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 ...

The Fed chief has repeatedly declined to say whether he will step down when his four-year term as chair expires in May, or ...

The Fed chief has repeatedly declined to say whether he will step down when his four-year term as chair expires in May, or ...

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 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.

President Trump says Fed rate cuts would save the government as much as $900 billion a year in interest payments on its debt.

The chair of the Fed, which sets U.S. monetary policy and has a mandate to maintain full employment and price stability, is among the most closely followed government officials by Wall Street.