News

Jerome Powell hit with a criminal referral over Fed's $2.5B renovation project — what it might mean for your nest egg
Federal Reserve Chair Jerome Powell faces a criminal referral from Republican Congresswoman Anna Paulina Luna — the latest ...
Trump nominates Powell critic for vacant Fed seat
Stephen Miran, the chair of Trump's Council of Economic Advisers and a fellow critic of Fed chair Jerome Powell, has been ...
Trump Says Treasury’s Bessent Rules Out Replacing Powell at Fed
With Treasury Secretary Scott Bessent not in the running, President Trump said that he has narrowed his list of replacements ...
JPMorgan predicts Fed will cut rates in September — and four total times this year
The bank expects a quarter-point cut when the Fed next meets, followed by three more cuts of the same size at later meetings.
Trump Favors Short-Term Fed Pick to Preserve Options for Powell Succession
President Trump said he would announce later this week his pick to fill an unexpected vacancy on the Federal Reserve’s board ...
Fed's Powell has 'utmost integrity', says Bank of England's Bailey
U.S. Federal Reserve Chair Jerome Powell is a man of "utmost integrity", Bank of England Governor Andrew Bailey said, ...
Pressure mounts on Jerome Powell as economist Mohamed El-Erian adds his voice to calls for the Fed chair to step down
Amid this pressure, Mohamed El-Erian is calling on Federal Reserve chair Jerome Powell to call it quits — becoming one of the ...
Pulte Criticizes Fed Chair Powell Over Soaring Housing Imbalance
PulteGroup (PHM, Financials) heir and Federal Housing Finance Agency Director Bill Pulte has renewed criticism of U.S.