Larry Kudlow suggests Lisa Cook should be removed from the Fed’s September meeting.
WASHINGTON – Federal Reserve member Lisa Cook should be excluded from upcoming central bank meetings this month due to allegations related to mortgage fraud, according to former Trump economic adviser Larry Kudlow. He expressed that officials “were dead” on these accusations, suggesting there’s no room for Cook in meetings going forward. Kudlow told Miranda Devine […]
Judge temporarily stops Trump from firing Fed’s Lisa Cook
A federal judge has temporarily halted the efforts to dismiss Lisa Cook, a member of the Federal Reserve appointed by President Trump. US District Judge Jia Cobb acknowledged that the recent shooting and related legal issues surrounding Cook present “many serious questions” that the court hadn’t considered before. However, at this initial stage, Cook argued […]
Stock market update: Dow, S&P 500, Nasdaq rise gradually as Wall Street considers the Fed’s next actions
Market Update: U.S. Stock Futures and Economic Indicators U.S. stock futures took a cautious approach on Tuesday, hinting at potential weakness in the labor market. This could, perhaps, reset expectations for interest rate reductions as investors were anticipating revisions in employment figures. The Dow Jones Industrial Average Futures showed a slight increase of 0.1%, while […]
Stock market update: Dow, S&P 500, Nasdaq rise as Wall Street considers the Fed’s next steps
U.S. Stock Futures Show Caution Amid Labor Market Concerns U.S. stock futures dipped on Tuesday, potentially signaling some weakness in the labor market. This could lead to a reassessment of expectations regarding interest rate cuts as investors await revisions to employment numbers. Futures for the Dow Jones Industrial Average dropped, while the S&P 500 saw […]
Bitcoin’s dominance may rise in September as cryptocurrency traders anticipate the Fed’s decision.
Bitcoin’s Market Dynamics as September Approaches Bitcoin might see a comeback in its market positioning this September, albeit possibly just briefly. This summer, the oldest cryptocurrency has outperformed many other digital currencies. While Bitcoin dropped about 7% in August, Ether surged by 17%. For the last couple of months, Bitcoin has struggled to maintain a […]
Judge considers Trump’s decision to dismiss Fed’s Lisa Cook
A federal judge has confirmed that President Trump tried to remove Lisa Cook from the Federal Presidential Committee, raising some “important questions” that hadn’t been tackled before in court. During the initial hearing regarding Cook’s firing, U.S. District Judge Zia Cobb referred to the situation as an “innovative issue.” “I keep coming back to the […]
Japanese Yen rises above 147.00 as worries about the Fed’s independence continue
The USD/JPY pair is trading lower, around 147.20, in the early Asian sessions on Thursday. Concerns over Trump’s attempts to influence the Federal Reserve are impacting the US dollar. Comments from Ueda suggest conditions are ripe for another interest rate hike. The USD/JPY currency pair is dipping to about 147.20 during the early trading hours […]
Pound Sterling remains strong as Fed’s Powell adopts a softer stance on interest rates
Sterling and Powell’s Impact on the Dollar Pound Sterling (GBP) fluctuates from Friday’s peak of 1.3544 to around 1.3480 against the US Dollar (USD) during European trading on Monday. Fed Chair Jerome Powell raised concerns about the risks facing the labor market at the Jackson Hole Symposium. Bank of England’s Bailey pointed out significant hurdles […]
The Effect of the Fed’s Changing Approach to Inflation on Cryptocurrency in Q4 2025 and After
Fed Chair Powell’s Jackson Hole Speech: Balancing Inflation and Employment On Friday, Federal Reserve Chairman Jerome Powell delivered a speech at this year’s Jackson Hole Economic Policy Symposium, where he addressed the delicate balance between rising inflation and vulnerable labor markets. The political landscape suggests that his successor may be cautious about interest rates. Powell’s […]
The Fed’s Illusion of Inflation Confronts the PMI Truth
Inventory Inflation Stories and the Fed’s Perspective The Federal Reserve has been asserting for months that tariffs directly contribute to inflation. This isn’t just a casual observation; it’s presented as a firm belief that seems firmly rooted in their framework. Yet, the data tells a different story. Consumer prices haven’t soared in line with increased […]