News

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.

Trump Just Got a Fresh Shot at Bending the Fed to His Will

A Biden appointee’s early departure offers the president potential help on interest rates—and a way to make life difficult ...

Fed’s Powell sticks with patient approach to rate cuts, brushing off Trump’s demands

The chair acknowledged that if the Fed cut its rate too soon, inflation could move higher, and if it cut too late, then the ...

Trump excluye al secretario del Tesoro de la lista de candidatos para presidir la Fed

El presidente Donald Trump dijo el martes que redujo a cuatro su lista de posibles candidatos para presidir la Reserva ...

Kugler’s sudden exit from Fed accelerates Powell succession planning: UBS

The unexpected resignation of Federal Reserve Governor Adriana Kugler on Friday has fast-tracked the search for a successor ...

Labor department’s data upset may have sealed the deal for a Fed interest rate cut

Until Friday, analysts had little confidence that the U.S. Federal Reserve was about to deliver an interest rate cut, but ...