News

Jerome Powell hit with a criminal referral over Fed's $2.5B renovation project — what it might mean for your nest egg
Federal Reserve Chair Jerome Powell faces a criminal referral from Republican Congresswoman Anna Paulina Luna — the latest ...
Fed structure may be in flux, not just rates: Mike Dolan
Whatever happens at September's Federal Reserve meeting will pale in comparison to a wholesale rethinking of the U.S. central ...
Fed recap: Powell says no decision on September, must wait to see tariff impact on inflation
The central bank kept its target rate at a range of 4.25% to 4.50%, but two policymakers disagreed with the decision.
Fed’s Powell sticks with patient approach to rate cuts, brushing off Trump’s demands
The chair acknowledged that if the Fed cut its rate too soon, inflation could move higher, and if it cut too late, then the ...
Bessent leads broad search for Fed chair that includes Bullard, Sumerlin
U.S. Treasury Secretary Scott Bessent is leading a search for a successor to Federal Reserve Chair Jerome Powell, with an ...
JPMorgan predicts Fed will cut rates in September — and four total times this year
The bank expects a quarter-point cut when the Fed next meets, followed by three more cuts of the same size at later meetings.
A top Federal Reserve official says dour jobs data backs the case for 3 rate cuts
A top official at the Federal Reserve is saying that this month's stunning, weaker-than-expected report on the U.S. job ...
Wall St set for higher open as Fed shake-up stokes dovish bets
Wall Street's main indexes looked at a positive start on Friday as U.S. President Donald Trump's temporary pick for a Federal ...