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Powell said when it comes to taking the interest on reserve power away, "there's an illusion that it would save money. That ...
Kevin Warsh, Kevin Hassett and Scott Bessent are among those under consideration as Trump evaluates their commitment to ...
Some GOP senators criticized Powell, however, for characterizing tariffs as a potential driver of inflation. Sen. Pete ...
President Donald Trump said he has three or four people in mind to succeed Federal Reserve Chair Jerome Powell when his term ...
The Trump administration's tariff plans may well just cause a one-time jump in prices, but the risk it could cause more ...
Federal Reserve Chair Jerome Powell on Wednesday pushed back against reports the central bank was spending money excessively ...
President Donald Trump stepped up attacks on his handpicked Federal Reserve chairman on Wednesday, claiming Jerome Powell has ...
Federal Reserve Chair Jerome Powell made clear this week that he’s not ready to give in to demands by President Donald Trump ...
The Fed remains in a holding pattern, keeping rates unchanged as inflation risks from tariffs and economic uncertainty ...
Cuts to the Bureau of Labor Statistics could be clouding jobs and inflation data, complicating the Fed's data-driven rate ...
Federal Reserve Chair Jerome Powell said a proposal to eliminate the interest paid to banks that deposit cash at the central ...
Trump is urging the Fed to cut rates to save the U.S. government money on its interest payments affixed to the vast national ...