Republicans vouch for Fed chair, creating a rare schism with Trump
Republicans in Congress are supporting Federal Reserve Chair Jerome Powell as the Trump administration ramps up its pressure campaign against the central bank
January 16, 2026Republicans in Congress are supporting Federal Reserve Chair Jerome Powell as the Trump administration ramps up its pressure campaign against the central bank
January 16, 2026
President Donald Trump on Friday said he would like to keep his top economic adviser, Kevin Hassett, at the White House rather than potentially nominate him to replace Jerome Powell as chair of the Federal Reserve
January 16, 2026
The Justice Department’s investigation into Federal Reserve Chair Jerome Powell has brought heightened attention to a key drama that will play out at the central bank in the coming months: Will Powell leave the Fed when his term as chair ends, or will he take the unusual step of remaining a governor
January 15, 2026
CNN This Morning examines why some Republicans are calling the criminal investigation of Jerome Powell an "unwelcome distraction"
January 12, 2026
Inflation declined a bit last month as prices for gas and used cars fell, a sign that cost pressures are slowly easing
January 12, 2026
JPMorgan Chase is reporting a 9% rise in adjusted profits for the fourth quarter, benefiting from a strong economy in both consumer and investment banking
January 13, 2026
The investigation follows Fed Chair Jerome Powell’s refusal to toe the White House’s line over interest rate cuts.
January 13, 2026
The Trump administration’s criminal investigation of Federal Reserve Chair Jerome Powell has sparked a backlash that may undermine the White House’s goals
January 12, 2026
Minnesota and the Twin Cities are suing the federal government to stop surge by federal immigration authorities
January 12, 2026
Wall Street ticked to more records after bouncing back from early losses taken because of worries about the worsening feud between the White House and the Federal Reserve
January 12, 2026
Stocks shrug, hit record highs after Trump ups the ante against Jerome Powell and the Fed
January 12, 2026
Federal Reserve Chair Jerome Powell said Sunday the Department of Justice has served the central bank with subpoenas and threatened it with a criminal indictment over his testimony this summer about the Fed’s building renovations
January 12, 2026
The United States gained a decent 64,000 jobs in November but lost 105,000 in October as federal workers departed after cutbacks by the Trump administration, the government said in delayed reports
December 16, 2025
The Federal Reserve reduced its key interest rate for the third time in a row Wednesday but signaled that it may leave rates unchanged in the coming months
December 10, 2025
Takeaways: Powell says the Fed has delivered enough rate cuts for now
December 10, 2025
The Federal Reserve faces an unusually contentious meeting this week that will test Chair Jerome Powell’s ability to corral the necessary support from fellow policymakers for a third straight interest rate cut
December 08, 2025
The U.S. dollar was soft on Thursday after lacklustre economic data cemented the case for a rate cut from the Federal Reserve next week, providing relief
December 04, 2025
A look at the day ahead in U.S. and global markets by Dhara Ranasinghe, Editor, Financial Markets EMEA. What matters in U.S. and global markets today.
December 01, 2025
U.S. stocks closed modestly lower on Monday, weighed down by a jump in Treasury yields and economic data that showed tariffs remained a drag on the
December 01, 2025
Wall Street's main indexes opened lower on Monday as investors stood on the sidelines ahead of fresh economic data and a closely watched speech from Federal Reserve Chair Jerome
December 01, 2025
Trump says he’s decided on his pick for Fed chair. Here’s who’s who on the short list
October 28, 2025
U.S. Treasury Secretary Scott Bessent said on Tuesday he was concluding a second round of interviews later in the day for a new U.S.
November 25, 2025
Chicago Federal Reserve President Austan Goolsbee on Thursday said he is uneasy about cutting interest rates in the face of too-high inflation that's steady at best and by
November 20, 2025
Trump teases he’ll fire Bessent if Fed doesn’t cut interest rates
November 19, 2025
A divided Federal Reserve cut interest rates last month even as policymakers cautioned that doing so could risk entrenched inflation and a loss of public
November 19, 2025
A majority of Federal Reserve policymakers expressed support in late October for further interest rate cuts, though not all committed to making the reduction at their next meeting in December, according to minutes released Wednesday
November 19, 2025
U.S.
November 19, 2025
Damage to the independence of the U.S.
November 19, 2025
The minutes of the U.S. central bank's October 28-29 meeting could provide more insight on Wednesday into the depth of the divide that has emerged among
November 19, 2025
What was once seen as a near-certain cut in interest rates next month now looks more like a coin flip as Federal Reserve officials sharply disagree over the economy’s health and whether stubborn inflation or weak hiring represent a bigger threat
November 18, 2025
U.S.
November 18, 2025
Executives at DWS, one of Europe's largest money managers, are thinking through the potential impacts in the unlikely event that the U.S.
November 14, 2025
Wall Street tumbled and Treasury yields rose on Thursday as expectations of a Federal Reserve interest rate cut next month faded rapidly, while the dollar
November 13, 2025
Citing worries about inflation and signs of relative stability in the labor market after two U.S. interest rate cuts this year, a
November 13, 2025
Federal Reserve Governor Stephen Miran on Wednesday repeated his view that data showing inflation running above 2% is backward-looking and should not be taken at face value, and again
November 12, 2025
European Central Bank President Christine Lagarde is to take over from Federal Reserve chief Jerome Powell as head of two of the Bank for International Settlements' key economic
November 12, 2025
The U.S.
November 12, 2025