Federal Reserve Chair Jerome Powell hinted Wednesday that the economic policies of President-elect Donald Trump are starting to become top of mind for the central bank.
Donald Trump says he won’t try to oust Federal Reserve Chair Jerome Powell. Speaking to NBC News in an interview that aired Sunday, the president-elect said he didn’t think the central bank boss would agree to go.
Federal Reserve Chair Jerome Powell has ruled out the possibility of the central bank adding Bitcoin to its balance sheet, citing legal restrictions under the Federal Reserve Act. Powell addressed the issue during a Dec. 19 press conference, emphasizing that the Fed is not pursuing any legislative changes to alter this position.
President-elect Donald Trump’s favorite barometer of his success — the stock market — had been humming since his reelection. Business-friendly promises of deregulation and tax cuts got investors excited with anticipation of unlocked profit and easy money.
Powell's more than six years as Fed chief have been consequential, but the coming months could present new challenges.
Federal Reserve Chairman Jerome Powell had to be thinking the same thing when he delivered a sober assessment of the challenges the U.S. economy faces in the coming year following the central bank's unpopular rate cut Wednesday in Washington.
US Federal Reserve chair Jerome Powell says some are trying to judge how Donald Trump’s tariffs, taxes, and immigration curbs might affect policy.
President-elect Donald Trump says he loves low interest rates, but his talk of imposing tariffs is pressuring the Federal Reserve to keep rates higher for longer.
Federal Reserve Vice Chair for Supervision Michael Barr has sought legal advice to explore his options against any attempts by President-elect Donald Trump to remove him, sources said, the latest sign that a conflict might be looming between the incoming administration and the central bank.
The Federal Reserve’s economic projections and Chair Jerome Powell’s press conference spooked the stock market Wednesday. One undeniable takeaway was concern over the president-elect’s policy proposals,
Then here comes Bitcoin, the decentralized, no-rules wild card of global finance. It’s absolutely no surprise that Powell is skeptical. But the reasons for
Elon Musk has set his sights on the Federal Reserve, calling it “absurdly overstaffed” in a post on X (formerly Twitter).