News

A shadow Fed chief could lead to a ‘revolt’ on the FOMC against Powell’s successor, former vice chair warns
Former Federal Reserve Vice Chair Alan Blinder said naming a so-called shadow Fed chief well before Jerome Powell’s term is ...
Jerome Powell Just Gave A Huge Gift To BDC Investors
BDCs have struggled in a tough environment, but Jerome Powell just delivered a major boost for the sector. Find out why this ...
Stock market today: Dow, S&P 500, Nasdaq climb as Trump eyes naming a replacement for Fed's Powell
Bets on interest rate cuts are rising as President Trump appears to get closer to naming his replacement for Federal Reserve ...
Fed chief Powell is starting to worry about the reliability of economic data
Cuts to the Bureau of Labor Statistics could be clouding jobs and inflation data, complicating the Fed's data-driven rate ...
Fed’s Powell repeats warning about tariffs as some GOP senators accuse him of bias
Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump’s sweeping tariffs will likely push up ...
Powell Says End of Fed’s Interest Paid to Banks Won’t Save Money
Federal Reserve Chair Jerome Powell said a proposal to eliminate the interest paid to banks that deposit cash at the central ...
Powell says Fed needs to manage against risk tariff inflation proves persistent
The Trump administration's tariff plans may well just cause a one-time jump in prices, but the risk it could cause more ...
Powell Tells Congress Fed Remains Committed to Fighting Inflation Amid Uncertainty Over the Impact of Tariffs
The Federal Reserve chairman says he still does not know how much of an impact President Donald Trump’s tariffs will have on ...