News

Gold Edges Up as Traders Await Powell Speech for Fed Rate Clues

Powell is slated to give his annual address in Jackson Hole, Wyoming, on Friday. Swaps are pricing in a high probability the ...

Jefferies’ Zervos Says Fed Not Independent, Powell Left-Leaning

A potential candidate to succeed Federal Reserve Chair Jerome Powell, David Zervos, said that it’s inaccurate to describe the ...

Fed Divided in July on Inflation, Tariffs and Jobs

Minutes of the Federal Reserve’s July meeting show widespread concern over the slowing economy and the impacts of import ...

Why does Trump want to fire this member of the Fed board?

A federal housing official alleges Federal Reserve governor Lisa Cook committed mortgage fraud in 2021 loan applications.

How Trump is using the Fed chair selection process to pressure Powell to lower rates

The TV-style approach could present the White House with an excuse to meet with some current Fed officials who don’t support ...

Jerome Powell Set To Deliver Pivotal Jackson Hole Address As Analysts Warn It Could Be 'Make-Or-Break' Moment For Dovish Fed

Federal Reserve Chair Jerome Powell's upcoming speech at the Jackson Hole Economic Policy Symposium on Friday is being billed as a pivotal, "make-or-break" moment for the central bank's more dovish ...

US stocks end little changed, with eyes on Fed conference and big box retail earnings

U.S. stocks closed a listless day nearly flat as investors wait for key retail earnings and an annual Fed conference for ...

Trump housing regulator Pulte says Fed's Cook should resign or be fired over mortgage fraud claims

Trump has targeted the Federal Reserve and its chairman, Jerome Powell, as he pressures the central bank to slash interest rates.