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Category Federal Reserve

White House eyes Powell's job and questions $2.5B Fed renovation

White House eyes Powell's job and questions $2.5B Fed renovation

Vice President JD Vance has accused Federal Reserve Chair Jerome Powell of being asleep at the controls while interest rates stay high and inflatio...
Trump turns up the heat on Powell as monetary feud deepens

Trump turns up the heat on Powell as monetary feud deepens

Kevin Hassett said Trump can fire Fed Chair Powell if there is a valid reason.
JPMorgan Chase CEO Says Traders May Be Seriously Mistaken on Fed Rate Cuts: Report

JPMorgan Chase CEO Says Traders May Be Seriously Mistaken on Fed Rate Cuts: Report

JPMorgan Chase chief executive Jamie Dimon thinks the U.S. Federal Reserve could actually raise rates, contrary to popular belief. Despite consensu...
Powell’s exit would hit the dollar and bonds hard

Powell’s exit would hit the dollar and bonds hard

A growing financial storm could hit the US dollar and Treasuries if President Donald Trump removes Federal Reserve Chair Jerome Powell from his pos...
Jerome Powell agrees to resign as Fed Chair after sustained pressure

Jerome Powell agrees to resign as Fed Chair after sustained pressure

Jerome Powell has agreed to step down as chair of the Federal Reserve following relentless attacks from President Trump and his inner circle, accor...