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GOP Senator Falls for Obviously Fake Resignation Letter From Powell
Who, by Homan’s lights, is responsible for the rhetoric (and, in turn, the violence)? “I specifically mean members of Congress,” he said.…
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Powell
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Trump Team Sabotaged Fed Renovation as Trump Started War With Powell
President Trump’s followers offered a measly defense against The Wall Street Journal’s exposé of the president’s close relationship with…
News
Trump Whines About Person Who Appointed Powell, Forgetting It Was Him
Donald Trump started his Tuesday morning with a stark warning to his MAGA followers still interested in the Jeffrey Epstein case: Anyone…
News
Trump Rips Jerome Powell as Feud Shows No Sign of Cooling Down
Donald Trump said that Homeland Security Secretary Kristi Noem’s disastrous response to the deadly flooding in Texas was good, actually,…
Culture
White House slams Powell over Fed finances, project cost overruns
THE White House on Thursday launched a fresh attack on Federal Reserve Chair Jerome Powell, with a top Trump administration official…
Culture
Powell silence on his future complicates Trump Fed chair search
As US President Donald Trump and his advisers begin weighing replacements for Federal Reserve chair Jerome Powell, they are running into…
Culture
US Federal Reserve’s Powell says tariff-driven inflation remains a big question
US Federal Reserve chair Jerome Powell on Wednesday (Jun 25) said the US central bank is still struggling to determine the impact of…
Culture
Trump says he may change his mind about firing Fed chair Powell
US President Donald Trump on Friday (Jun 20) again floated the idea of firing Jerome Powell, the Federal Reserve chair he has long…
Culture
Singapore stocks sink on Thursday after Powell signals higher inflation; STI down 0.7%
Local shares fell for a second consecutive session on Thursday (Jun 19), after US Federal Reserve chair Jerome Powell warned of…
News
The Fed Could Be on Hold Until September, Economists Say
More than 20 times during a roughly 45-minute news conference on Wednesday, Jerome H. Powell, the chair of the Federal Reserve, referenced…
News
What to know about the Fed’s decision.
The Federal Reserve left interest rates unchanged for a third meeting in a row on Wednesday, as officials stuck to a wait-and-see approach…
News
The bond market is in focus as Trump and his advisers push for lower rates.
The Federal Reserve left interest rates unchanged for a third meeting in a row on Wednesday, as officials stuck to a wait-and-see approach…
Culture
Investors still harbour hope of Fed’s Powell giving a rate-cut the thumbs up
THE S&P 500 plunged into a bear market in April, then staged an epic recovery, and now the US Federal Reserve will reveal which was the…
News
Trump Tests Fed’s Independence With Order Expanding Authority Over Agencies
The Federal Reserve’s independence from the White House has long been enshrined in the law. But an executive order that President Trump…
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A Trump DOGE Dividend Could Raise Inflation
DealBook’s Lauren Hirsch is in Miami Beach at the FII Priority conference, where President Trump floated the idea of sending Americans a…
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Donald Trump’s Chicken-and-Egg Inflation Problem
Just in: Lawyers for Elon Musk said he’d withdraw his $97.4 billion bid for control of OpenAI if the company halted its efforts to become…
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Inflation Rises Unexpectedly, Keeping Fed Rate Cuts at Bay
U.S. inflation rose to 3 percent in January, strengthening the case for the Federal Reserve to extend a pause on interest rate cuts. The…
News
Fed Chair Faces Lawmakers at a Critical Juncture
When Jerome H. Powell, chair of the Federal Reserve, last testified in front of Congress in July, he hailed the “considerable progress”…
News
Solid Labor Market Gives Fed Cover to Extend Rate Pause
Less than six months ago, Federal Reserve officials were wringing their hands about the state of the labor market. No major cracks had…
News
Trump’s Executive Orders Leave Imprint on the Fed
President Trump has so far restrained himself from trying to meddle with the Federal Reserve on matters related to monetary policy during…
News
Fed Meeting Live Updates: Interest Rates Remain Steady
The Federal Reserve left interest rates unchanged on Wednesday, as the central bank turned cautious on further cuts amid a sturdy economy…
News
Rate-Cut Decision Was Narrow, Fed Minutes Show
Federal Reserve officials cut interest rates as expected last month. But minutes from their December meeting suggest that the decision was…
Fashion
Ahead of Fed’s final meeting of 2024, all eyes on the gifts that Powell might dole out
LAST Christmas, the US Federal Reserve gave the stock market a change of heart. This year, to save economists from tears, the central bank…
Fashion
Fed’s Powell expects good relations with Trump administration
US Federal Reserve chair Jerome Powell downplayed the prospects of tension with the incoming Trump administration and said he expects…