U.S. President Donald Trump said he has decided on his pick for the next Federal Reserve chair, without naming his choice, after making clear he expects his nominee to deliver interest-rate cuts. https://www.japantimes.co.jp/business/2025/12/01/markets/trump-choice-federal-reserve/?utm_medium=Social&utm_source=mastodon #business #markets #us #donaldtrump #federalreserve #jeromepowell
The annual rate of #inflation was 3% in Sept—almost exactly the same as it was on Inauguration Day.
Trump’s failure was predictable. #Prices almost never fall across the entire #economy. When they do, it tends to be because of a crisis, such as the #GreatDepression. Trump is responsible for misleading people. But he has not merely failed to keep an impossible promise. Trump has pursued policies, starting with #tariffs, that are making the problem worse by making life in the #US less #affordable.
One way to see the impact is to track #inflation over the past year. As the effects of the pandemic have worn off, the pace of price increases declined from an annual rate of 3% in January to 2.3% in April. Then, as #Trump’s policies started to take effect, inflation rebounded to 3%. “In some ways, this administration could have come in & done nothing & made progress on inflation,” said Claudia Sahm, a longtime #FederalReserve economist who now works at New Century Advisors, an investment firm.
"In this video, The Intellectualist examines whether #economicinequality in the #US today is worse than pre-revolutionary #France. Using #FederalReserve, #CBO data, & #economic #history, we reveal a shocking answer: the #wealth gap in America is worse."
https://www.youtube.com/watch?v=0uXYPa3WX3g
#Politics #Democrats #Republicans #Liberals #Conservatives #Vote #Election #DemocraticParty #RepublicanParty #DonaldTrump #Trump #JDVance #JoeBiden #Biden #KamalaHarris #TimWalz #Democracy #USA #Musk #Fascism #Fascist
Hey y’all, I don’t want to scare anyone, but... the #FederalReserve just made a huge move and it’s not getting any news attention.
It quietly injected $29.4 billion into the banking system. The largest liquidity boost in more than five years. Official data from FRED confirms it. The operation happened on October 31, 2025, through overnight repos — short-term loans where banks trade Treasuries for cash.
It’s payday loans for banks, for all intents and purposes.
It’s a signal the system is under real pressure. U.S. bank reserves have crashed to $2.8 trillion, a four-year low. The sharpest drop since 2020. Thats bad. That’s keep some cash handy bad.
#SCOTUS’ 6 conservative justices have so far been receptive to Trump’s claims of #PresidentialPower. Among other things, they have allowed the admin to withhold funds appropriated by #Congress, kick #transgender troops out of the #military & pursue aggressive #immigration-related policies—but all on a “temporary”, “emergency” basis.
The #tariffs case is the first time the justices have weighed the underlying legal merits of a key admin priority in Trump’s 2nd term.
Other such cases are on the horizon. Next month, #SCOTUS will consider #Trump’s efforts to seize control of #independent agencies. And in January, the justices will weigh his attempt to remove a member of the #FederalReserve Board. The admin has also asked them to consider the legality of the president’s executive order ending #BirthrightCitizenship.
#law #PartisanCourt #ActivistCourt #AbuseOfPower #tariffs #economy
Federal Reserve Chair Jerome Powell said the U.S. central bank following its second straight interest-rate cut with another in December is "not a foregone conclusion." https://www.japantimes.co.jp/business/2025/10/30/economy/fed-rates-powell-december/?utm_medium=Social&utm_source=mastodon #business #economy #federalreserve #jeromepowell #us #economy #markets #economicindicators
A slate of economists from across the political spectrum urged the U.S. Supreme Court to overturn most of U.S. President Donald Trump’s tariffs, saying they’re based on misconceptions about the global economy. https://www.japantimes.co.jp/business/2025/10/25/economy/trump-tariffs-supreme-court-panned/?utm_medium=Social&utm_source=mastodon #business #economy #us #supremecourt #janetyellen #benbernanke #federalreserve #donaldtrump #globaleconomy #tariffs #trade
more data on those “52 million americans” who congressional #dems think are using #crypto but actually aren’t: according to the atlanta federal reserve crypto ownership declined once again to 7.7% of adults in 2024 from its peak of 9.6% in 2022.
that 7.7% number includes people speculating on bitcoin via ETFs etc which is hardly “usage”. less than 2% of americans actually “use” crypto for anything (and a lot of that is probably just bros buying NFTs).
#uspol #uspolitics #federalreserve #economics #econfedi #econ #finance #democrats #Blockchain8 #cryptocurrency #blockchain
Fascinating history of the newspaper's 140 years. The paper led a successful crusade against a burgeoning KKK in the early 20th century. It brought the Fed too!
