President Donald Trump on Tuesday said Chairman Jerome Powell to resign immediately, and renewed his calls for the central ...

Kevin Warsh, the former Fed governor considered the most likely replacement for Jerome Powell to lead the Fed, on Monday ...

Former Federal Reserve Governor Kevin Warsh said the U.S. economy could grow tremendously, but "bad" policies from the ...

Deutsche Bank argues the Fed's path to cutting is only getting more "difficult" because of Trump's changing tariff policies.

The US president has repeatedly assailed the Fed chairman over decisions to hold rates steady this year, threatening to ...

Speaking at a Cabinet meeting, Trump strongly criticised Powell, calling him unfit for the role. He said that if Powell gave ...

Recent national and global surveys of business executives have highlighted the U.S. Federal Reserve's dilemma in determining ...

President Donald Trump and Fed Chair Jerome Powell are clashing over interest rate cuts, with both sides of the media taking different sides.

Recent national and global surveys of business executives have underscored the U.S. Federal Reserve's (Fed) challenge in ...

Powell alone does not have the power to cut rates. Instead, the Fed's Open Market Committee makes rate decisions. The committee has 12 members, of whom the chairman is just one.

After reducing interest rates in late 2024, the Fed has kept rates at their current levels of 4.25% to 4.5% so far in 2025.

The Fed cut rates three times late last year to about 4.3%. Yet since then it has put rate cuts on pause out of concern that Trump’s tariffs could push up inflation.