As Trump allies including Elon Musk endorse ending the Federal Reserve’s independence, the central bank’s chair is reportedly ...
Congress made a huge mistake when it passed the Uniform Holiday Bill in 1968, moving four national holidays (Washington’s Birthday, Memorial Day, Columbus Day and Veterans Day) to Monday so federal ...
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 ...
Powell is indicating he wouldn’t go down without a fight if Trump tries to remove him. How a battle could shake out.
Two years after the 1976 Buckley decision, the Republicans on the Supreme Court struck again, this time adding that the ...
Donald Trump's return to the White House could put the independence of the US Federal Reserve under strain, potentially weakening its ability to fight against inflation and unemployment free from ...
While Trump has sought to pressure the Fed to cut rates, consumer rates on mortgages and other loans are determined by a ...
Looking ahead to December, Powell stated that the Fed will assess data on inflation ... Between November 4 to 8, China’s ...
WASHINGTON — Federal Reserve Chairman Jerome Powell said Thursday he would not resign if requested by President-elect Donald Trump in a potential dispute over constitutional authority. The Federal ...
Yet, Powell’s defiance ought to provoke us to ask why wealthy, pampered, out-of-touch technocrats like Jerome Powell get to ...
Trump would also face a potentially steep decline in the stock market if he appeared to seriously threaten the independence of the Fed, some experts said. Bank executives and other business leaders ...