Trump’s next Fed chair pick already comes with a credibility problem

Trump’s next Fed chair pick already comes with a credibility problem

The silhouette of a pedestrian is seen walking past the Marriner S. Eccles Federal Reserve building in Washington, D.C Andrew Harrer | Bloomberg | Getty Images If leading the Federal Reserve isn’t challenging enough, the next central bank chair faces an additional burden: credibility issues now that President Donald Trump …

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Why the Fed keeping rates higher for longer may not be such a bad thing

Why the Fed keeping rates higher for longer may not be such a bad thing

US Federal Reserve Board Chairman Jerome Powell arrives to testify at a House Financial Services Committee hearing on the “Federal Reserve’s Semi-Annual Monetary Policy Report,” on Capitol Hill in Washington, DC, March 6, 2024.  Mandel Ngan | Afp | Getty Images With the economy humming along and the stock market, …

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