US Federal Reserve chief Jerome Powell warned Tuesday that slashing interest rates too quickly could allow inflation to remain elevated, but stressed...
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WASHINGTON, D.C. — Donald Trump and US Federal Reserve chairman Jerome Powell appeared together for a tense meeting Thursday as the president toured the central bank after ramping up his attacks on its management of the economy. Trump — who wants to oust Powell for refusing to lower interest rates but likely lacks the legal authority to do so — has threatened to fire the Fed chief over cost overruns for a renovation of its Washington headquarters. During a brief but painfully awkward exchange in front of reporters during a tour of the building, the pair bickered over the price tag for the makeover, which Trump said was $3.1 billion. The actual...
US Federal Reserve chief Jerome Powell warned Tuesday that slashing interest rates too quickly could allow inflation to remain elevated, but stressed...
Jerome Powell and some of the more dovish policymakers at the central bank are at odds over how to handle “challenging” inflation and...
A "who's who" of former economic officials urged the Supreme Court on Thursday to let Federal Reserve Governor Lisa Cook remain in her job while the...
A Supreme Court decision that keeps a Fed governor on the job for now could scramble President Trump’s effort to add more loyalists at the central...
WASHINGTON (AP) — A federal judge agreed Monday to the Trump administration’s plan to eliminate hundreds of jobs at the agency that oversees...
The Trump administration is committed to ramping up the pressure on Iran, The Washington Post has reported...
By MICHAEL KUNZELMAN Associated Press WASHINGTON (AP) — A federal judge agreed Monday to the Trump administration’s plan to eliminate hundreds...
U.S. Federal Reserve Chair Jerome Powell also signaled that the rate-cutting path wasn't clear and that the central bank faces a "challenging...
U.S. Federal Reserve Chair Jerome Powell also signaled that the rate-cutting path wasn't clear and that the central bank faces a "challenging...
President Donald Trump addressed hundreds of senior U.S. military officials Tuesday in Virginia, speaking for more than an hour — though some...