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31.01.26 - 00:18
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Fmr World Bank Chief Economist: Trump Doesn′t Believe in Fed Independence (Bloomberg)
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Paul Romer, Nobel laureate, former World Bank chief economist, and Boston College professor, says Donald Trump does not believe in central bank independence. Speaking with Romaine Bostick and Katie Greifeld on The Close, Romer says it is entirely possible Trump could move to impose wage and price controls. (Source: Bloomberg)...
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31.01.26 - 00:01
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Bowman Says Fed Can ′Afford to Take Time′ With Rate Cuts (Bloomberg)
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Federal Reserve Vice Chair for Supervision Michelle Bowman says she saw merit in waiting to lower rates further given elevated inflation and uncertainty over potential distortions in economic data during an event in Oahu, Hawaii. (This report is audio only.) (Source: Bloomberg)...
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30.01.26 - 23:54
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Rep. Sherman (D-CA): Investigation into Fed is ′Phony′ (Bloomberg)
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Rep. Brad Sherman (D-CA) calls the Fed investigation a “phony” attempt to intimidate the central bank. Speaking with Romaine Bostick and Katie Greifeld on The Close, he says Kevin Warsh backs a digital dollar to compete with crypto. (Source: Bloomberg)...
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30.01.26 - 23:00
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Who Is Trump′s New Fed Chair Pick? (New York Times)
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President Trump announced Kevin Warsh as his nominee to succeed Jerome H. Powell as chair of the Federal Reserve. Our reporter Colby Smith explains why the choice matters for the economy....
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