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If leading the Federal Reserve isn't challenging enough, the next central bank chair will face an additional burden.
Federal Reserve Chairman Jerome Powell sought to explain to lawmakers how the central bank got caught off guard by the current bout of historic inflation. During his confirmation hearing, Powell ...
The credibility of the current Federal Reserve leadership has now been questioned by Mohamed El-Erian publicly. Read what to know here.
Sen. Pat Toomey pushed back on the use of the term “transitory” to describe the nation’s ongoing inflation problem. AP “I think what we missed about inflation,” Powell responded, “was ...
Powell is only the second domino to fall among Trump’s alleged co-conspirators agreeing publicly to cooperate against Trump. So far, she is the most damaging for Trump, but she is likely to be ...
Yet if I were in Powell’s shoes, I would probably have done the same thing. For the Fed is anxious to preserve its credibility on inflation.
There is only one upcoming vacancy on the board of governors, with Adriana Kugler's term up at the end of January 2026. Powell's time as chair runs out in May 2026, but he can stay on as governor ...
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