The Fed’s prudent “wait-and-see” approach has the White House enraged. Trump has been very vocal that the politically independent central bank needs to slash the funds rate immediately by over 3%.

President Trump could possibly fire Federal Reserve chair Jerome Powell over questions about the renovation of Fed facilities, National Economic Council director Kevin Hassett said Sunday. Why it ...

Fed Chair Jerome Powell has sketched out new conditions that could trigger rate cuts by summer’s end, but inflation remains a ...

A recent letter from the White House is raising eyebrows in Washington — with some analysts speculating it may be part of a ...

Trump is reportedly considering Treasury Secretary Scott Bessent among top contenders to replace Fed Chair Jerome Powell, who he has criticized over interest rates.

The Fed chief has repeatedly declined to say whether he will step down when his four-year term as chair expires in May, or remain on the Fed board — something he could technically do until his ...

The Federal Reserve has cut interest rates, amid reports that Donald Trump will allow Chair Jerome Powell to remain in his job until 2026.. The central bank made a 25 basis point cut Thursday ...

The rumors of Scott Bessent as future Fed Chair are also intriguing. Global policy rates tend to move as a pack, and the Fed is behind its peers due to USA-specific uncertainty and higher, ...

Trump is reportedly considering announcing a new Fed Chair long before Powell's term ends in 2026. Markets were quick to digest the news, with Treasury yields and the dollar falling.

Federal Reserve chair Jerome Powell, left, and David Rubenstein, co-founder of Carlyle Group Inc., during an Economic Club of Washington event in Washington, D.C. on Monday. Powell said he will ...

A battle over the Fed’s future . Donald Trump’s threat to exert more say over the Fed or even fire Jay Powell, the chair of the central bank, has alarmed some on Wall Street.