.
Philadelphia Fed President Paulson content with rates at current level, but keeping an open mind
HeadlineFlip summary: Philadelphia Fed President Paulson is content with current interest rates but remains open to future adjustments. He stated that voting with the majority last week was not a difficult decision.
Manufacturing survey shows inflation worries 'worse than pandemic era,' adding to Fed pressure
HeadlineFlip summary: A manufacturing survey indicates inflation concerns are more severe than during the pandemic, increasing pressure on the Federal Reserve. Purchasing managers face a volatile environment.
JPMorgan says Warsh failure to buttress Fed credibility may force a rate hike before year-end
HeadlineFlip summary: JPMorgan's economics team believes Fed Chair Kevin Warsh's recent press conference may necessitate a year-end rate hike, citing it as the most troubling since 2012.
Warsh tightened more by pausing than by lifting rates, this bond-market veteran argues. Here’s the math.
HeadlineFlip summary: A bond market veteran argues that Federal Reserve Chair Kevin Warsh's decision to pause interest rate hikes may have tightened the economy more than actual increases would have.
Investors are rotating into financial stocks. The Fed’s next move could determine how far the rally runs.
HeadlineFlip summary: Financial stocks are leading market performance this month. The Federal Reserve's upcoming decision will be a key factor in the sustainability and extent of this rally.
From a Fed decision to Big Tech earnings: What drove last week's volatile market
HeadlineFlip summary: The stock market experienced volatility last week, influenced by a Federal Reserve decision and earnings reports from major technology companies, before ultimately ending on a positive note.
Investors may want to focus on front end of yield curve — as Street anticipates next Fed meetings
HeadlineFlip summary: Noah Wise of Allspring Global Investments suggests bond market investors should concentrate on the front end of the yield curve, anticipating upcoming Federal Reserve meetings.
Analysis: Markets heard a dovish Kevin Warsh. The Fed chairman's own words suggest a rate hike
HeadlineFlip summary: Markets interpreted Kevin Warsh's press conference as dovish. However, a detailed review of his prepared remarks indicates he might be nearing a decision to raise interest rates.
Warsh’s Fed is failing to stick to its own principles for good monetary policy
HeadlineFlip summary: Bond investors question Federal Reserve Chair Kevin Warsh's commitment to stable prices due to his inaction on interest rates, suggesting a deviation from sound monetary policy principles.
As Warsh’s Fed faces pressure to act on inflation, these indicators show it’s at its lowest in years
HeadlineFlip summary: Trimmed mean inflation measures suggest prices are at their lowest in years, diverging from headline figures, as the Federal Reserve faces pressure to address inflation.
Fed dissenters speak: Why they backed higher interest rates
HeadlineFlip summary: Some Federal Reserve members favored higher interest rates, diverging from the majority. This decision was influenced by inflation exceeding the Fed's 2% target for over five years.
Fed officials who voted to hike rates say action is needed now against inflation
HeadlineFlip summary: Federal Reserve officials who supported interest rate increases believe immediate action is necessary to combat inflation. The article focuses on their reasoning and the current economic climate.
Why fresh volatility means a ‘valuation opportunity’ is opening up in U.S. stocks
HeadlineFlip summary: Equities often face challenges during Federal Reserve transitions, according to RBC's Calvasina. This volatility may present a "valuation opportunity" in U.S. stocks.
Warsh’s Wall Street cred takes a hit as investors doubt the Fed chair’s inflation-fighting resolve
HeadlineFlip summary: Kevin Warsh claims the Fed will fight inflation to reach its 2% target, but investors are skeptical of his resolve.
Mortgage rates jump to their highest level in a year and show few signs of falling
HeadlineFlip summary: Mortgage rates have reached a one-year high due to political and economic factors, despite the Federal Reserve holding its benchmark interest rate steady. Rates show no immediate signs of decreasing.
Fed-favored PCE inflation gauge falls for first time since pandemic, but danger far from over
HeadlineFlip summary: The Federal Reserve's preferred inflation gauge, the PCE, decreased in June for the first time since the pandemic. This development aligns with the Fed's decision to hold interest rates steady.
Analysis: Fed Chairman Warsh's credibility in question after leaving interest rates unchanged
HeadlineFlip summary: The Federal Reserve kept interest rates unchanged, causing long-term Treasury yields to rise. Investors are now questioning Chairman Warsh's commitment to combating inflation.
What a divided Fed means for investors
HeadlineFlip summary: The Federal Reserve's recent decision signals a probable interest rate hike, according to Wall Street's interpretation of the event.
Stocks and bonds see wild ‘Fed Day’ swings as Wall Street’s ‘crash cushion’ evaporates
HeadlineFlip summary: Stocks and bonds experienced significant volatility on "Fed Day," with major indexes seeing their worst performance since December 2024 and the 30-year bond yield rising sharply.
Jeffrey Gundlach says the bond market is telling Warsh the Fed has to start acting on inflation
HeadlineFlip summary: Jeffrey Gundlach believes the bond market signals that Fed official Warsh needs to address inflation, indicating investor doubt about the Fed's commitment to action.