News

Trump threatens legal action against Powell over Fed HQ, demands immediate rate cuts as inflation holds steady

Trump returned to his sharp critiques of the Fed chair, saying "Jerome 'Too Late' Powell must NOW lower the rate" after the ...

Why Trump’s Fed nominee may get the cold shoulder at the central bank

In MAGA world, Stephen Miran, the White House economist President Donald Trump nominated last week to the Federal Reserve’s top ranks, is a force to be reckoned with.

Trump threatens to sue ‘loser’ Jerome Powell — as SF Fed chief says interest rates finally may fall

Trump said that his next line of attack against “loser” Jerome Powell for refusing to lower interest rates could be a lawsuit over his $2.5 billion HQ renovation.

Trump calls on the Federal Reserve board to take full control of the central bank from Powell

President Donald Trump is calling for the Federal Reserve’s board of governors to usurp the power of Fed Chair Jerome Powell.

Dollar slips to a two week low as investors eye Fed cut

The dollar fell to a two-week low on Wednesday after a tame reading on U.S. inflation bolstered expectations of a Federal ...

Who’s next to chair Fed after Powell? From Michelle Bowman to Philip Jefferson, Trump admin eyes potential candidates

The Federal Reserve is considering candidates including Michelle Bowman and Philip Jefferson to succeed Jerome Powell as ...

Inflation likely moved higher last month as tariffs bite, putting the Fed in bind

Inflation likely ticked up in July for the third straight month as tariffs lift the cost of imported goods such as furniture, ...

How Jerome Powell Played Biden’s Climate Games While Inflation Ran Rampant

The Federal Reserve failed to prioritize its core mission to combat inflation while embracing the Biden administration’s ...