Fed, Waller and Donald Trump
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The three candidates interviewed by President Donald Trump so far to replace Federal Reserve Chair Jerome Powell next May share a desire to cut interest rates, but diverge on other aspects of monetary policy and come from different backgrounds.
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Fed governor Miran makes a lighthearted remark on next Fed chair: 'Kevin is a fantastic name'
Federal Reserve Governor Stephen Miran joins CNBC's 'Money Movers' to discuss why he dissented during last week’s rate decision, his take on the next Fed chair, and more.
Federal Reserve Governor Christopher Waller backed further interest-rate cuts to get the central bank’s setting back to neutral, while saying policymakers need not rush to do so.
Diane Brady breaks down new comments from Fed governor Christopher Waller. The big story: BP hires Big Oil’s first female CEO, its fourth chief in six years. The markets: Up in Europe, down in Asia. Plus: All the news and watercooler chat from Fortune.
Federal Reserve officials are remarkably divided about the inflation outlook and consequently whether interest rates should be cut further. On Tuesday, Fed governor Christopher Waller said that he was
Fed officials have been divided about whether to boost the job market by further lowering interest rates, and a surprise uptick in the unemployment rate Tuesday wasn't enough to resolve the debate.
Federal Reserve Governor Stephen Miran said he’ll likely remain at the central bank after his term expires at the end of January, until a new appointee is confirmed to fill his seat.
Learn about the role of a Board of Governors in institutions like the Federal Reserve, its duties, responsibilities, and how it impacts financial and regulatory matters.
President Trump wants substantially lower borrowing costs, but officials at the central bank appear ready to resist delivering further cuts if the economic backdrop does not warrant it.