News

Federal Reserve says building renovation complies with law, defends costs
Federal Reserve Chair Jerome Powell on Thursday said the agency’s renovation of its office complex in Washington complies ...
SEE IT: The pricey Federal Reserve renovation project at center of controversy
Fed Reserve Chair Jerome Powell responded to the Trump administration's inquiry about its $2.5 billion headquarters ...
Federal Reserve's Waller says central bank should cut rates at next meeting
A top Federal Reserve official said late Thursday that the central bank should cut its key interest rate later this month, ...
Powell once said he couldn’t imagine leaving the Fed early—other than dying. ‘You will not see me getting in the lifeboat’
"It doesn't occur to me in the slightest that there would be any situation in which I would not complete my term other than ...
Federal Reserve independence at risk from Trump's pressure campaign, J.P. Morgan warns
J.P. Morgan warned in a note that Trump's pressure on the Federal Reserve and threats to fire Chair Powell could undercut ...
Wall Street Hates the Idea of a ‘Shadow’ Fed Chair. It May Already Have One
The Federal Reserve may already have the so-called shadow chairman that President Donald Trump has said he might soon appoint ...
'Reduce the credibility dramatically of the central bank.' Trump attacks the Fed chair, sending a chill through the global economy
The escalating campaign by Donald Trump against the Federal Reserve chairman is unnerving the global economy. Ron Insana and ...
'Ripping the fabric of the universe:' Trump targets Powell, and investors react
President Donald Trump on Wednesday appeared to escalate his attacks on Federal Reserve Chair Jerome Powell, a step investor ...