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What if the Fed cut rates to just 1% like Trump wants? An analyst says it’s ‘ludicrous’ and may scare businesses

Amid the White House’s unrelenting pressure campaign on Federal Reserve Chairman Jerome Powell, President Donald Trump has not only demanded that the central bank...

Fed officials grow more outspoken—and split—over interest rate cuts

Federal Reserve officials are having a hard time agreeing on what lies ahead for the U.S. economy in a time of unprecedented tariffs, a...

Fed board member and possible Powell replacement says bank should cut rate this month because growth is slowing ‘significantly’

Christopher Waller, a member of the Fed’s governing board, said in a speech in New York City that the economy is showing signs of weakening, with...

For one hour, investors got a taste of a new world where the Fed is run by a ‘stooge’—and they hated every minute of it

The markets got a taste yesterday of what it would be like if President Trump fired U.S. Federal Reserve Chair Jerome Powell—and they threw...

Trump says he ‘talked about the concept of firing’ Jerome Powell. Stocks went for a ride

President Donald Trump sent the U.S. stock market on a jagged round trip Wednesday after saying he had “talked about the concept of firing” the...

Trump confirms private talks about firing Jerome Powell, swears he’s ‘highly unlikely’ to do so as markets gyrate

President Donald Trump said Wednesday that he was “highly unlikely” to fire Federal Reserve Chair Jerome Powell, a public statement made less than 24 hours...

Trump asked GOP lawmakers if he should fire Fed Chair Jerome Powell

Washington — President Trump on Tuesday asked a group of House Republicans if he should fire Federal Reserve Chair Jerome...

Trump admin’s attacks on Powell over $2.5 billion Fed renovation hinge on ‘VIP dining rooms’ and procedural grounds with an obscure gov agency

The White House began its political attacks against Federal Reserve chair Jerome Powell.  After years of openly criticizing Powell, in defiance of decades of established...

Powell asks inspector general to review $2.5 billion cost of Federal Reserve renovation

Federal Reserve Chair Jerome Powell has asked an inspector general to review the cost of the central bank’s building renovations that White House officials have...

Risk of Powell ouster is underpriced, Deutsche Bank strategist says

President Donald Trump’s potential dismissal of Federal Reserve Chair Jerome Powell is a major and underpriced risk that could trigger a selloff in the...
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