"A few participants noted a weakening in housing demand, with increased availability of homes for sale and falling house prices."

Donald Trump seems ready to do anything to get lower interest rates. The Fed might offer a cut in September; however, be wary of anyone’s certainty past then.

Powell struck a neutral tone at Jackson Hole, but sticky inflation and market dynamics suggest long-term yields may rise. Find out why the bond market holds control.

Fed Chair Jerome Powell gave his keynote speech yesterday morning, as he always does at this symposium, but even as he spoke the onslaught continued: President Trump told reporters he would fire Fed board member Lisa Cook if she does not resign (she has faced allegations of criminal mortgage fraud from housing finance regulator Bill Pulte ).

Trump ratcheted up his pressure campaign this week, calling on Fed Governor Lisa Cook to resign after a Trump administration official alleged that she had committed mortgage fraud. Cook rebuked the push for her to quit, saying she has “no intention of being bullied to step down from my position because of some questions raised in a tweet.”

Harvard economist Kenneth Rogoff has admitted he got bitcoin and crypto wrong ten years ago, warning a coming dollar “crisis" could propel crypto

FOMC opted to leave its target range unchanged at 4.25%–4.50%, fresh details from the July meeting shed light on why policymakers are growing uneasy.

President Trump said he would fire Lisa Cook, a Federal Reserve governor, if she did not resign. But his ability to fire a Fed governor is limited.