Fed governor Stephen Miran calls for large interest rate cuts, warning that current policy is "holding the economy back" and pushing unemployment higher.

With Hassett, Trump would have a close ally whom the president knows well and trusts installed at the independent central bank, the people said, speaking on the condition of anonymity. Hassett is seen as someone who would bring the president’s approach to interest-rate cutting to the Fed,

The Fed’s latest Beige Book points to weaker hiring, softer consumer spending, and moderate price pressures as policymakers weigh a potential year-end rate cut.

The San Francisco Federal Reserve warns that current tariffs are "unprecedented in magnitude" compared to 40 years of trade data, making economic predictions uncertain.

JPMorgan Chase & Co. expects the dollar to soften next year on easier US monetary and fiscal policy, but cautioned that accelerated bets on future interest-rates hikes could challenge that view.

Asian shares are set to end a tough November on steadier ground as revived hopes of an imminent U.S. rate cut helped soothe valuation jitters and sent Treasuries rallying for a fourth straight month.

The last piece of inflation data the Federal Reserve will see before its pivotal December meeting to debate another interest-rate cut showed just a mild increase in wholesale prices even before the government shutdown.

According to the Fed’s latest Beige Book, businesses are doing all of the above (and more) to try and avoid announcing mass layoffs. The result is that consumers are feeling less optimistic about their career options,

By Ankur Banerjee SINGAPORE (Reuters) -Asian stocks rose on Thursday and the dollar was soft on growing expectations of an interest rate cut from the Federal Reserve next month, while the yen remained on intervention watch,