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Trump indicated that Powell’s handling of an extensive renovation project on two Fed buildings could be grounds to fire him.
Lately, some of Trump's allies in Congress have been pushing for him to fire Powell for cause - claiming that Powell mismanaged a costly renovation of the Fed's headquarters, then lied about it during ...
The core PCE in the June report is forecast to rise 0.2% to 0.3% when it's released on July 29. Such an increase would be a bit too high to persuade most senior Fed officials to cut rates.
There could be a revolt in global markets, including a possible collapse in the dollar and US bonds, if President Donald Trump were to take the unprecedented step of removing Federal Reserve Chair ...
Reports of Trump firing Fed Chair Powell caused major indexes to fall midday Wednesday, but losses were pared as Trump backed ...
LONDON/NEW YORK (Reuters -The dollar fell sharply on Wednesday after Bloomberg, citing an unidentified White House official, ...
The Fed's structure and upcoming appointments make a dovish policy shift likely. What will happen if Trump gets his 300bps ...
The dollar fell sharply on Wednesday after Bloomberg, citing an unidentified White House official, reported U.S. President ...
As a result, the long standing abhorrence to a central bank, advocated as early as Thomas Jefferson’s administration and by ...
While Tuesday's focus was on the tariff-related inflation hit to Treasuries, it's been a rough week for government bonds ...
Brent crude futures fell 5 cents to $69.16 a barrel, while U.S. West Texas Intermediate crude futures declined 9 cents to $66.89 a barrel. Both contracts settled more than $1 lower in the previous ...
President Trump and his lieutenants have been bullying Federal Reserve Chair Jerome Powell for months over the Fed's ...