Fed Chair Jerome Powell Faces Trump's Pressure: 'The President Can't Fire Me' As Interest Rates Hold Steady At 4.25%-4.5%
The Federal Reserve just held interest rates steady at 4.25% to 4.5% in its latest policy meeting on Jan. 29. No surprises here—investors saw that coming, especially with inflation cooling and job ...
Fed Chair Jerome Powell under pressure from Donald Trump; can the President fire him as interest rates hold steady at 4.25%-4.5%?
The Federal Reserve kept interest rates steady at 4.25% to 4.5%, despite US president Trump's call for deeper cuts. Trump has ...
With US tariffs looming, should YOU invest in gold?
Against this background, Bank of America forecasts that gold will reach $3,000 this year, as the US deficit continues to ...
US Treasury Secretary Bessent: We aren't focused on whether the Fed will cut
There's a lot of misinformation about DOGE and the Treasury. There are 2 Treasury officials, no tinkering. DOGE has absolutely not had the power to change the system.
Broadcom and 9 More Stocks That Gain From Alphabet’s Big Investments
Shareholders of Google’s parent company aren’t happy about its plans for enormous investments this year, but a host of other businesses will directly benefit.
'How do I shield my retirement savings?' I'm worried about Trump's trade war and Fed's willingness to cut interest rates
OK, good luck interpreting that in a way that gives you the answer that you need. In the meantime, know that the stock market ...
Bank of England cuts interest rates to 4.5% and slashes UK growth forecast
The Bank says the UK economy will grow by 0.75% in 2025, down from a previous forecast of 1.5%, while inflation is expected to rise.
Solid January Jobs Report Plays Into the Fed’s Pause
After a solid January jobs report, more traders are betting that the Fed’s rate-cut pause might not be so brief.
Bessent on Powell: ‘I’m sure he’s going to do the right thing’
Treasury Secretary Scott Bessent said Thursday he wouldn’t be commenting on the Federal Reserve’s interest rate policies and expressed confidence in Fed Chair Jerome Powell, breaking from ...
Fed Chair Powell to testify to Congress next week, his first appearance since July
Powell is set to testify before the Senate Banking Committee on Tuesday at 10 a.m. Eastern and to the House Financial ...