Supreme Court Shields Fed
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Jerome Powell is currently the Chair of the Federal Reserve. Learn when his term ends and what limitations President Donald Trump would face in attempting to remove him.
JPMorgan Chase CEO Jamie Dimon has come to the defence of Fed chairman Jerome Powell, saying his cautious approach is appropriate.
Federal Reserve Chair Jerome Powell reiterated the need for a wait-and-see approach during a press conference following the committee's policy announcement.
Following the last review, the Fed outlined a policy that became known as flexible average inflation targeting. The move was a stated intent to allow inflation to run slightly over the central bank's 2% target for a period of time in the interest of providing full and inclusive employment across the economy, including for race and gender.
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Powell said Thursday that longer-term interest rates are likely to be higher as the economy changes and policy is in flux.
Federal Reserve Chair Jerome Powell is cautioning that the U.S. could face an increase in supply shocks. The comes a week after the central bank announced it would hold interest rates steady amid ...
A U.S. Supreme Court ruling Thursday in a legal battle over President Donald Trump's firing of two federal labor board members contained a line that eased, for now, worries that the cases could open the door for Trump to fire Federal Reserve Chair Jerome Powell at will.
The Federal Reserve plans to shrink its workforce by about 10% over the coming years, bringing the central bank in line with President Trump’s broader efforts to streamline the federal government, according to a memo that Fed Chairman Jerome Powell sent to staff on Friday.