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Trump did not elaborate on potential nominees to replace the central bank chief, whose term as chair ends in May 2026.
The US president is desperate to secure a higher rate of growth in the world's largest economy and is demanding the Federal Reserve get on board.
Some GOP senators criticized Powell, however, for characterizing tariffs as a potential driver of inflation. Sen. Pete ...
Federal Reserve Chair Jerome Powell made clear this week that he’s not ready to give in to demands by President Donald Trump to immediately cut U.S. interest rates. So what would convince him?
With the potential for interest rates to cool later this summer, here's what home equity borrowers should consider.