News

Trump is quietly changing the Fed, even without firing Powell

Sweeping changes are coming to the world’s most powerful central bank, President Donald Trump and his top advisers have said ...

Fed keeps rates unchanged — but two vote against Powell’s ‘wait-and-see’ approach

The central bank’s policy-setting Federal Open Market Committee maintained the benchmark rate between 4.25% and 4.5%, where ...

Federal Reserve likely to stand pat on rates this week, deepening the gulf between Powell and Trump

Inflation has fallen sharply and as a result Fed officials have signaled they will cut rates by as much as a half-percentage ...

Fed Decides Against Interest Rate Cut—But Powell Faces First Double Dissent In Decades

Fed governors Michelle Bowman and Christopher Waller, who have signaled support for easing interest rates in recent weeks, ...
Money Morning4h

Fed Day: Can Powell Keep the Rally Alive?

Tariff Deadlines Not Moving: President Trump confirmed there will be no extension to the August 1 tariff deadline. Dozens of ...

Powell Under Siege as Fed Plans to Stand Pat on Rate Cuts

Jerome H. Powell, the Federal Reserve chair, is facing relentless attacks from the president, a lively campaign to replace ...

Fed Governors Could Break Ranks as Trump Intensifies Powell Pressure

Possible dissents by Christopher Waller and Michelle Bowman would mark the first time in three decades that more than one Fed ...

Trump has given Powell ‘no motivation to cooperate’ says former White House commerce secretary—he might now be paying the price for it

Trump's former commerce secretary, Wilbur Ross, tells Fortune that President Trump has given the Fed an unwinnable dilemma.