News

As Powell explained, the Fed is grappling with conflicting information and heightened uncertainty. Economic growth has slowed ...
Despite President Trump ramping up pressure on Federal Reserve Chair Jerome Powell to cut interest rates, the Fed held rates steady at 4.25% to 4.5% on July 30. Trump has been insistent on a major cut ...
The Federal Reserve resisted pressure from the White House last week and left its policy rate unchanged. It was the right decision. As Chair Jerome Powell acknowledged, the case for a cut was a ...
Global equities rose on Thursday, with Japanese shares hitting a record high, as upbeat earnings, growing hopes for a ...
Last week's surprise exit announcement by Biden nominee Adriana Kugler gives the president a sooner-than-expected opportunity ...
President Donald Trump's coming nomination of a new member of the Federal Reserve's Board of Governors will focus attention ...
President Donald Trump is planning to meet with advisers today about an unexpected open seat on the Federal Reserve Board, according to a person familiar with the matter.
Amid this pressure, Mohamed El-Erian is calling on Federal Reserve chair Jerome Powell to call it quits — becoming one of the ...
The full story is more complicated. Trump is broadly right on the question of how much leverage the need for foreign access ...
The President ruled out Treasury Secretary Scott Bessent to succeed Jerome Powell but said there are four others on his list.
In other words, there was no urgency to alter course. At the Fed’s next policy meeting, six weeks from now, things should be clearer.
European shares rose Wednesday as earnings proved resilient to the tariff tumult of the second-quarter, even as another cliff-edge for U.S. levies loomed . The STOXX Europe 600 was on course for its ...