Fed Chair Sees Elon Musk's Audit Push As Threat To Central Bank's Existence
Federal Reserve Chair Jerome Powell said he views proposals to "audit the Fed" floated by Elon Musk and others last week as a "step on the way to eliminating the Fed." ...
Morning Bid: Peace and Prices - Inflation Vies With Ukraine Talks
Even though market-based U.S. inflation expectations over two years hit their highest since shortly after the Ukraine ...
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U.S. Stock Market Braces for PPI Data as Inflation Concerns Loom
U.S. stock futures remained steady ahead of the January PPI report, crucial for understanding the Fed's future interest-rate ...
Warren: Only Congress — not Trump or Musk — can 'get rid of the CFPB'
Senator Elizabeth Warren said Wednesday that the law clearly states only Congress can shutter the CFPB, setting up a ...
Stocks tumble, dollar rallies as US inflation heats up
U.S. stock futures tumbled and the dollar rose on Wednesday after data showed consumer inflation picked up more than expected ...
Powell says Trump’s comments won’t affect interest rate decisions by the Fed
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump’s calls for lower interest ...
Dow Jones Analysis: Inflation Impact And Market Recovery
Uncertainty remains in the markets regarding how tariffs will impact global growth and inflation. The Dow Jones fell around ...
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Powell testifies in Congress as inflation remains high
Federal Reserve Chair Jerome Powell refused to testify in Congress on President Trump's remarks about the Fed's ability to ...
Trump wants lower interest rates to go ‘hand in hand’ with tariffs, but yields are soaring after inflation data came in hot
Trump has repeatedly criticized Federal Reserve Chair Jerome Powell, whom he appointed to lead the central bank in 2018.
Fed's Powell heads back to Congress as data shows inflation jump in January
Federal Reserve Chair Jerome Powell repeated on Wednesday that the central bank is in no rush to cut interest rates during a ...
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Insurance could kill mortgages in some of the US – Powell
In a wide-ranging discussion on the effects of Trump tariffs (we’ll wait and see) to mortgage rate cuts (we’ll wait and see) ...
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Powell backs leverage ratio update, Treasury market reform
During congressional testimony, Federal Reserve Chair Jerome Powell said he supports changes to the supplemental leverage ...