News

The situation in the Middle East is a ‘major wild card’ for the Fed, former Powell advisor says
Jon Faust, who advised three Fed chairs, doesn’t see an interest-rate cut until December — an even then, the odds of a move ...
Trump eyes Cabinet member to replace 'Mr Too Late' Powell at the Fed: report
Trump is reportedly considering Treasury Secretary Scott Bessent among top contenders to replace Fed Chair Jerome Powell, who he has criticized over interest rates.
Fed Chair Powell reveals new inflation target
Powell reiterated the Fed's commitment to a 2% inflation target, calling anchored inflation expectations "critical to ...
Fed's Powell tells Princeton grads to guard integrity amid Trump criticism
Fed chair Jerome Powell resisted pressure from President Donald Trump recently to lower interest rates, citing employment and ...
Why the Fed and ECB are no longer on the same page
Central bank benchmark borrowing costs are now more than 2 percentage points lower in Europe than the US, a divide that has ...
Bessent emerges as possible contender to succeed Fed's Powell, Bloomberg reports
U.S. Treasury Secretary Scott Bessent has emerged as a possible candidate to succeed Federal Reserve Chair Jerome Powell, ...
If not for tariffs, Fed would be cutting by now: Macquarie
Federal Reserve Chair Jerome Powell is facing a new barrage of criticism, with Vice President J.D. Vance joining in with President Donald Trump this week to blast the central bank chief for not ...
Paul Tudor Jones expects Trump to pick Bessent as Fed Chair
Paul Tudor Jones on Wednesday said Treasury Secretary Scott Bessent will most likely be President Donald Trump's choice to ...