News

The stock market soared following Fed Chair Powell’s speech. Why it might just be a ‘late-summer rally.’

The Dow logged its first record close of the year and bond yields fell after Federal Reserve Chair Jerome Powell struck an ...

Why the Federal Reserve has historically been independent of the White House

President Trump this week called on a Federal Reserve governor to resign over an accusation of mortgage fraud, the latest ...

Fed Chair Powell says inflation, hiring slowdown pose 'challenging situation'

Federal Reserve Chair Jerome Powell on Friday said the central bank faces a "challenging situation" as a hiring slowdown ...

Trump Threatens To Fire Federal Reserve Governor Lisa Cook

Federal Housing Finance Agency Director Bill Pulte accused Cook of mortgage fraud this week, alleging she claimed two ...

Why is Trump unhappy with Fed Chair Jerome Powell, and what does the Federal Reserve do?

President Trump floated the idea of firing Jerome Powell — whom he first appointed Federal Reserve chair — earlier this week, ...

Powell Is on the Cusp of Taking a Big Gamble With the U.S. Economy

Jerome Powell, the Federal Reserve chair, is managing a high-stakes balancing act as he grapples with a cooling labor market, ...

Why the Federal Reserve's independence matters

President Donald Trump is calling on a Federal Reserve governor to resign over an accusation of mortgage fraud.

Federal Reserve’s Lisa Cook faces Trump firing threat over mortgage fraud claims

Cook, the first Black woman to serve on the Fed board, said she had "no intention of being bullied to step down" after Trump ...
Scripps News on MSN2d

Federal Reserve could lower rates as job market loses steam, Powell says

Fed Chair Jerome Powell says a slowing job market may prompt the Fed to cut interest rates, though inflation risks remain ...