“No,” he said when asked during a news conference. Powell also said presidents removing members of the Fed is "not permitted ...
The Federal Reserve may decide to slow the pace of its interest-rate cuts as policy approaches officials’ estimates of ...
By Andrew Ross Sorkin Ravi Mattu Bernhard Warner Sarah Kessler Michael J. de la Merced and Lauren Hirsch Jay Powell and the ...
Asked whether he'd resign if Trump asked him to, Powell, who will have a year left in his second term as Fed chair when Trump ...
Powell underscored those deficit concerns, saying the federal government’s fiscal policy is on an “unsustainable path” even ...
After a five-day meeting, the Standing Committee of the National People's Congress on Friday approved the issuance of 6 trillion Chinese yuan worth of local government special-purpose bonds, ...
World shares are mostly lower after the Federal Reserve cut interest rates again to ease pressure on the U.S. economy.
The latest news in US politics, with coverage of Donald Trump’s victory and the fallout from the US election in 2024.
This further recalibration of our policy stance will help maintain the strength of the economy and the labor market and will ...
Federal Reserve Chair Jerome Powell made clear he’s ready to defend the US central bank from political pressure following the ...
The Federal Reserve’s decision to cut interest rates by a quarter of a percentage point came as no surprise. The market ...
The delivery from the Fed over this rate cycle has been very consistent, and predictable. Markets have predicted this drop, ...