Federal Reserve Chair Jerome Powell has steered the world’s most powerful central bank during a tumultuous period for the US economy, from the pandemic to a historic bout of inflation shortly after.
The abrupt departure of a top official ensures that questions about the president's ability to chip away at the Fed’s prized ...
Trump hasn’t even been sworn into office yet and he’s already locking horns with Fed chair Jerome Powell on interest rates.
Michael Barr oversaw an attempt to rewrite financial regulations that came under attack from a wide range of groups, ...
Ahead of Donald Trump taking office, Federal Reserve's top banking regulator has resigned from his role as vice chair of ...
The Federal Open Market Committee is highly likely to hold interest rates at their current level at their next meeting, but ...
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The most recent economic data released point to inflation and interest rates remaining higher for longer.
The United States central banking system, the Federal Reserve, is less likely to cut rates this month during its regularly ...
Economists are very interested in Bessent's views on Federal Reserve independence. Before the election, Bessent floated the idea of a "shadow Fed chair" where Trump would select a replacement for Fed ...
That said, Trump has also expressed an interest in having “at least a say” in monetary policy. Then again, in the same hour on Tuesday, Trump also called for the U.S. to absorb Canada, seize the ...