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The Latest Breaking News from Michael Pugliese

How Worried Should Investors Be About a Jerome Powell Investigation?

The Justice Department served subpoenas on the Fed about a project to remodel the central bank's historic buildings.

Kiplinger

Trump’s pick for the Fed ‘fuels an existential threat’ as central bank independence is targeted, JPMorgan says

“The main threat to the Fed independence is not politically motivated turnover shifting the outcome of votes.”

Fortune

The Federal Reserve's power: Congress giveth and Congress can taketh away

"Don't forget, our Federal Reserve is not at all a part of our Constitution. It's a creature of the U.S. Congress, created by the Federal Reserve Act 1913."

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

US Fed To Provide Fresh Clues On Rate Cuts After Uptick In Inflation

The US Federal Reserve is widely expected to keep its key lending rate unchanged again on Wednesday, as policymakers continue discussions over when to start rate cuts and launch the next phase in their long-running battle against inflation.

International Business Times

The Fed already had a tough inflation fight. Now, it must deal with banks collapsing

Consumer prices in February were 6% higher than a year ago, as inflation continues to ease. The data comes just days after the collapse of two regional lenders is roiling the banking system.

WEKU

Biden’s student-loan relief adds new wrinkle to inflation debate

President Joe Biden’s plan to forgive a portion of student loans held by tens of millions of people will ripple through the economy as personal spending and savings shift, but no factor will be more closely watched than inflation.

Tribune News Service

Fed’s inflation fight made tougher by state relief efforts

States’ efforts to provide inflation relief to US consumers with tax rebates may go over well with recipients — yet they risk adding even more fuel to spending and making it tougher for Federal Reserve policy makers to cool inflation.

Tribune News Service

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