News

As Trump ramps up attacks on the Federal Reserve, Chair Powell refuses to change course
“The board just sits there and watches, so they are equally to blame,” Trump said. The attack on the board ratchets up ...
Federal Reserve chair sends strong message on July interest rate cut
Federal Reserve Chair Jerome Powell on July 1 told a global audience of world bankers, economists, and academics what could ...
Powell stands by ‘wait and see’ stance with Trump ramping up attacks on the Federal Reserve
Federal Reserve Chair Jerome Powell is sticking to his position that the central bank will keep its key rate on hold while it ...
The Financial Express2h
Which two candidates are most likely to succeed Powell as head of the US Federal Reserve?
President Trump plans to name a successor to Jerome Powell, who ends his term as Fed chair in May 2026. Two contenders have ...
US Treasury chief says he thinks Fed could lower interest rates by September
U.S. Treasury Secretary Scott Bessent said on Tuesday he believes the Federal Reserve could lower interest rates by September ...
Analysis shows Trump's tariffs would cost US employers $82.3 billion
An analysis finds a critical group of U.S. employers would face a direct cost of $82.3 billion from President Donald Trump’s ...
U.S. dollar to stay under pressure from tariff, debt and rate cut expectations: Reuters poll
The U.S. dollar will remain weak over the coming months, a Reuters poll of FX analysts forecast, caught in a tangle of mounting U.S. debt concerns, erratic tariff policies and rising interest rate cut ...
Powell Cites Solid Economy in Keeping Wait-and-See Stance on Rates
Federal Reserve officials are trying to assess how tariff increases will reshape the outlook for the U.S. economy and ...
Federal Reserve's Interest Rate Decisions Could Hinge on Tariffs, Chair Powell Says
Federal Reserve Chair Jerome Powell said the central bank would have likely already moved to lower borrowing costs if it weren't for worries that tariffs would drive up inflation.