Trump Fed Nominee Stephen Miran Faces Senate Hearing: Independence of Central Bank in Question

President Donald Trump’s effort to reshape the Federal Reserve takes center stage this Thursday as the Senate Banking Committee prepares to hear the nomination of Stephen Miran, one of the … Read more

Wall Street Pulls Back as Inflation Tops Fed Target; Nasdaq Leads Slide

U.S. stocks pulled back from record highs on Friday after fresh economic data signaled that inflation remains stubbornly above the Federal Reserve’s 2% target. The update left investors digesting the … Read more

Mortgage Rates Hold Steady as Fed Signals Possible Rate Cut

Mortgage rates remained unchanged this week after a significant drop to a 10-month low, as markets anticipate an imminent Federal Reserve interest rate cut. The average 30-year fixed mortgage rate … Read more

Trump Demands Lisa Cook Resign as Mortgage Fraud Allegations Shake the Fed

Former President Donald Trump on Wednesday openly demanded that Federal Reserve Governor Lisa Cook resign following explosive allegations of mortgage fraud. The call came after Bill Pulte, director of the … Read more

Stock Market Shaken by Weak Jobs Data and Trump’s Tariff Shock

Stocks witnessed a dramatic tumble as August began, with Wall Street shaken by weaker-than-expected U.S. jobs data and a sudden rise in tariff rates announced by President Donald Trump. The … Read more

Fed Freezes Rates as October Looms Over Market Expectations

In a poised yet pressing decision, the Federal Reserve chose to hold interest rates steady between 4.25% and 4.5%, aligning with investor expectations while leaving the financial world in quiet … Read more

Trump Turns Up the Heat as Fed Faces Crucial Interest Rate Test

As the Federal Reserve prepares to announce its interest rate decision on July 30, all eyes turn to Chair Jerome Powell amid renewed pressure from President Trump to slash borrowing … Read more