JPMorgan Chase CEO Jamie Dimon is unsurprised by President Trump’s push for lower inflation and interest rates—but warns that ...

Actions of the central bank can be mistaken. But long history shows that no matter the party, presidents often push for ...

In 2020, the Court ruled in a 5-4 decision that Trump had the power to fire the head of the Consumer Financial Protection Bureau, which he has now essentially shuttered, and that Humphrey’s “for cause ...

Federal Reserve Chair Jerome Powell testified before the ... Homes along Pacific Coast Highway are seen burn out from the Palisades Fire, Sunday, Jan. 12, 2025, in Malibu, Calif.

During the campaign, he routinely harped on the elevated cost of eggs and bacon and argued that his predecessor Joe Biden — together with Federal Reserve Chair Jerome Powell — had enabled an ...

Fed Chair Jerome Powell said this week he feels ... (Reporting by Ann Saphir with reporting by Lucia Mutikani, Howard Schneider, Dan Burns; Editing by Chizu Nomiyama) ...

Yet both measures have largely become stuck at the levels reached last summer, when a retreat in inflation largely stalled ...

Perhaps Powell has made the same mistake Fed Chair Arthur Burns made in the 1970s before Fed Chair Paul Volker finally raised rates high enough to crush inflationary psychology. Inflation is ...

The Trump administration wants a judicial showdown over independent agencies. The history is muddled—and the consequences ...

That presents a big challenge to Powell, who "doesn't want to be remembered as the next Arthur Burns, the Fed Chair during the mid-1970s stagflation," said Harrison. There is "anxiety among ...