The Latest Breaking News from Stephen Miran

The dollar index (DXY00 ) today is up by +0.07%. The dollar is posting modest gains today ahead of the results of today’s FOMC meeting. Weakness in stocks today is boosting some liquidity demand for the dollar. Gains in the dollar are muted after the US Aug housing starts and...

The US Federal Reserve is poised to make its first interest rate cut of 2025 on Wednesday, but it battles competing forces in the path forward -- with heightened political pressure and likely divisions among its ranks.

Markets will move on Wednesday after Wall Street parses Cook’s statement and his Q&A for clues about future rate cuts beyond Wednesday.

Trump failed to oust Fed Governor Lisa Cook and is unlikely to get the steep rate cut he demands, as Powell and the FOMC weigh weaker jobs data.

Tyler Robinson makes virtual court appearance charged with seven counts including aggravated murder; next court date set for 29 September

The White House campaign to unseat Cook marks an unprecedented bid to reshape the Fed’s seven-member governing board, which was designed to be largely independent from day-to-day politics.

The vote to confirm Stephen Miran was largely along party lines, 48-47.

Cook’s claim that she was denied due process has a ‘strong likelihood of success’, court rules

In a major setback for President Donald Trump, a U.S. Appeals Court for the District of Columbia denied an emergency motion to remove Federal Reserve Governor Lisa Cook, allowing her to participate in this week’s Federal Open Market Committee meeting.