Tag - federal-reserve

 
 

FEDERAL RESERVE

Federal Reserve Chair Jerome Powell (center left) talks to U.S. President Donald Trump and Sen. Tim Scott as they tour the Federal Reserve’s renovation project in Washington on July 24.
WORLD / Politics
Aug 13, 2025
Trump may allow lawsuit against Powell over Fed renovation amid rate tension
The renovation work has become a flash point in Trump’s pressure campaign against Powell and the central bank for not lowering borrowing costs.
Stephen Miran, in a paper he co-authored last year for the Manhattan Institute, laid out a case for increasing presidential control of the Fed board, including by shortening members' terms.
BUSINESS
Aug 8, 2025
Trump picks Stephen Miran to fill open spot on Fed board
Miran, who has called for a complete overhaul of the Fed's governance, would take over from Fed Governor Adriana Kugler following her surprise resignation last week.
U.S. President Donald Trump takes questions from reporters at the White House in Washington on Wednesday.
BUSINESS / Economy
Aug 2, 2025
Trump fires data chief on bad job news and gets chance to tilt Fed
Trump fired the head of the Bureau of Labor Statistics, hours after it sent markets tumbling with a report that showed a dramatic slowdown in U.S. hiring.
U.S. Federal Reserve Chair Jerome Powell and his colleagues are deliberating on interest rates this week.
BUSINESS / Economy
Jul 28, 2025
Pressure mounts on Fed chief Powell in tee-up to GDP and jobs data
Fed officials are meeting this week as the government issues reports on gross domestic product, employment and the central bank’s preferred price metrics.
U.S. President Donald Trump (left) presents a document to Federal Reserve Chairman Jerome Powell while touring a construction project at the central bank in Washington on Thursday.
BUSINESS / Markets
Jul 25, 2025
Trump says not ‘necessary’ to fire Powell after getting Fed tour
The visit to see the central bank's renovation project put Trump side-by-side with the central bank chief that he has regularly lambasted on social media.
Jerome Powell, the embattled chairman of the Board of Governors of the U.S. Federal Reserve, appears before a House committee in Washington on June 24.
BUSINESS / Markets
Jul 16, 2025
Wary that Fed chief may be ousted, investors protect portfolios from inflation risk
A Fed chief warmer to cutting rates could have a mixed effect on equities but could weaken the U.S. dollar, increase volatility in the Treasurys market and raise longer-term rates.
Jerome Powell, chairman of the U.S. Federal Reserve, has repeatedly declined to say whether he will step down when his four-year term as chair expires in May.
BUSINESS / Economy
Jul 5, 2025
Powell's silence on his future complicates Trump Fed chair search
The Fed chief has repeatedly declined to say whether he will step down when his four-year term as chair expires in May, or remain on the Fed board.
Jerome Powell, Chairman of the Board of Governors of the Federal Reserve System, in Washington on June 24. The question of how to handle the fallout from White House decisions may loom large as Powell is set to speak on a panel with peers from the euro zone, Japan, South Korea and the U.K.
BUSINESS / Markets
Jun 30, 2025
Powell and Lagarde count cost of Trump’s turbulence
At the halfway point of 2025, global policy is almost paralyzed by the need to navigate risks posed both to inflation and growth in the wake of Trump’s actions.
The U.S. dollar was back at multiyear lows against a basket of other major currencies on Thursday, erasing a brief respite provided by safe-haven flows related to Middle East tensions earlier in the week.
BUSINESS / Economy
Jun 27, 2025
No love for the dollar as markets fret about Fed independence
Respect for independent institutions such as central banks has long been viewed as a key attraction of major economies, helping anchor economic stability.
U.S. Federal Reserve Chair Jerome Powell attends a news conference in Washington on Wednesday.
BUSINESS / Economy
Jun 21, 2025
Trump floats firing 'numbskull' Fed chair Jerome Powell
The Republican leader regularly berates Powell over the bank's decisions not to lower interest rates.
U.S. Federal Reserve Chair Jerome Powell
WORLD / Crime & Legal
May 23, 2025
U.S. Supreme Court shields Fed but lets Trump fire agency leaders
In a ruling Thursday that let Trump oust officials at two other agencies, the court said its decision wouldn’t apply to the Fed.
Fed Chair Jerome Powell said that at this point, it isn't clear if the economy will continue its steady pace of growth, or wilt under mounting uncertainty and a possible coming spike in inflation.
BUSINESS / Economy
May 8, 2025
Fed sees rising risks to economy as it leaves rates unchanged
With so much uncertainty over Trump's tariff moves, Fed Chair Jerome Powell said "It's really not at all clear what it is we should do."
U.S. President Donald Trump at his 100th day rally in Michigan on Tuesday
WORLD / Politics
Apr 30, 2025
Trump bashes Powell and touts tariffs at rally marking 100 days
The president’s denunciation came even though earlier this month he said he did not plan to fire the central bank chief.
Jerome Powell, chairman of the U.S. Federal Reserve, speaks during an event in Chicago earlier this month.
BUSINESS / Economy
Apr 24, 2025
Federal Reserve at a policy and political crossroads poses global risks
A divergence between the Fed and other central banks could stress dollar funding markets and make financing more expensive for less-developed countries.
U.S. Federal Reserve Board Chairman Jerome Powell holds a news conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington last September.
BUSINESS / Economy
Apr 23, 2025
Trump says he has no intention of firing Fed chief Jerome Powell
Trump’s National Economic Council Director Kevin Hassett on Friday said the president was studying the question of whether he’s able to sack Powell.
Sen. Elizabeth Warren, a U.S. Democrat from Massachusetts, speaks on the floor of the New York Stock Exchange on Thursday. Warren says a series of rash actions by the U.S. president are seeding uncertainty across the economy.
BUSINESS / Markets
Apr 21, 2025
Wall Street ‘cops are gone’ after Trump overhaul, Democratic senator warns
The moves to purge federal regulatory agencies would leave consumers and markets vulnerable to fraud and corruption, Sen. Elizabeth Warren says.
Tariffs, and the risk they pose to both the economy and inflation, have been the focus of global attention.
BUSINESS / Economy
Apr 20, 2025
First shock waves of Trump’s tariffs are about to hit the world economy
The International Monetary Fund (IMF) is set to lower its outlook for economic growth in new projections released on Tuesday.
U.S. Federal Reserve Chair Jerome Powell speaks during a news conference, in Washington in January.
BUSINESS / Economy / FOCUS
Apr 19, 2025
Trump goes to war with the Fed
The U.S. president has threatened to take the unprecedented step of ousting the head of the fiercely independent central bank.
Jerome Powell, chairman of the U.S. Federal Reserve, during an Economic Club of Chicago event in Chicago on Wednesday
BUSINESS
Apr 18, 2025
Trump mulls firing Fed chair Powell over rate policy dispute
Trump’s threat to oust Powell draws warnings from economists and aides about risks to markets and Fed credibility.
The Marriner S. Eccles Federal Reserve Board Building in Washington. Companies have told the U.S. central bank they generally expect to raise prices to pass along the cost of import tariffs.
BUSINESS / Economy
Feb 20, 2025
Federal Reserve noted Trump policies could stir inflation, minutes show
Companies have told the U.S. central bank they generally expect to raise prices to pass along the cost of import tariffs.

Longform

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