Jerome Powell issued a warning on Sunday that the Fed's independence was under threat of political intimidation, as evidenced by grand jury subpoenas served to the bank by the DOJ
A vote to reappoint 11 of the Fed's 12 regional bank presidents puts an end to speculation that the Trump administration might try to unseat inflation hawks opposed to interest rate cuts
The president jokingly told Treasury Secretary Scott Bessent that his job is also on the line if rates don't come down, as poll shows inflation will be a key issue in 2026 midterm elections
After hitting a 2025 low on Oct. 28, mortgage rates continue to rise as hopes dim for a December Fed rate cut. Futures market investors see only a 34% chance of a Dec. 10 rate cut.
The resignation of Biden appointee Adriana Kugler and pending retirement of Atlanta Fed President Raphael Bostic renews speculation that Trump will seek to undermine Fed independence
Frustrated and anxious about economic conditions? Trainer Bernice Ross writes that, instead of waiting for change, agents can move forward with confidence by following these strategies