News

Fed Governor Steps Down Early, Giving Trump Opportunity to Shape Central Bank
The resignation comes as President Trump has openly pressured the central bank to lower interest rates and called for Jerome ...
Adriana Kugler to step down from Fed board
Federal Reserve Gov. Adriana Kugler announced Friday she will resign from the central bank’s board Aug. 8, leaving a key ...
Kugler’s sudden exit from Fed accelerates Powell succession planning: UBS
The unexpected resignation of Federal Reserve Governor Adriana Kugler on Friday has fast-tracked the search for a successor ...
See How Often Fed Governors Have Broken Ranks
Two top Fed officials voted against the central bank’s decision to leave rates unchanged, the first dual dissent in more than ...
Federal Reserve leaves interest rates unchanged even as Trump demands cuts
The Federal Reserve is leaving its key short-term interest rate unchanged for the fifth time this year, brushing off repeated ...
Investors React to Kugler's Resignation, Firing of BLS Commissioner
Separately, U.S President Donald Trump ordered that the commissioner of the U.S. Bureau of Labor Statistics, Erika L.
Fed Keeps Rates Steady Despite Internal Divisions and Political Pressure
The central bank kept interest rates steady for a fifth straight meeting, despite badgering from President Trump. It has ...