FOMC

Federal Reserve Chairman Jerome Powell’s job is safe for now, according to Larry Kudlow, top economic adviser to President Donald Trump.

The market will look for clues about monetary policy when Fed Chair Jerome Powell testifies before Congressional panels this week.

Consumers see inflation rising 2.7% in the next three years and expect the Fed to cut rates, according to the Federal Reserve Bank of New York’s June Survey of Consumer Expectations.

The Federal Reserve reiterated its openness to cutting interest rates to extend the longest U.S. economic expansion on record while noting that the pace of growth had slowed in the second quarter of 2019.

The Federal Reserve should reduce interest rates even though the economy is strong and the latest payrolls report was positive, said Larry Kudlow.

After a string of proposed candidates who didn’t pan out, Trump picks new Fed nominees.

The dot plot showed the Federal Open Market Committee evenly split between cutting and holding rates, but it's not clear whose dots are whose.

The U.S. and China are again attempting to work out trade differences, and manufacturing numbers show somewhat weaker expansion. Will this be enough to spur the Federal Reserve to lower interest rates later this month?

If data remain mixed before the next FOMC meeting, Federal Reserve Bank of San Francisco President Mary C. Daly said a rate cut would be “something to think about.”

Federal Reserve Bank of St. Louis President James Bullard said President Donald Trump’s White House has had “exploratory discussions’’ with him about taking a job as a Federal Reserve governor, adding he was not planning to leave his current job.