News

Federal Reserve Vacancy Opens Door for Trump to Shape the Central Bank's Future

Federal Reserve Governor Adriana Kugler announced her resignation last week, giving President Trump the opportunity to appoint a new member to the central bank's board.

Trump calls on the Federal Reserve board to take full control of the central bank from Powell

President Donald Trump is calling for the Federal Reserve’s board of governors to usurp the power of Fed Chair Jerome Powell.

Fed recap: Powell says no decision on September, must wait to see tariff impact on inflation

The central bank kept its target rate at a range of 4.25% to 4.50%, but two policymakers disagreed with the decision.

Have we seen Powell's last rate cut as Fed chair?

Federal Reserve Chair Jerome Powell made it clear on Wednesday that the resilient U.S. labor market is currently the primary ...

Powell Cites Inflation Risk as Fed Holds Interest Rates Steady

Federal Reserve Chair Jerome Powell said interest rates are in the right place to manage continued uncertainty around tariffs ...

Fed keeps rates unchanged — but two vote against Powell’s ‘wait-and-see’ approach

The central bank’s policy-setting Federal Open Market Committee maintained the benchmark rate between 4.25% and 4.5%, where ...

Tensions Between Trump and Powell at Tipping Point Ahead of Fed Meeting

President Trump wants lower interest rates, but Jerome H. Powell, the chair of the Federal Reserve, is not yet ready to ...

Biden-era appointees could stymie Trump's effort to reshape Fed

President Donald Trump's coming nomination of a new member of the Federal Reserve's Board of Governors will focus attention ...