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Trump to appoint new Fed board member

Kugler resigning from Fed, opening door to Trump appointment

The Federal Reserve said on Friday that Governor Adriana Kugler is resigning early from her term and will exit the central bank on Aug. 8, potentially shaking up what was already a fractious succession process for Fed leadership amid difficult relations with President Donald Trump.

Newsweek on MSN · 15h

Fed Governor Adriana Kugler Resigns Early in Boost for Trump: What To Know

Trump has launched a series of scathing attacks on Powell over his refusal to reduce interest rates. The president claimed that the central banker is "TOO ANGRY, TOO STUPID, & TOO POLITICAL, to have the job of Fed Chair" in a post on his Truth Social website on Thursday.

Bloomberg on MSN · 1d

Trump Says Powell ‘Should Resign’ Like Fed Governor Kugler

President Donald Trump said Jerome Powell should follow in the footsteps of Federal Reserve Governor Adriana Kugler and resign from the central bank, ratcheting up his feud with the central bank chair.

Fed, Trump and rates

SFGATE · 8h

Fed Won't Budge on Interest Rate Cut Despite Trump's Demand for Mortgage Relief

As was widely expected, Fed policymakers on Wednesday left the central bank's overnight rate unchanged at a range of 4.25% to 4.5%.

Associated Press News on MSN · 2d

Fed’s Powell sticks with patient approach to rate cuts, brushing off Trump’s demands

The Federal Reserve is leaving its key short-term interest rate unchanged for the fifth time this year, brushing off repeated calls from President Donald Trump for a cut.

The New York Times · 1d

Fed Dissenters Defend Call for July Rate Cut as Trump Intensifies Attacks

The central bank this week kept interest rates steady for a fifth-straight meeting, prompting the first double dissent from members of the powerful Board of Governors since 1993.

Fed, Bowman and Waller

Fox Business on MSN · 14h

Fed Governors Michelle Bowman and Christopher Waller wanted 25-basis-point cut at this week's meeting

Federal Reserve Governors Bowman and Waller dissented from this week's decision to hold interest rates steady and explained why they would've cut rates by 25-basis-points.

CNBC on MSN · 1d

Fed governors Bowman, Waller explain their dissents, say waiting to cut rates threatens economy

Two Federal Reserve officials who voted this week against holding a key interest rate in place explained their decisions Friday.

Wall Street Journal · 1d

Fed's Bowman and Waller Explain Why They Voted for Rate Cuts

Federal Reserve governors Michelle Bowman and Christopher Waller favored an interest-rate cut this week because they have grown more concerned about the labor market, and thought their colleagues were being too cautious about inflation.

Mortgage Rates Dropped Ahead of This Week's Fed Meeting—But the Link May Be Weaker Than You Think

Mortgage rates have dropped, but it's not likely tied to the latest Fed news. Here’s why waiting for a Fed rate cut could be ...

18hon MSN

Trump fires US labor official over data and gets earlier than expected chance to reshape Fed

In a second surprise economic policy development, Fed Governor Adriana Kugler unexpectedly announced her resignation on ...

1don MSN

Fed Officials Take Cool Jobs Report in Stride

The New York Fed’s John Williams says the labor market remains solid, even after unusually large downward revisions to job ...

8hon MSN

Did the Fed just royally screw up?

“The labor market has become less dynamic and shows increasing signs of fragility,” Bowman wrote, adding that just few ...

1don MSN

The Jobs Report Stunned. The Fed Has to Recalculate.

The Fed’s next policy meeting is six weeks away. That leaves time for another jobs report, fresh inflation data, and the ...

The Fed's Preferred Inflation Gauge Shows Rising Price Pressures

Inflation picked up in June, as measured by the Federal Reserve's preferred gauge, reflecting the continued price pressures ...

1don MSN

Weakening US jobs market hits center of Fed rate policy debate

Surprisingly weak July hiring data released on Friday highlighted a fractious Federal Reserve debate over whether the central ...

1don MSN

Trump calls on Federal Reserve board to wrest full control of central bank from Fed Chair Powell

President Donald Trump is calling for the Federal Reserve’s board of governors to usurp the power of Fed Chair Jerome Powell.

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News

Trump to appoint new Fed board member

Fed, Trump and rates

Fed, Bowman and Waller

Mortgage Rates Dropped Ahead of This Week's Fed Meeting—But the Link May Be Weaker Than You Think

Trump fires US labor official over data and gets earlier than expected chance to reshape Fed

Fed Officials Take Cool Jobs Report in Stride

Did the Fed just royally screw up?

The Jobs Report Stunned. The Fed Has to Recalculate.

The Fed's Preferred Inflation Gauge Shows Rising Price Pressures

Weakening US jobs market hits center of Fed rate policy debate

Trump calls on Federal Reserve board to wrest full control of central bank from Fed Chair Powell

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