Dana Peterson, Chief Economist at The Conference Board, discusses the potential impact of the tension between President-Elect ...
The central bank’s governors vow to re-elect Jerome Powell chairman even if the president fires him.
Two days after Donald Trump became the first American since Grover Cleveland to win nonconsecutive presidential elections, the Federal Reserve announced a ...
Trump has repeatedly argued that he does not agree with Jerome Powell. Will he try to remove him from the Federal Reserve?
Musk – the richest person in the world with a net worth of $304 billion, according to Forbes – played a central role in ...
Jerome Powell was prepared to go to court when the president floated his dismissal six years ago. If it happens again, the ...
The Federal Reserve on Thursday announced it will cut the benchmark interest rate by 25 basis points, with its second consecutive rate cut coming amid signs of cooling inflation.
Earlier on Thursday, mortgage rates rose again for the sixth consecutive week, hitting a four-month high of 6.79%, according ...
With inflation in the United States showing signs of settling down, its monetary policy has taken another step toward easing.
While Trump has sought to pressure the Fed to cut rates, consumer rates on mortgages and other loans are determined by a ...
The Dow Jones gained more than 1500 points on Wednesday after Trump won the 270 electoral votes needed to become the 47th President of the United States.