The Fed Cuts Again: a new piece of theatre
The Federal Reserve, ever anxious to appear both decisive and contemplative, has delivered its third consecutive rate cut, trimming another 25 basis points from the...
Tag: Stephen Miran
Fed Minutes: Hawks Circle as Cuts Lose Altitude
Many Federal Reserve officials judged that holding interest rates steady for the rest of 2025 would be the sensible, or at least the least regrettable,...
The Fed Cuts Rates — and Walks Straight into the Fog
As widely expected, the Federal Reserve trimmed its policy rate by a quarter point on 17 September. The move was well-telegraphed, and Chair Jerome Powell...
Supreme Court Puts Trump’s Fed Purge on Ice – For Now
The US Supreme Court’s refusal to let President Donald Trump immediately sack Federal Reserve governor Lisa Cook has offered the central bank a fleeting reprieve...
Powell Buys Time as Trump’s Shadow Looms Over the Fed
Jerome Powell, the beleaguered chairman of the Federal Reserve, managed to herd a divided committee into backing a quarter-point rate cut, the first of the...
The Euro Finds Its Voice as the Dollar Trips Over the Fed
The euro has scaled its highest level in four years, brushing $1.1878 on Tuesday, as traders braced for the Federal Reserve’s long-awaited rate cuts. This...
The Fed’s Cuts Debate Turns Political
The Federal Reserve is preparing to cut interest rates for the first time in nine months, caught between a weakening labour market, stubbornly sticky inflation,...
The Fed’s Next Steps: From Job Woes to Rate-Cut Roulette
Weak US labour market data has handed investors the excuse they needed to double down on their favourite bet: the Fed is about to start...
Trump’s Fed Pick Promises ‘Independence’ — While Keeping His White House Day Job
Donald Trump’s latest pick for the Federal Reserve Board, Stephen Miran, has managed the rare feat of uniting Democrats and sceptical Republicans in disbelief. At...