August 12, 2026

Federal Reserve Watch

Powell Drops Rate One Quarter, Promises Two More Cuts in 2025

pgnewser September 18, 2025 0

Global Perspectives with Federal Reserve Chair Jerome Powell ...

Federal Reserve Cuts Rates for First Time in 2025– legalinsurrection.com
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Excerpt:

Welp, it only took numerous poor inflation reports for the Federal Reserve to cut interest rates!

From Fox Business:

Following the central bank’s decision to cut rates for the first time since December 2024, the federal funds rate will sit at a new range of 4% to 4.25%. The cut comes after the Fed left rates unchanged at its first five meetings this year amid economic uncertainty.

Policymakers have been monitoring economic data which has shown a slowdown in hiring as businesses grapple with shifts in trade and immigration policy, while inflation has remained elevated and trended higher in recent months as tariff-related price hikes filter through into inflation data.

That dynamic has presented a challenge for policymakers in achieving both of the goals of the Fed’s dual mandate to promote maximum employment and stable prices in line with the Fed’s 2% inflation target.

Jerome ‘Too Late’ Powell Expected to Cut Rates This Week– townhall.com

pgnewser September 17, 2025 0

Global Perspectives with Federal Reserve Chair Jerome Powell ...

Jerome ‘Too Late’ Powell Expected to Cut Rates This Week– townhall.com
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Excerpt:

The Federal Reserve is poised to deliver its first rate cut of 2025 on Wednesday, even as policymakers weigh the inflationary impact of new tariffs and lackluster labor market data, according to Fox Business. The Federal Open Market Committee is expected to trim rates by 25 basis points, the first cut since December 2024, bringing the target range down to 4.00 to 4.25 percent. Markets have already priced in the move, with the CME FedWatch tool showing a 96 percent probability of a quarter-point cut with just 4 percent odds of a deeper half-point reduction.

Trump fails in bid to fire Lisa Cook as Federal Reserve independence clings on– fortune.com

pgnewser September 10, 2025 0

Trump fails in bid to fire Lisa Cook as Federal Reserve independence clings on– fortune.com
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Excerpt:

A federal court ruled Tuesday that embattled Federal Reserve Governor Lisa Cook can remain in her position while she fights President Donald Trump’s efforts to fire her.

The ruling, which will almost certainly be appealed, is a blow to the Trump administration’s efforts to assert more control over the traditionally independent Fed, which sets short-term interest rates to achieve its congressionally mandated goals of stable prices and maximum employment. Congress has also sought to insulate the Fed from day-to-day politics.

Trump said he was firing Cook on Aug. 25 over allegations raised by one of his appointees that she committed mortgage fraud related to two properties she purchased in 2021, before she joined the Fed. Cook is accused of saying two properties were “primary residences,” which could have resulted in lower down payments and mortgage rates than if either was designated a second home or investment property.

Cook’s lawyers argued that firing her was unlawful because presidents can only fire Fed governors “for cause,” which has typically meant inefficiency, neglect of duty or malfeasance while in office. They also said she was entitled to a hearing and a chance to respond to the charges before being fired, but was not provided either. Her lawsuit denied the charges but did not provide more details.