The Dallas Morning News turns 140! 📰
Texas’ oldest business publishes 51,135th consecutive edition.
https://www.dallasnews.com/business/local-companies/2025/10/01/the-dallas-morning-news-turns-140/
#Journalism #Newspaper #Texas #Dallas #CherylHall #USA #Galveston #FederalReserve #WFAA #JFK #Pulitzer #Braniff #Sports #ComicPageHeist #RockOfTruth #DallasMorningNews
more data on those “52 million americans” who congressional #dems think are using #crypto but actually aren’t: according to the atlanta federal reserve crypto ownership declined once again to 7.7% of adults in 2024 from its peak of 9.6% in 2022.
that 7.7% number includes people speculating on bitcoin via ETFs etc which is hardly “usage”. less than 2% of americans actually “use” crypto for anything (and a lot of that is probably just bros buying NFTs).
#uspol #uspolitics #federalreserve #economics #econfedi #econ #finance #democrats #Blockchain8 #cryptocurrency #blockchain
Embattled Federal Reserve Gov. Lisa Cook will remain for now as the U.S. Supreme Court refuses to allow President Donald Trump to immediately oust her, easing pressure on the central bank after months of criticism. https://www.japantimes.co.jp/business/2025/10/02/lisa-cook-supreme-court/?utm_medium=Social&utm_source=mastodon #business #us #federalreserve #lisacook #donaldtrump
Fascinating history of the newspaper's 140 years. The paper led a successful crusade against a burgeoning KKK in the early 20th century. It brought the Fed too!
The Dallas Morning News turns 140! 📰
Texas’ oldest business publishes 51,135th consecutive edition.
https://www.dallasnews.com/business/local-companies/2025/10/01/the-dallas-morning-news-turns-140/
#Journalism #Newspaper #Texas #Dallas #CherylHall #USA #Galveston #FederalReserve #WFAA #JFK #Pulitzer #Braniff #Sports #ComicPageHeist #RockOfTruth #DallasMorningNews
A bipartisan group of former Treasury secretaries, Federal Reserve chairs and other experts urged the U.S. Supreme Court not to let President Donald Trump fire Fed Gov. Lisa Cook. https://www.japantimes.co.jp/business/2025/09/26/economy/fed-independence-legal-battle/?utm_medium=Social&utm_source=mastodon #business #economy #federalreserve #economicindicators #us #lisacook #donaldtrump
Federal Reserve Chair Jerome Powell rallied a deeply divided committee of policymakers behind an interest rate-cut. https://www.japantimes.co.jp/business/2025/09/18/markets/powell-fed-economic-political-risks/?utm_medium=Social&utm_source=mastodon #business #markets #us #federalreserve #jeromepowell #economicindicators
Federal Reserve officials lowered their benchmark interest rate by a quarter percentage point and penciled in two more reductions this year following months of intense pressure from the White House. https://www.japantimes.co.jp/business/2025/09/18/economy/fed-rate-cut-powell-jobs/?utm_medium=Social&utm_source=mastodon #business #economy #us #federalreserve #jobs #jeromepowell
A U.S. appeals court declined on Monday to allow Donald Trump to fire Federal Reserve Gov. Lisa Cook — the first time a president has pursued such action since the central bank's founding in 1913. https://www.japantimes.co.jp/business/2025/09/16/economy/court-ruling-fed-lisa-cook/?utm_medium=Social&utm_source=mastodon #business #economy #us #federalreserve#lisacook #donaldtrump
U.S. President Donald Trump's choice for a key role at the Federal Reserve was narrowly confirmed by the Senate, as the clock ticks down to the central bank's next policy meeting. https://www.japantimes.co.jp/business/2025/09/16/markets/us-senate-trump-aide-fed-rate/?utm_medium=Social&utm_source=mastodon #business #markets #us #donaldtrump #trade #tariffs #republicans #federalreserve#lisacook#stephenmiran #jeromepowell
Tokyo stocks continue to rally, with the Nikkei 225 stock index on Tuesday breaking 45,000 for the first time ever, as hopes for a rate cut in the U.S. boost sentiment. https://www.japantimes.co.jp/business/2025/09/16/markets/nikkei-45000-record/?utm_medium=Social&utm_source=mastodon #business #markets #nikkei #stocks #tse #federalreserve
A federal court ruled Tues that #FederalReserve Governor #LisaCook can remain in her position while she fights Trump’s efforts to fire her.
The ruling, which will be appealed, is a blow to the #Trump admin’s efforts to assert more #control over the traditionally #independent#Fed, which sets interest rates to achieve its congressionally mandated goals of stable #prices & maximum #employment. #Congress has also sought to insulate the Fed from #politics.
#law #economy
https://apnews.com/article/federal-reserve-governor-lisa-cook-trump-firing-651fcf0637cf14901bbd559df00c856b?utm_source=onesignal&utm_medium=push&utm_campaign=2025-09-09-Breaking+News