News

Powell’s Last Stand: His Legacy and the Fed’s Independence Are on the Line at Jackson Hole

Federal Reserve Chair Jerome Powell will offer an economic outlook at the central bank’s annual symposium. The subtext of ...

Powell at Jackson Hole, Fed Minutes, Walmart Earnings: What to Watch Next Week

Next week's set-piece event is the Jackson Hole central-bank gathering in Wyoming, slated for Thursday through Saturday.

Trump calls on the Federal Reserve board to take full control of the central bank from Powell

President Donald Trump is calling for the Federal Reserve’s board of governors to usurp the power of Fed Chair Jerome Powell.

House Republican pushes bill to make it easier for Trump to fire Fed chair

Ga., plans to introduce his TOO LATE Act, which would change the Federal Reserve Act to give President Donald Trump more ...
KTVU FOX 22d

Trump says Fed chair search down to ‘three or four’ candidates, with announcement coming ‘a little bit early'

President Donald Trump said on Wednesday that he has narrowed down the list of candidates to replace Federal Reserve Chair ...

Fed Faces High Bar for Big Cuts Despite White House Pressure

The Federal Reserve is poised to lower interest rates in September. But signs of stickier inflation could limit how much ...

Treasury Secretary Scott Bessent pushes back on claims he’s pressuring the Fed to slash rates

Treasury Secretary Scott Bessent clarifies he's not directing the Fed after suggesting neutral interest rates should be 150 ...

Fed more hamstrung by murky data than Trump interference

It's widely believed that U.S. President Donald Trump's insistence on lower interest rates is what's making life most ...