The Latest Breaking News from Jerome Powell

The consumer price index rose at annual pace of 2.6% after September saw lowest rate in more than three years

Inflation figures closely watched by US Federal Reserve; core inflation holds steady at 3.3%

Trump weighed ousting Powell in 2018, but the Fed chief told then-Treasury Secretary Steven Mnuchin that he would fight his removal, according to the Wall Street Journal.

December S&P 500 E-Mini futures (ESZ24) are up +0.33%, and December Nasdaq 100 E-Mini futures (NQZ24) are up +0.29% this morning as Donald Trump’s election victory continued to boost risk appetite, while investors looked ahead to U.S. inflation data, a fresh batch of corporate earnings reports, as well as remarks…

On Thursday, Powell was asked if he would resign if President-elect Donald Trump demanded it, and Powell simply replied “no.”

We take a look at what Donald Trump's potential economic plans could mean for inflation, the Fed and Jerome Powell. Here's what you need to know.

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 political interference.

Donald Trump's return is having no immediate impact on central bank inflation outlooks but domestic jobs figures could change the calculus for the RBA.

The stock market awaits reports from Home Depot, Disney and Cisco Systems. Cisco, Costco and Vertex are in buy zones.