Supreme Court Shields Fed
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(Reuters) -Federal Reserve Governor Lisa Cook on Friday noted financial market volatility last month driven by the Trump administration's announcement of unexpectedly high tariffs did not result in the kind of U.
Fed's Goolsbee warns Trump's proposed 50% EU tariff is a completely different order of magnitude. President Trump's plan to slap a 50% levy on European Union importsup from the 10% cap that hadn't been seen in 90 yearsprompted Chicago Fed President Austan Goolsbee to call the move completely different and really scary for global supply chains on CNBC's Squawk Box.
Only 17% of California households could qualify to buy in 2025’s first quarter, according to calculations from the California Association of Realtors. Six years earlier, this affordability yardstick showed 32% could buy. And this qualification measure has averaged 31% since 2006.
A proposal for the U.S. Federal Reserve to release detailed economic forecasts after some of its meetings to anchor the discussion of monetary policy is drawing fire from the heads of its regional banks who worry it will be hard to agree on a common outlook and risks further confusing the public.
The Federal Reserve is unlikely to lower its benchmark interest rate at its two meetings this summer, several bank policymakers indicated in speeches and interviews this week.
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Treasury yields are rising because financial-market participants are concerned that there won’t be any meaningful near-term effort to reduce budget deficits, Federal Reserve governor Christopher Waller said Thursday.
A Federal Reserve Bank of New York official responsible for implementing monetary policy said on Thursday the central bank is encouraging usage of a key liquidity tool that thus far has been largely dormant.
We're not even two full months into the Athletics' three-year (and maybe more) stay in Sacramento, but it sure seems like the A's are already fed up with their minor league digs. The latest instance of annoyance with West Sacramento's Sutter Health Park came from A's manager Mark Kotsay on Thursday.