That’s because, as one former Federal Reserve chair famously said, central bankers’ job is to remove the punchbowl right when ...
Trump's plans for tariffs could stoke inflation and make the Fed's interest-rate decisions more complicated.
The chair of the Federal Reserve made clear he would not resign, even under pressure. But pressure from the White House is ...
Trump would also face a potentially steep decline in the stock market if he appeared to seriously threaten the independence of the Fed, some experts said. Bank executives and other business leaders ...
Good economic data, and the coming Trump presidency, have thrown everything into doubt.
"I'm a little worried that the Fed has declared victory too early," the billionaire investor said on a Norges Bank podcast.
Jerome Powell gambles he won’t have to raise rates in Trump’s term.
The Federal Reserve and Chairman Jerome Powell have a lot riding on Tuesday's election, even as the central bank has spent 2024 keeping as much distance as it can from politics. The next president ...
Dismissing Jerome Powell would be a serious breach of long-standing norms of central bank independence. That doesn’t mean we ...
Trump has been promising that interest rates will come down on his watch — even though rates are set by the politically independent Fed.
After slashing its key interest rate by a hefty half percentage point in September, the Federal Reserve is expected to lower rates by a more measured quarter point Thursday and several times next ...
In December 2022, the Federal Reserve announced the seventh consecutive increase to the federal funds rate and indicated it intented to continue raising interest rates going forward. The Fed has ...