Federal Reserve

Former pizza chain executive Herman Cain's rocky road to the Federal Reserve appeared strewn with boulders on Thursday. According to Reuters, that's when a fourth Republican senator voiced opposition,..

Credit: Wochit News     Duration: 00:43Published 1 week ago

President Donald Trump's pressure on the Federal Reserve poses risks to the economy, an International Monetary Fund official said Thursday. The president has repeatedly lashed out at the central bank..

Credit: Wochit News     Duration: 00:53Published 1 week ago

On Tuesday a political feud over President Donald Trump’s picks for the U.S. Federal Reserve Board broke into an open brawl even before the nominations of Herman Cain, a former restaurant chain..

Credit: Wochit News     Duration: 00:38Published 1 week ago

Tech stocks led Wall Street slightly higher on Wednesday, with investors largely shrugging off benign U.S. inflation data and unsurprising minutes from the Federal Reserve's March meeting. Fred..

Credit: Reuters Studio     Duration: 01:00Published 1 week ago

According to a report by Markets Insider, President Donald Trump's plan to nominate Stephen Moore and Herman Cain to the Federal Reserve has sparked concerns that the central bank's independence would..

Credit: Wochit News     Duration: 00:37Published 1 week ago

According to Business Insider, U.S. President Donald Trump announced the selection of Herman Cain, the former Godfather's Pizza CEO and 2012 Republican presidential candidate, for the Federal Reserve..

Credit: Wochit News     Duration: 00:40Published 1 week ago

President Donald Trump has nominated Herman Cain to the Federal Reserve. And according to Politico, Senate Republicans are warning the White House that Cain will face one of the most difficult..

Credit: Wochit News     Duration: 00:38Published 1 week ago

President Donald Trump said on Friday the U.S. Federal Reserve should lower interest rates and take other unconventional measures to ease pressure on an economy. “I think they should drop rates,”..

Credit: Wochit News     Duration: 00:39Published 2 weeks ago

U.S. employers added a stronger-than-expected 196,000 new jobs in March, a snapback from dismally weak numbers in February but, the pace of job growth in 2019 is down from 2018. Conway G. Gittens..

Credit: Reuters Studio     Duration: 01:19Published 2 weeks ago

President Donald Trump said on Friday the U.S. Federal Reserve should lower interest rates, noting that newly released jobs numbers showed the economy had performed well but adding that action by the..

Credit: Reuters Studio     Duration: 00:30Published 2 weeks ago

According to Business Insider, President Donald Trump is set to appoint Herman Cain to the Federal Reserve Board. Cain is best known as the CEO of Godfather's Pizza and a 2012 GOP presidential..

Credit: Wochit News     Duration: 00:41Published 2 weeks ago

According to Business Insider, U.S. President Donald Trump reportedly discussed replacing his handpicked chairman of the Federal Reserve late last year. Axios reported Wednesday that the president was..

Credit: Wochit News     Duration: 00:36Published 2 weeks ago

Factories in the euro zone had their worst month for almost six years in March and forward looking indicators pointed to gloomy times ahead, a survey found, grim reading for European Central Bank..

Credit: Reuters Studio     Duration: 01:38Published 3 weeks ago

President Donald Trump said the Federal Reserve made a mistake in raising interest rates. According to Reuters, he blamed the central bank for hurting the U.S. economy and stock market. Trump said:..

Credit: Wochit News     Duration: 00:32Published 3 weeks ago

President Donald Trump said Friday that the U.S. Federal Reserve had made a mistake in raising interest rates. According to Reuters, Trump tweeted angrily that the central bank was hurting the U.S...

Credit: Wochit News     Duration: 00:35Published 3 weeks ago

Wells Fargo said on Thursday Tim Sloan will resign immediately as its chief executive, becoming the second CEO to leave the bank in the fallout of a wide-ranging sales practices scandal. Jane Lanhee..

Credit: Reuters Studio     Duration: 01:58Published 3 weeks ago

Global equities sank Monday after what some analysts called an 'amber warning' for growth. Julian Satterthwaite reports.

Credit: Reuters Studio     Duration: 01:45Published on March 25, 2019

President Donald Trump is adding conservative economic commentator Stephen Moore to his team. According to Reuters, Moore will join the U.S. central bank’s board of governors. Moore is a known critic..

Credit: Wochit News     Duration: 00:32Published on March 23, 2019

According to a report by SFGate, on Friday, President Donald Trump nominated Stephen Moore, a former CNN contributor and campaign advisor, to join the Federal Reserve Board. Trump tweeted, “It is my..

Credit: Wochit News     Duration: 00:35Published on March 22, 2019

President Donald Trump will nominate a conservative economist to the Federal Reserve’s board of governors. According to Business Insider, Trump is nominating Stephen Moore. Moore has been a supported..

Credit: Wochit News     Duration: 00:32Published on March 22, 2019

German 10-year bond yields plunged below zero while European shares and the euro fell on Friday as well. German manufacturing contracted for a third straight month in March, compounding worries that..

Credit: Wochit News     Duration: 00:34Published on March 22, 2019

A tech rally led by Apple pushed Wall Street higher on Thursday as jitters over the Federal Reserve's forecast of an economic slowdown were calmed by upbeat economic data. Fred Katayama reports.

Credit: Reuters Studio     Duration: 01:19Published on March 21, 2019

Shares in Asia rose on Thursday after the U.S. Federal Reserve abandoned forecasts for any rate hikes this year, but European stock markets fail to get a lift as the banking sector weighs up the..

Credit: Reuters Studio     Duration: 01:29Published on March 21, 2019

Chairman Jerome Powell said rates may not rise for the rest of 2019, either.

Credit: Newsy Studio     Duration: 01:08Published on March 20, 2019

According to Reuters, the Federal Reserve abruptly ended a three-year commitment to managing inflation through interest rates. After their latest Federal Open Market Committee meeting, the Fed chose to..

Credit: Wochit News     Duration: 00:35Published on March 20, 2019