Tension between the White House and the Federal Reserve is reaching a boiling point, with US President Donald Trump increasing his attacks on chairman Jerome Powell in recent days. Fears that the US ...

TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist Another batch of upbeat U.S. economic data including solid retail sales boosted risk appetite on ...

“It’s by now widely agreed, almost all over the world: If you leave monetary policy in political hands, you’ll get too much inflation,” Alan Blinder, a professor of economics at Princeton University ...

The president reportedly brandished a letter firing the Fed chair, then backed off, saying he likely wouldn’t dismiss him ...

In 1997, billionaire Carlyle co-founder David Rubenstein hired a then-relatively unknown member of the George H.W. Bush administration named Jerome Powell. Over the course of eight years, Powell led ...

Trump has called for aggressive cuts. Powell and the Federal Open Market Committee, which sets rates, have taken a wait-and-see approach on interest rates, partly due to concerns about how Trump's ...

Some of the biggest names on Wall Street are getting louder about the importance of an independent Federal Reserve as the White House pressure on Jerome Powell intensifies. JPMorgan Chase (JPM) CEO ...

Whether Federal Reserve Chair Jerome Powell is fired next week, forced to resign in six months or allowed to muddle through to the end of his term next May, the supposedly sacrosanct notion of Fed ...

President Donald Trump knows who he will pick to lead the Federal Reserve when Chairman Jerome Powell's term is up: Someone who will lower interest rates. The Senate confirms that pick. Republicans ...

Crypto bills advance to debate, United Airlines earnings beat expectations, Labubu dolls give Pop Mart a boost, and more news to start your day.

This on-again, off-again approach has fueled a wave of uncertainty, compounding concerns over monetary policy and the ...