Economists disagree, financial markets do not care, the public are fickle and the Supreme Court is not to be trusted
Central bank governor makes first public remarks since Donald Trump’s move to fire her
Two regional central bank presidents say they would have kept interest rates on hold this week
Fed rate-setters are split on what should come next
US central bank could begin net purchases of Treasuries early in 2026
Proposal highlights Trump administration’s push to deregulate financial industry
Also in today’s newsletter, does Trump need to win back younger voters before the midterms?
Nearly neutral
Meta and Microsoft had mixed earnings reports, the Federal Reserve cut interest rate…
Central bank says it will halt quantitative tightening programme amid signs of stress in money markets
Fed cuts rates and ends quantitative tightening while casting doubt on further easing
Economists warn hit to government spending risks doing lasting damage to GDP
Treasury secretary Scott Bessent has a shortlist of five candidates vying to replace Jay Powell
US president expected to name successor to Jay Powell by Christmas
It is a good thing that markets no longer hang on the US central bank’s every word
US central bank to begin debate on halting three-year phase of shrinking its balance sheet
Abundant reserves —> ample reserves —> adequate reserves —> 💥
The Fed will move lower this week despite lack of new data due to the government shutdown
US Treasury Secretary Bessent described preliminary trade talks as 'constructive'
Market Questions is the FT’s guide to the week ahead
Figure paves way for expected Federal Reserve rate cut next week
Changes are expected to make the exercise more transparent for the country’s biggest lenders
The government shutdown and US data drought will not stop the Federal Reserve from cutting on October 29
Consumer price inflation was 3% in September compared with 3.1% expected
yikes
