News

Trump-Powell Feud Drives Talk of a Shadow Fed. White House Pushes Back.
The White House is pushing back on suggestions that it is accelerating plans to name a new chair of the Federal Reserve as ...
Watch: Fed’s Powell Testifies on Capitol Hill for Second Day
Federal Reserve Chair Jerome Powell was back on Capitol Hill for his second day of testimony. This time he was in front of ...
Powell warns ending Fed interest on reserves would be 'volatile' and costly
Powell said when it comes to taking the interest on reserve power away, "there's an illusion that it would save money. That ...
Fed’s Powell repeats warning about tariffs as some GOP senators accuse him of bias
Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump’s sweeping tariffs will likely push up ...
Powell says Fed needs to manage against risk that tariff inflation proves persistent
The Trump administration's tariff plans may well just cause a one-time jump in prices, but the risk it could cause more ...
Rate debate among the Fed has analysts questioning who’s ‘auditioning’ for Powell’s job already
ANALYSIS: President Trump has said he may move up the announcement of Powell's replacement, with analysts looking for public ...
Powell Says End of Fed’s Interest Paid to Banks Won’t Save Money
Federal Reserve Chair Jerome Powell said a proposal to eliminate the interest paid to banks that deposit cash at the central ...
Powell calls reports of lavish Fed building renovations inaccurate
Federal Reserve Chair Jerome Powell on Wednesday pushed back against reports the central bank was spending money excessively ...