Get all your news in one place.

100’s of premium titles.
One app.

Start reading

Get all your news in one place.

100’s of premium titles. One news app.

Start reading

The Latest Breaking News from Jerome Powell

Good, mad and ugly: the US economy’s performance under Trump – in charts

Despite president’s claims of an economic boom, picture is chaotic – resilient GDP growth but weak jobs figures

The Guardian - US

A vacancy on the Fed is opening early as Trump urges board to 'assume control' if Powell doesn't cut rates

The 12 voting members of the FOMC make interest rate decisions based on a simple majority vote.

Fortune

Federal Reserve Governor Adriana Kugler Resigns, Handing Trump A Key Vacancy Ahead Of Powell's Term End

Adriana Kugler, a Federal Reserve governor, is stepping down from her position on August 8. Kugler, who joined the Fed in September 2023, was expected to serve until January 31, 2026.

Benzinga

From analysis to the latest developments in health,
read the most diverse news in one place.

Trump news at a glance: ‘credibility’ of US economics data at risk, say experts, as president fires labor official

Trump’s own former statistics chief denounces move as ‘groundless’ and ‘dangerous’. Key US politics stories from Friday 1 August at a glance

The Guardian - US

US Fed Governor To Resign Early At Critical Time For Central Bank

US Federal Reserve governor Adriana Kugler is resigning from her position, the central bank said Friday, opening a vacancy that President Donald Trump can fill as he presses his campaign to drop interest rates.

International Business Times

Everyone’s watching Jerome Powell as warnings flash for the U.S. economy

“The July jobs report goes a long way toward providing the evidence of a weaker labor market that the Fed needs to justify cutting interest rates in the face of above-target inflation,” said Brian Rose at UBS Global Wealth Management.

Fortune

Bond ETFs Could Catch A Tailwind From Jobs Data

The U.S. job market created only 73,000 jobs in July, according to the Bureau of Labor Statistics. Additionally, downward revisions to May and June resulted in the elimination of a whopping 258,000 jobs. That means the U.S. saw the weakest tri-monthly employment print since the pandemic, according to Bloomberg. That’s…

Benzinga

Read news from The Economist, FT, and more,
with one subscription

Trump calls on Fed board to take control from Powell over interest rates

The US president has hurled insults at Jerome Powell, renewing calls for the Federal Reserve to slash interest rates.

Al Jazeera

Bitcoin, Ethereum, XRP Struggle After Underwhelming Jobs Report: Will A September Rate Cut Save The Bull Run?

The odds of a Federal Reserve interest rate cut in September surged following a surprisingly weak U.S. jobs report, reigniting bullish sentiment across crypto markets heading into a traditionally volatile trading season.

Benzinga

Economists Flip To Trump's Side After Jobs Data–And Jerome Powell Is Now In Trouble

Just two days after Fed Chair Jerome Powell refused to pre-commit to a September rate cut, the U.S. labor market did it for him.

Benzinga

Trump steps up attacks on Fed’s independence amid interest rates row

US president called on top Fed officials to seize control from chair Jerome Powell if he fails to cut interest rates

The Guardian - US

Shockingly bad jobs report reveals a monthslong stall and may trigger Fed rate cuts soon. ‘Powell is going to regret holding rates steady’

“September is a lock for a rate cut, and it might even be a 50-basis-point move to make up the lost time.”

Fortune

Dow tumbles more than 500 points as job numbers shock Wall Street and tariff 'panic' sets in

Trump, meanwhile, continues to beat the drum against Fed chair Jerome Powell.

Fortune

Trump’s new tariff regime has begun after months of chaos and uncertainty. But is his approach working?

The beginning of August marks the latest deadline for US president Donald Trump’s “liberation day” tariff policy. This era of chaos and uncertainty began on April 2 and the situation remaims fluid. With the deadline for partners to secure a deal with Washington now passed, it’s a good time to…

The Conversation

Get all your
news in one place.

100’s of premium titles.
One news app.

Benzinga

Labor Market Is Cracking–And Trump Now Threatens Fed Takeover

The U.S. labor market just offered the first major reality check on President Donald Trump's tariff-driven economic uncertainty—and it's not the message investors or the White House were hoping for.

Roll Call

Trump uses lavish ballroom, pro wrestling legend to move past Epstein saga - Roll Call

President Trump needed an assist this week moving beyond the Epstein scandal. WWE legend Triple H came in to make the save.

The Guardian - US

US adds just 73,000 jobs in July amid pressure from Trump’s trade war

July jobs growth slowed amid rising signs that Trump’s tariffs are weighing on trade, prices and hiring

Fortune

Jamie Dimon doubles down on backing Powell despite Trump criticism, saying an independent Fed means lower rates

"Independence keeps interest rates lower, if you actually look through the history of interest rates a little bit," Dimon says.

Get all your
news in one place.

100’s of premium titles.
One news app.

Benzinga

Peter Schiff Slams Fed's Blind Spot: Jerome Powell 'Looking Through' Soaring Inflation While Policy Remains 'Far Too Loose'

Economist Peter Schiff is criticizing the Federal Reserve for its handling of inflation, arguing that the central bank is underestimating persistent price pressures.

The Independent UK

Jamie Dimon is holding secret meetings with Trump on economy as ice thaws between the two

JPMorgan Chase CEO reportedly used meetings to defend Federal Reserve Chair Jerome Powell

The Independent UK

FTSE 100 closes down after US inflation figures temper tech firms’ results

The index closed down 4.13 points at 9,132.81.

Benzinga

Trump's Inflation Honeymoon Is Over—And Powell's Patience Pays Off

The inflation lull that helped President Donald Trump keep pressure on the Federal Reserve is over as June's data show the tariffs are finally hitting consumer prices—and Fed Chair Jerome Powell was wise to hold his ground.

Benzinga

'Delusional World:' Analyst Slams Jerome Powell's Inaction As Experts Debate Possibility Of Six Cuts Starting September

While the Federal Reserve’s decision to hold interest rates steady was widely anticipated, a rare dual dissent and nuanced language in the FOMC statement have left experts divided on whether Chair Jerome Powell will hold steady through 2025 or embark on aggressive rate cuts.

Fortune

The Fed’s Powell said ‘downside risks’ six times in his press conference yesterday—is that bad news for tomorrow’s jobs number?

The jobs number (nonfarm payrolls, to give its technical name) is due out tomorrow. Expect stocks to react strongly if it comes in weak.

Fortune

Powell didn’t just refuse to deliver a rate cut—he also hinted a raise might have been on the cards

Powell put a cat among the pigeons by suggesting he was minded to "look through" tariff-induced inflation by not increasing interest rates.

1 … 10 11 12 13

People

Paul Triple H Levesque

34 stories

Adriana Kugler

33 stories

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations