In an absolutely extraordinary moment the central bank’s governors vow to re-elect Jerome Powell chairman of our central bank ...
Two days after Donald Trump became the first American since Grover Cleveland to win nonconsecutive presidential elections, the Federal Reserve announced a ...
Trump has repeatedly argued that he does not agree with Jerome Powell. Will he try to remove him from the Federal Reserve?
Trump weighed ousting Powell in 2018, but the Fed chief told then-Treasury Secretary Steven Mnuchin that he would fight his ...
Key readings on inflation for October will show whether the trend toward a lower rate of price increases will continue.
Jerome Powell was prepared to go to court when the president floated his dismissal six years ago. If it happens again, the ...
The Federal Reserve on Thursday announced it will cut the benchmark interest rate by 25 basis points, with its second consecutive rate cut coming amid signs of cooling inflation.
Following Trump’s win as US President, equity markets surged to record highs, fueled by investor optimism, while bond yields ...
Goss anticipates another rate cut in December to follow the one that happened on Thursday. "When the federal government runs ...
WASHINGTON — Federal Reserve Chairman Jerome Powell said Thursday he would not resign if requested by President-elect Donald Trump in a potential dispute over constitutional authority. The Federal ...
Federal Reserve Chair Jerome Powell said he would not resign from his role if asked to do so by a re-elected Donald Trump, following the Fed’s decision Thursday to lower interest rates by a quarter ...