News

Investors on edge as Trump keeps feud with Powell alive, fuels fears of Fed independence
With his attacks on Federal Reserve Chair Jerome Powell and plans to fire him, US President Donald Trump has rattled ...
Summers Warns of ‘Massive Inflation Psychology’ From Trump Rates
Former Treasury Secretary Lawrence Summers warned that President Donald Trump’s preference for the Federal Reserve’s interest ...
Public Broadcasting Service (PBS)2d
How an inflation uptick and Trump’s pressure complicate the Fed’s interest rate decision
A new report shows inflation has picked up and analysts believe the prices of many goods increased, in part, because of ...
Jerome Powell defends $2.5 billion Federal Reserve renovation project amid criticism from the Trump administration
Federal Reserve Chair Jerome Powell defended the bank's $2.5 billion headquarters renovation budget amid feud with Trump over ...
Korea JoongAng Daily on MSN3d
Why Trump's push for a 1 percent Fed policy rate could spell trouble for U.S. economy
A Fed policy rate that low is not typically a sign that the United States is the "hottest" country in the world for ...
Fed's Daly says 'reasonable' to expect two rate cuts before end of 2025
San Francisco Federal Reserve President Mary Daly reiterated on Thursday it is "reasonable" to expect two interest rate cuts ...
Donald Trump’s escalating attacks on Federal Reserve unnerve investors
US president’s offensive against Jay Powell has prompted swings in the dollar and lifted long-term inflation expectations ...
Trump keeps everyone guessing on Powell's fate
The president floated the idea of firing the Fed chief to lawmakers, then said such a move was "very unlikely." ...