News

Trump did not name his potential replacements for the central banker nor did he lay out a timeline for a decision. Powell’s ...
US President considers naming successor months ahead of Powell’s term end amid frustration over slow pace of rate cuts.
U.S. stocks have recovered nearly all the losses from April’s lows with the S&P 500 and Nasdaq Composite just shy of new ...
The Federal Reserve is unwilling to lower interest rates because "there will be some inflation from tariffs coming," Jerome ...
Kevin Warsh, Kevin Hassett and Scott Bessent are among those under consideration as Trump evaluates their commitment to ...
Powell said when it comes to taking the interest on reserve power away, "there's an illusion that it would save money. That ...
U.S. stocks hung near their all-time high as financial markets caught a breath following two big days bolstered by hopes that ...
The Trump administration's tariff plans may well just cause a one-time jump in prices, but the risk it could cause more ...
This disappointed many Americans, including President Donald Trump, who has been slamming Powell with a vast variety of vile ...
Live Updates Live Coverage Updates appear automatically as they are published. Rate Cut Horizon 9:48 am by Gerelyn Terzo While Fed Chairman Jerome Powell has been avoiding interest rate cuts at all ...
Federal Reserve Chair Jerome Powell made clear this week that he’s not ready to give in to demands by President Donald Trump to immediately cut U.S. interest rates. So what would convince him?
Some GOP senators criticized Powell, however, for characterizing tariffs as a potential driver of inflation. Sen. Pete ...