News

Fed Split Widens as Powell Holds, Waller Calls for Cuts, Dollar Slides Further
Powell holds cautious Fed stance as Bostic resists cuts while Waller, Bowman push for July easing. Dollar weakness signals ...
Bessent on becoming Fed chair: ‘I will do what the president wants’
Treasury Secretary Scott Bessent said Monday he’d be open to replacing Federal Reserve Chair Jerome Powell as President Trump ...
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The Fed can ignore Trump — but markets are listening
The president and his allies have stepped up their verbal attacks on the Federal Reserve and its chairman in recent weeks, ...
Trump intensifies attacks on Fed’s Powell
President Donald Trump escalated his attacks on Federal Reserve Chair Jerome H. Powell on Monday, criticizing him for not cutting short-term interest rates right away to match lower borrowing costs in ...
As Trump ramps up attacks on the Federal Reserve, Chair Powell refuses to change course
“The board just sits there and watches, so they are equally to blame,” Trump said. The attack on the board ratchets up ...
Powell says the Fed would have cut rates this year if it weren’t for tariffs
The Fed hasn’t lowered interest rates at all this year: Central bankers broadly expect Trump’s tariffs to have some effect on ...
Trump administration eyes Fed vacancy in early 2026 to appoint Powell successor, Bessent says
The Trump administration is considering using the next expected Federal Reserve Board of Governors vacancy in early 2026 for ...