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 ...
After three rate cuts last year, the Fed is playing it cautious. Fed Chair Jerome Powell pointed to solid economic growth, a stable job market, and inflation that's easing but still a little high.
Fed Chair Jerome Powell, who offers his semiannual testimony to lawmakers on Tuesday and Wednesday, will likely highlight the resilient economy as a key reason central bankers are in no rush to ...
The lack of clarity on President Donald Trump's tariff policies is a key concern for the US Fed. The US Federal Reserve is adopting a cautious stance on potential economic disruptions stemming ...
Donald Trump, accused the US Fed and Chair Jerome Powell of failing to control inflation. US Federal Reserve Chair Jerome Powell reaffirmed the central bank’s independence on Wednesday ...
Well, it is now here. The battle for authority between President Donald Trump and the Chairman of the Board of Governors of the Federal Reserve System, Jerome Powell, has now begun. As expected by ...
By Colby Smith Listen to our interview with Jerome Powell. By Andrew Ross SorkinEvan RobertsDan PowellKelly PiekloZachary Mouton and Sarah Kessler Rates may not come down as much or as quickly ...
And yet Federal Open Market Committee Chairman Jerome Powell says he hasn’t had any contact with the new occupant of the White House. Even before President Donald Trump got the keys to the White ...
When pressed by a CNBC reporter, Jerome Powell said he’s “had no contact” with President Trump since those comments were made last week. “The public should be confident that we will continue to do our ...
Now, as one legendary bitcoin trader warns of a looming “financial crisis,” Federal Reserve chair Jerome Powell has flung the door open for Wall Street to further adopt bitcoin and crypto.
And so far, the Federal Reserve and its chair, Jerome Powell, appear to be falling in line with the president. After Trump issued an executive order on Jan. 20 ending DEI programs across the ...
Rumours emerged immediately that Trump might fire the Fed’s chair Jerome Powell or try to gain direct control over interest rate decisions. Powell reacted by saying both actions would be illegal.