News

Trump says Powell costs US $900B a year in interest by not cutting rates. Is he right?
President Trump says Fed rate cuts would save the government as much as $900 billion a year in interest payments on its debt.
The odds of a September Fed rate cut look high after June jobs report — but it may be a tough call for Powell
The Federal Reserve is likely to resume lowering interest rates in September, but it won’t be an easy call for the central ...
Trump weighing options for Powell's future. What if he won't leave?
The Fed chief has repeatedly declined to say whether he will step down when his four-year term as chair expires in May, or ...
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Trump Administration Searches for Powell's Successor
The Trump administration is actively seeking a replacement for Federal Reserve Chairman Jerome Powell this fall. Treasury ...
Top White House official urges Congress to probe Fed’s Jerome Powell over ‘deceptive’ testimony on ‘Palace of Versailles’ $2.5B HQ revamp
FHFA Director William Pulte demanded that Powell be probed by lawmakers and suggested he could even be fired by President Trump.
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 ...
Treasury Yields Drop to Lowest Level in Two Months Before Powell Speaks
US Treasury yields fell to the lowest level in two months before Federal Reserve Chair Jerome Powell speaks Tuesday, amid ...