News

Bessent leads broad search for Fed chair that includes Bullard, Sumerlin
U.S. Treasury Secretary Scott Bessent is leading a search for a successor to Federal Reserve Chair Jerome Powell, with an ...
Pressure mounts on Jerome Powell as economist Mohamed El-Erian adds his voice to calls for the Fed chair to step down
Amid this pressure, Mohamed El-Erian is calling on Federal Reserve chair Jerome Powell to call it quits — becoming one of the ...
‘Give me a break’: Trump says he hired Fed chair Powell as a ‘favor’ after CNBC host presses him on labor bureau firing
Trump defended his recent decision to fire head of BLS while distancing himself from his past decision to hire Fed chair ...
Fed's Powell has 'utmost integrity', says Bank of England's Bailey
U.S. Federal Reserve Chair Jerome Powell is a man of "utmost integrity", Bank of England Governor Andrew Bailey said, ...
Fed holds interest rates steady, Chair Powell says Fed independence 'very important'
The Federal Reserve held interest rates steady on Wednesday, just days after President Donald Trump made an unusual visit to ...
Waiting for a Fed rate cut? Chair Powell offered few signals of one, economists say
Nothing tariffs are starting to push up prices, Powell said the Fed is already “looking through” goods inflation by not ...
Analysis-Investors game out market reaction to Fed chair replacement favorites
By Saqib Iqbal Ahmed NEW YORK (Reuters) -As President Trump narrows his shortlist for the next Federal Reserve chair, ...
Biggest immediate change for Fed under new chair likely to be tone shift
The way the Fed is designed, there isn’t too much the new Fed chair can do outside of setting a change in tone and publicly pushing for a new direction.