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.

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.

Jamie Dimon, JPMorgan Chase's CEO, cautioned President Trump on the risks of tariffs to the US economy during the bank's ...

Equity-index futures for the S&P 500 fell 0.2% in early trading Thursday following a 0.3% gain for the index after President Donald Trump played down the prospect he may soon fire Powell ...

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

The reaction in major asset classes may convince the administration that firing Powell will not prove to be a panacea for the ...

U.S. stocks closed higher on Wednesday, with the S&P 500 edging up after President Donald Trump denied reports suggesting he was preparing to fire Federal Reserve Chairman Jerome Powell. At the close ...

“According to Trump, whose mind is now mushier than Gerber baby food, this is Biden in 2017 appointing Jerome Powell to be ...

Goldman Sachs Chief Executive David Solomon, Bank of America head Brian Moynihan and Citigroup’s Jane Fraser said on Wednesday the central bank’s ability to operate without White House or political ...

US President Donald Trump told reporters on Wednesday morning it was "highly unlikely" he would fire the chair of the US ...