News

What’s holding up interest rate cuts by the Federal Reserve?
Right now, inflation is still hovering just above the Federal Reserve’s target and data is mixed. That’s why Fed Chair Jerome ...
Fed's rate-cut delay intact as inflation fears override Trump pressure
The case for a U.S. interest rate cut remains unresolved as Federal Reserve officials head into their policy meeting later ...
Fed holds off on rate cuts as inflation risks outweigh Trump pressure
On Friday the president repeated his criticism of Powell and said the Fed's policy rate should be 1 per cent, a low level ...
Does Trump have the authority to fire Fed chair Powell?
The president may try to terminate the Fed chair’s tenure early. But whether Trump has the ability to do so isn’t clear.
Don’t do it, Don! Investors make clear why Trump shouldn’t try to fire Fed Chairman Jerome Powell
The White House leaks constituted a strategic trial balloon to see how terminating the Federal Reserve chairman would be ...
Look at Turkey if you want to know why markets hate the idea of Trump messing with the Fed
"I certainly think there are lessons to be learned there that the administration should be aware of," said Morningstar Wealth ...
Wall Street Hates the Idea of a ‘Shadow’ Fed Chair. It May Already Have One
The Federal Reserve may already have the so-called shadow chairman that President Donald Trump has said he might soon appoint ...
Fed’s Waller says he’d serve as chair if Trump asked him
Fed governor Christopher Waller said Friday that he would be willing to replace Jerome Powell as the chair of the U.S. central bank if President Donald Trump asked him to take that position. "If the ...
From Urjit Patel's resignation to Trump-Powell feud, here's a look into govt-central bank clashes over the years
Donald Trump's past clashes with Fed Chair Jerome Powell over interest rates highlight the ongoing tension between political ...