News

Fed Governor Steps Down Early, Giving Trump Opportunity to Shape Central Bank
The resignation comes as President Trump has openly pressured the central bank to lower interest rates and called for Jerome ...
Pressure mounts on Jerome Powell as economist Mohamed El-Erian adds his voice to calls for the Fed chair to step down
Amid this pressure, Mohamed El-Erian is calling on Federal Reserve chair Jerome Powell to call it quits — becoming one of the ...
Who Does Trump Want to Be the Next Fed Chair?
The President ruled out Treasury Secretary Scott Bessent to succeed Jerome Powell but said there are four others on his list.
Weak Jobs Report Raises Chances of a September Interest Rate Cut
The Federal Reserve held rates steady in July but two governors dissented, saying they had concerns about labor market ...
The Financial Express17h
Trump shortlists Hassett, Warsh for Fed chair role as Powell’s term nears end
Although he excluded Treasury Secretary Scott Bessent from consideration, President Donald Trump stated that he has four ...
Jerome Powell: The US Fed Chair who skipped economics and studied this subject at Princeton
Jerome Powell, US Federal Reserve Chair, studied politics at Princeton, not economics. His background in law, politics, and ...
Hassett on Trump’s next Fed chair: ‘We’ll have to see if he chooses me’
National Economic Council Director Kevin Hassett signaled in a Sunday interview that he is open to succeeding Federal Reserve ...
Fed Rates Unchanged AGAIN: Why Powell May Cut Rates In H2 Despite Tariffs Pushing Inflation Higher?
To achieve maximum employment and inflation at the rate of 2% over the longer run, the Fed decided to maintain the target ...
BusinessWorld6d
Peso sinks to P58 level on hawkish Fed
THE PESO plummeted to the P58 level on Thursday, hitting a near six-month low versus the greenback, following hawkish comments from US Federal Reserve Chair Jerome H. Powell that dampened hopes for a ...
Trump narrows Fed chair candidates to four, excluding Treasury Secretary Bessent
Trump shortlists four candidates for Federal Reserve chair, naming Kevin Warsh and Kevin Hassett as contenders after Kugler’s resignation.
5 ways that Trump’s policies are impacting summer vacation
CORRECTION: A previous version of this article incorrectly said John Percy is the president of the chamber of commerce in Niagara Falls. He is the president of the tourism promotion agency for the ...