News

Jerome Powell hit with a criminal referral over Fed's $2.5B renovation project — what it might mean for your nest egg

Federal Reserve Chair Jerome Powell faces a criminal referral from Republican Congresswoman Anna Paulina Luna — the latest ...

Trump made his MAGA Fed pick. His next choice will be far more consequential

President Donald Trump recently nominated one of his economic advisers to the Federal Reserve’s top ranks, but his next choice will be far more consequential — and it’s already taking shape.

Trump Favors Short-Term Fed Pick to Preserve Options for Powell Succession

President Trump said he would announce later this week his pick to fill an unexpected vacancy on the Federal Reserve’s board ...

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, ...

Powell Cites Inflation Risk as Fed Holds Interest Rates Steady

Federal Reserve Chair Jerome Powell said interest rates are in the right place to manage continued uncertainty around tariffs ...

JPMorgan predicts Fed will cut rates in September — and four total times this year

The bank expects a quarter-point cut when the Fed next meets, followed by three more cuts of the same size at later meetings.

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 ...