Fed could get new policy hawk who would love to remould the bank.
Sources say advisors to POTUS are impressed with the Federal Reserve governor's record and willingness to set policy based on forecasts rather than current data.
Last week's surprise exit announcement by Biden nominee Adriana Kugler gives the president a sooner-than-expected opportunity to shape a more rate cut-friendly central bank board.
Signs of a faltering American economy and growing support for easier policy rates at the Fed are swaying fixed-income investors.
Low active success rates highlight the need for selectivity, report says.
Hank Paulson and Timothy Geithner, whose terms coincided with the global financial crisis, are sounding fresh alarms on the country's current "unsustainable" fiscal path.
Frenzy of buying halted sell-offs in bond market on weak labor report.
Tariff shocks and a weak July jobs report triggered an inauspicious start to August, sparking volatility across the equity and bond markets.
The junk debt market is looking hot for the summer as a drought in buyouts and demand for floating-rate debt work in issuers' favor.
Hiring slows in July as downward revisions and rising unemployment rate strengthen the case for a Federal Reserve rate cut.
Employment data is released Friday which could signal next move.
President Donald Trump, Treasury Secretary Scott Bessent, and two Federal Reserve governors have all raised concerns questioning the central bank's leadership.
President Donald Trump hails "way better than expected" economic growth, though underlying signals point to softening demand.
Surging delinquencies on such consumer debt, as well as problems in the housing market, raise the stakes for the Fed's next move on interest rates.
Wealth managers weigh in on their fixed income positioning ahead of this week's FOMC meeting.
With supply expected to stay elevated to the end of the year, muni performance could dip further amid "a game of hot potato" between broker-dealers and retail investors.
Proceeds from the sale will be remitted out of China to be used offshore.
But agreements that would reduce rates are still possible.
President Donald Trump's call to force rates down 300 basis points would produce far less than his hoped-for $1 trillion in savings, analysts say.
One of the favorites to replace the Fed chair offered tempered support amid continued attacks from President Trump and scrutiny from Republicans.
