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.

Fed independence is ‘something we should fight to preserve,’ says David Solomon, CEO of Goldman Sachs. The nation’s biggest ...

Analysts have warned of serious financial fallout if Trump follows through. Deutsche Bank strategist George Saravelos said in ...

President Trump has become more hostile to the Federal Reserve’s chair. Markets aren’t worried yet, but some on Wall Street ...

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 ...

President Trump's recent decisions have sparked significant debate and concern across various sectors, with the potential to escalate internal conflicts. From monetary policy to public media funding, ...

Asian stocks showed mixed performance following a turbulent session in US markets. This volatility stemmed from speculation ...

Politicians often want lower rates. Central banks seek stable prices.