Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

The Latest Breaking News from US Federal Reserve

Trump Looking Into Whether He Can Fire Fed Chair Jerome Powell Despite Central Bank Independence

President Donald Trump is studying whether he can fire Fed Chair Jerome Powell, said National Economic Council Director Kevin Hassett

Latin Times

Trump’s attacks on central bank threaten its independence − and that isn’t good news for sound economic stewardship (or battling inflation)

Nearly every country in the world has a central bank – a public institution that manages a country’s currency and its monetary policy. And these banks have an extraordinary amount of power. By controlling the flow of money and credit in a country, they can affect economic growth, inflation, employment…

The Conversation

Tokyo Leads Gains In Most Asian Markets On Trade Deal Hopes

Investors are also eyeing developments at the Federal Reserve as Trump hit out at boss Jerome Powell, who warned the sweeping tariffs were "highly likely to generate at least a temporary rise in inflation".

Latin Times

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

Trump's fight against the Fed

Also:

Fortune

Trump suggests he could remove US Fed Reserve Chair Jerome Powell

“If I want him out, he’ll be out of there real fast, believe me," Trump said in the Oval Office to reporters on Thursday.

Euronews

Asian markets are mostly higher as Wall Street is stuck in trade war doldrums

Asian shares are mostly higher after a bumpy ride on Wall Street

The Independent UK

Asian Markets Mixed As Traders Track Tariff Talks

Asian markets were mixed in holiday-thinned trade Friday as investors keep tabs on countries' tariff talks with the White House, while Donald Trump's remarks that he was reluctant to hike levies on Beijing even more provided a little support.

International Business Times

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

Fears of the economy tanking are now higher than they were at the height of the Covid pandemic

Dismal fund manager sentiment comes as Federal Reserve warns of increased inflation and slowing growth due to tariffs

The Independent UK

Stocks Settle Mixed as Energy Producers Rally and Health Insurers Fall

The S&P 500 Index ($SPX ) (SPY ) Thursday closed up +0.13%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -1.33%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed unchanged. June E-mini S&P futures (ESM25 ) are up +0.19%, and June E-mini Nasdaq futures (NQM25...

Barchart

Stock Market Today: No 'Powell Put'? No Problem

Investors, traders and speculators look beyond both another Trump post and more signs of slowing economic activity.

Kiplinger

Markets close mixed as Wall Street weathers a short trading week

An earnings miss by UnitedHealth Group dragged down the Dow.

Fortune

DHS threatens to bar Harvard from enrolling international students unless it shares protest info

Move comes as administration has frozen billions in federal funds and considers revoking Harvard’s tax exempt status

The Independent UK

Federal Reserve Bank of Philadelphia names Anna Paulson as president

The Federal Reserve Bank of Philadelphia has chosen Anna Paulson, a top official at the Chicago Fed, to serve as its next president

The Independent UK

Trump wants lower interest rates to ‘counteract’ the inflation from his own tariff policies

“The White House’s actions have made it harder for the Fed to cut rates,” said a Columbia Business School professor.

Fortune

Get all your
news in one place.

100's of premium titles.
One news app.

Fortune

Fed independence could take a hit from the Supreme Court

Markets would likely be very spooked if the president could choose to influence monetary policy.

Al Jazeera

Trump says Fed Chair Powell’s exit ‘can’t come soon enough’

Trump does not have the authority to force Powell to resign. The Fed chair’s term is up in May 2026.

International Business Times

Trump Rages Against Federal Reserve Chair for 'Too Late' Declaration That Tariffs Will Lead to 'Higher Inflation'

After the Federal Reserve chair warned that Trump's tariffs could stoke inflation, Trump responded with a furious social media tirade demanding his removal.

Barchart

Stocks Mixed, UnitedHealth Pulls Dow Lower

The S&P 500 Index ($SPX ) (SPY ) is up +0.87%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.07%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.44%. Stock indexes are mixed today on weakness in health insurance companies and semiconductor makers. Health...

Get all your
news in one place.

100's of premium titles.
One news app.

Latin Times

Trump Suggests He Will Seek To Remove Fed Chair Despite Legal Protections: 'Cannot Come Fast Enough'

Trump publicly blasted his feud with Federal Reserve Chair Jerome Powell, suggesting he is ready to terminate the nation's most powerful economic policymaker.

Barchart

Stocks Mixed as UnitedHealth Drags Dow Into the Red

The S&P 500 Index ($SPX ) (SPY ) is up +0.02%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -1.62%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.32%. June E-mini S&P futures (ESM25 ) are up +0.35%, and June E-mini Nasdaq futures (NQM25...

The Independent UK

Trump suggests firing of Fed chair is coming – but he doesn’t have the power to remove him

Powell heads the Federal Reserve, the central banking system that operates as an independent entity free from political influence

Fortune

Trump says Fed chair is ‘too late’ on interest rates: ‘Powell’s termination cannot come fast enough!’

A day earlier, Federal Reserve chair Jerome Powell offered a pessimistic view of the economy because of the White House’s tariff policy.

The Guardian - US

Trump says Fed chair would resign if asked and condemns him over interest rates

President, whose tariffs has caused turmoil, said Jerome Powell is ‘always too late and wrong’ with rate policy

International Business Times

Trump Clashes With Fed Chief Powell Over Interest Rates

US President Donald Trump blasted Federal Reserve chairman Jerome Powell on Thursday for not lowering interest rates, calling him "always TOO LATE AND WRONG." "Powell's termination cannot come fast enough," Trump wrote on his Truth Social platform.

Fortune

Fed Chair Powell warns of tariff turmoil as big company stocks struggle

The economy now faces "heightened downside risks," says Powell.

1 … 191 192 193 194

People

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

Organisations

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

Topics

International Students

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.