Consumers’ inflation expectations, by some measures, are also the highest in decades. Inflation has been above the Fed’s 2% ...

U.S. President Donald Trump reportedly told Republican lawmakers that he will fire Federal Reserve Chair Jerome Powell, reported CNBC, citing a senior White House official. "The President asked ...

Treasury Secretary Scott Bessent said about finding a successor to Fed Chair Jerome Powell, whose term ends in May 2026: ...

There could be a revolt in global markets, including a possible collapse in the dollar and US bonds, if President Donald Trump were to take the unprecedented step of removing Federal Reserve Chair ...

Kevin Hassett, one of President Donald Trump’s longest-serving economic aides, is the early frontrunner to replace Jerome Powell as Federal Reserve chief next year, according to people familiar with ...

The New York Times was first to report, Trump waved a draft letter firing Powell during a meeting with House Republicans, and ...

Scott Bessent, Secretary of the Treasury, stated that the Trump administration has formally launched the process of finding a ...

President Donald Trump has said it is "highly unlikely" he will fire the chair of the US Federal Reserve, hours after asking lawmakers whether he should sack Jerome Powell. Stock markets and the ...

Scott Bessent, before assuming his role as the Treasury Secretary, spent his career in finance, working for macro investment billionaire George Soros and noted short seller Jim Chanos, as well as ...

The search for a new Federal Reserve chair is on. Treasury Secretary Scott Bessent confirms the process to replace Jerome ...

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Top News Why the June CPI Isn't a Gamechanger for the Fed The June inflation data is likely to keep Federal Reserve officials cautious , open to cutting interest rates later this year without ...