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.
Strategists see a clear hedge against the potential for a Fed chair ousting.
Almost daily attacks on Fed chair are spilling over into markets.
Treasuries advanced, with the 10-year yield down one basis point.
“We should not wait until the labor market deteriorates,” says Fed governor.
The once-prized bonds fell from favor earlier this year, but they're back in demand as debt issued by elite colleges look increasingly like bargains.
The market reaction was muted following earlier reports of the president taking steps against the Fed chair soon in a closed-door meeting with Republicans.
Despite a positive US market outlook, analysts at the alternative giant counselled increased international exposure as bigger deficits and geopolitical uncertainty take hold.
Treasury secretary is in the right job but could replace Powell.
Initial early gains following the June data were reversed as pass-through effects from tariffs stoke concerns.
Kevin Warsh, who sat as a governor for five years spanning the 2008 financial crisis, has since become a frequent critic of the central bank.
The latest federal data show the CPI increasing 2.7% over the previous 12 months, outpacing the 2.4% May figure and raising questions around the impact of trade uncertainty.
