Trump Aides Raise Recession Fears, and Point Fingers at the Fed

Treasury Secretary Scott Bessent said some sectors were in a recession as he argued for more interest rate cuts.

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A Tough Job for Jay Powell at the Fed Gets Tougher

Some at the central bank don’t feel the need to cut rates further this year; others are worried about the jobs market. That complicates the job of Jay Powell, its chair.

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New York Fed’s John Williams Favors More Rate Cuts

John Williams, president of the Federal Reserve Bank of New York, is primarily concerned with weakness in the labor market.

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Mixed Economic Signals Stoke Divisions at Fed, Minutes Show

A few officials appeared reluctant to support the central bank’s interest rate cut last month, underscoring the tough task ahead for Chair Jerome H. Powell to forge a consensus.

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Fed’s Independence in Jeopardy Despite Latest Lisa Cook Victory

A Supreme Court order keeping Lisa Cook on the Federal Reserve Board for now is “a time to exhale but not breathe easy,” one expert said.

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Shutdown Puts a Divided Fed in a Perilous Position

Some policymakers at the central bank are in a rush to lower interest rates after the Federal Reserve’s first cut this year, while others are urging caution.

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The Rates Debate Dividing the Fed

Jerome Powell and some of the more dovish policymakers at the central bank are at odds over how to handle “challenging” inflation and unemployment.

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New to the Fed, Miran Defends Calls for Sharper Reduction in Interest Rates

In his first comments since joining the Federal Reserve Board, Stephen Miran sought to emphasize his independence from the White House.

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Fed Faces No Good Options as Labor Market Wobbles While Inflation Firms

The central bank is grappling with how quickly to lower interest rates after restarting cuts on Wednesday, amid mixed economic signals and a relentless White House pressure campaign.

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A New Rate-Cut Cycle Could Be Fuel on the Stock Market Fire

But with the market already booming and the Federal Reserve under presidential pressure, a new cycle of lower rates could pour fuel onto a fire, our columnist says.

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