News

Fed Chair Powell resists Trump pressure, will wait on rate cuts amid tariff uncertainty
The Fed Chair on Tuesday reiterated the central bank plans to "wait and learn more" about the impact of tariffs on inflation ...
Trump ‘OK’ with probe of Jerome Powell over ‘Palace of Versailles’ HQ revamp
Trump, who has repeatedly slammed Powell over his unwillingness to slash interest rates, added that his nemesis “should ...
Chances of Fed Interest Rate Cut Plunge After Strong Jobs Report
The U.S. economy added 147,000 jobs in June, beating analyst expectations, the Bureau of Labor Statistics reported.
Veteran fund manager drops bold July Fed interest rate prediction after jobs shocker
The debate over the Federal Reserve's reluctance to lower rates has intensified recently. Those hoping that the Fed would ...
Stocks remain higher after Fed minutes show most policymakers see rate cuts coming this year
U.S. stocks were little changed on Wednesday afternoon after the release of the Federal Open Market Committee's meeting minutes, which showed most policymakers thought that [some reduction in interest ...
Fed minutes likely to shine light on divide over tariffs, rates outlook
Fed Governor Christopher Waller and Fed Vice Chair for Supervision Michelle Bowman, both appointed by President Donald Trump ...