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Federal Reserve Board

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auto-detected in 12 stories

3 months ago

Two lower federal courts have blocked President Trump from removing Lisa Cook as a governor of the Federal Reserve Board.

5 months ago

President Trump has asked the Supreme Court to lift a lower court order blocking him from removing Lisa Cook from the Federal Reserve Board of Governors.
The Supreme Court is likely to have the final say on whether President Donald Trump had legal cause to remove Lisa Cook from the Federal Reserve Board.

6 months ago

The Supreme Court is likely to resolve the question of whether President Trump had legal cause to remove the Federal Reserve Board member.
President Trump pointed to allegations of mortgage fraud by Lisa Cook in saying she was fired as a governor of the Federal Reserve Board.
Abbe Lowell, a lawyer for Lisa Cook, says that President Trump's move to remove her as a Federal Reserve Board governor is "illegal."
From Goldman:
On net, we boosted our Q3 GDP tracking estimate by 0.2pp to +1.4% (quarter-over-quarter annualized) and our Q3 domestic final sales estimate by 0.3pp to +0.2%. We left our past quarter …

11 months ago

NOTE: An update to the gold adjusted GDPNow will be released on March 26th. Based on the previous adjustment, it appears GDPNow (adjusted) is slightly positive for Q1. (For more on the gold adjustme…

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