News

Chicago Fed Chair Goolsbee Agrees With Bessent: 'Fed Independence Is A Jewel Box,' Awaits Tariff Revisit Before 'Jumping To Action'
Chicago Federal Reserve President Austan Goolsbee has underlined the need to wait for policy action on tariffs before jumping ...
Trump tariffs could lead to a summer drop-off in economic activity after an ‘artificially high' start, Chicago Fed chief says
Chicago Fed president Austan Goolsbee forecasts a potential short-term economic bump from President Trump’s tariffs, followed ...
Stock market slumps as Trump renews criticism of Federal Reserve Chair Jerome Powell
The stock market tumbled Monday as Wall Street grapples with ongoing tariff uncertainty and President Trump's attacks on ...
How Trump’s Fed Fight May Undermine His Trade Negotiations
A flight from U.S. assets, including the dollar, could worsen if the president continues his attacks on the Federal Reserve, ...
Chicago Fed Research Director Will Lead Philadelphia Fed
Anna Paulson will get a turn voting on the Federal Reserve’s rate-setting committee next year.
Chicago economist Anna Paulson will take over Philly Fed as Trump pressures central bank to cut the price of money
Anna Paulson, a career economist at the Federal Reserve’s Chicago bank, takes over in Philadelphia as President Trump is ...
Wall Street and the dollar tumble as Trump repeats attacks on Fed Chair Powell
U.S. government bonds and the value of the U.S. dollar sinking is unusual because Treasurys and the dollar have historically ...
Trump slams Jerome Powell as 'Mr. Too Late,' calls Fed chairman a 'major loser'
President Donald Trump slammed Federal Reserve Chair Jerome Powell on social media, calling him a "major loser" and "Mr. Too ...
Chicago Fed president Austan Goolsbee says a move by Trump to terminate Jerome Powell would ‘undermine the credibility of the Fed’
President Donald Trump said this week Fed Chair Jerome Powell’s “termination cannot come fast enough.” That’s led to a debate ...