News

Trump may name a ‘shadow’ Fed chair, an unprecedented development in American history
President Donald Trump said last week that he will announce his pick to succeed Federal Reserve Chair Jerome Powell “very ...
A look at who could replace Powell as Fed chair
A closer look at the people who may succeed Jerome Powell as the next Federal Reserve chair reveals a list of candidates with both pros and cons.
Trump Encourages Powell to Resign in Latest Attack on the Fed Chair
Jerome H. Powell, whose term does not expire until May, has argued that the central bank can afford to be patient about ...
Bloomberg on MSN2h
Trump Says He'll Choose a Fed Chair Who Wants to Cut Rates
President Donald Trump calls Federal Reserve Chair Jerome Powell a "stubborn mule" and says he would choose a successor who wants to cut interest rates during remarks with reporters at the Oval Office ...
Trump says he won't appoint anyone to Fed who doesn't back rate cuts
U.S. President Donald Trump said on Friday he would not appoint anyone to head the Federal Reserve who would not lower ...
Hassett: Inflation Is Lowest It's Been In 4 Years. If The Fed Were Data Driven, They Would Be Lowering Interest Rates
Director of the National Economic Council Kevin Hassett told "Special Report" host Bret Baier he has "high confidence" ...
Trump says he wants interest rate cut to 1%, would 'love' if Powell resigned
U.S. President Donald Trump said on Friday he would "love" if Federal Reserve Chair Jerome Powell were to resign, and the ...
The 4 forces that drove the stock market's latest record high
The S&P 500 closed at a record high on Friday, soaring to its highest level since February as investors cheered a host of ...
The Fed’s Preferred Inflation Gauge Was Slightly Hotter in May, as Spending Cooled
Most economists and policymakers are bracing for price pressures to intensify this summer because of President Trump’s ...
Semiannual Monetary Policy: Powell Tells Congress Why The Fed Won't Cut Rates Now
The Fed stays focused on inflation and employment, with no rate cuts expected soon. Check out my analysis on Fed policy and ...
Trump mulls a ‘shadow’ Fed chair as he rips Powell on rate cuts. Is the president right?
President Trump certainly thinks so. He’s pounding the table for immediate rate cuts, and two of the central bank’s five ...
Powell Isn’t Trump’s Only Holdout Against Cuts at a Divided Fed
Should Fed governors Waller and Bowman both lodge dissenting votes against a committee decision to hold rates steady next ...