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Jefferies’ Zervos Says Fed Not Independent, Powell Left-Leaning

A potential candidate to succeed Federal Reserve Chair Jerome Powell, David Zervos, said that it’s inaccurate to describe the US central bank as independent, and characterized the outgoing Fed chief as aligned with the political left.

'Upside down economically': Here's why the housing market probably won't get more affordable if the Fed cuts rates

Fed rate cuts are unlikely to lower borrowing costs for American homebuyers, according to one CIO. Mortgage rates and home prices remain elevated.

What to Expect from Fed Chair Powell's Speech on Friday: 3 Key Scenarios

Wall Street will be listening closely to Federal Reserve Chair Jerome Powell's speech Friday at the Jackson Hole economic policy summit, where he could signal whether the central bank is ready to cut borrowing costs at its next meeting in September.

How Trump is using the Fed chair selection process to pressure Powell to lower rates

The TV-style approach could present the White House with an excuse to meet with some current Fed officials who don’t support lowering rates.

Plosser, Policy Hawk Who Led Philadelphia Fed Bank, Dies at 76

Charles Plosser, the former president of the Federal Reserve Bank of Philadelphia who became an outspoken critic of the Fed’s easy-money policies following the 2008 financial crisis, has died. He was 76.

Hassett likely to be Trump's pick for Fed chief, though Warsh is more qualified, CNBC survey finds

President Donald Trump will tap his top economic advisor Kevin Hassett to be the next Fed chair, according to respondents to a special Jackson Hole Edition of the CNBC Fed Survey. But when asked who the president should pick, Hassett ranked a more distant fourth.

Challenges to Fed's independence support case for higher long-term Treasury yields: BMO

Risks from a loss of independence at the Federal Reserve, coupled with a warning from S&P Global this week that the U.S. credit rating could be at risk, are creating the possi

Treasury's Bessent says interviews for potential Fed chairs will start around Labor Day

Treasury Secretary Scott Bessent said interviews for 11 Federal Reserve chair candidates will start around Labor Day as the White House searches for Jerome Powell's replacement.
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