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US Federal Reserve Chief Says Will Not Resign Early If Asked By Trump
US Federal Reserve Chair Jerome Powell said Thursday that he would not resign if asked to leave early by President-elect Donald Trump.
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Trump Backs Jerome Powell To Complete Fed Term If Re-Elected: Report
US presidential nominee Donald Trump would let Federal Reserve Chair Jerome Powell complete his four-year term to 2026 if he returns to the White House, he said in an interview published Tuesday.
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Trump Asks Who Is Bigger Enemy, US Central Bank Chief Or China's Xi
President Donald Trump reacted furiously on Friday after Federal Reserve Chair Jerome Powell spoke about the trade war with China and economic risks to the United States, asking whether his appointee to the US central bank was a greater "enemy" than China's leader Xi Jinping.
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Federal Reserve Cuts Interest Rates For First Time Since 2008
Fed Chairman Jerome Powell cited signs of a global slowdown, simmering US trade tensions and a desire to boost too-low inflation in explaining the central bank's decision to lower borrowing costs for the first time since 2008.
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Trump Believes He Has Authority To Demote Fed Chair Jerome Powell: Report
US President Donald Trump believes that he has the authority to replace Federal Reserve Chair Jerome Powell and demote him to be a board governor, but is not planning to do so presently, Bloomberg reported on Wednesday, citing people familiar with the matter.
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US Central Bank Holds Rates Steady, Sees No Strong Case For Moving In Either Direction
Fed policymakers said ongoing economic growth, a strong labour market and an eventual rise in inflation were still "the most likely outcomes" as the US expansion nears its 10-year mark.
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Macro Data, Q3 Results, Crude Oil Prices To Guide Markets Next Week: Experts
Last week, global relief rally following the resolution of a standoff between US President Donald Trump and Federal Reserve Chairman Jerome Powell lifted the equity markets.
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"Can't Tell You When Government Will Reopen": Trump Sticks To His Wall
President Donald Trump said Tuesday that he intends to keep the federal government closed until he secures the desired funding from Congress for his promised border wall, and he cast doubt about the performance of Federal Reserve Chairman Jerome H. Powell after a sharp downturn in U.S. stock markets.
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Trump Discussed Firing US Central Bank Chief After Rate Hike: Report
President Donald Trump has discussed firing Federal Reserve Chairman Jerome Powell as his frustration with the central bank chief intensified following this week's interest-rate increase and months of stock-market losses, according to four people familiar with the matter.
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Federal Reserve Says Rates "Near Neutral", Hints End To Aggressive Hikes
Federal Reserve Chair Jerome Powell injected investors with a strong dose of optimism on Wednesday, saying that the central bank's policy rate is now "just below" estimates of a level that neither brakes nor boosts a healthy US economy.
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US Federal Reserve Keeps Interest Rates Unchanged
"The labour market has continued to strengthen and ... economic activity has been rising at a strong rate," the US central bank said, leaving intact its plans to continue raising rates at a gradual pace.
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Donald Trump Calls US Federal Reserve His "Biggest Threat"
President Donald Trump reignited his controversial criticism of the central bank Tuesday, calling the Federal Reserve his "biggest threat."
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US Federal Reserve Keeps Interest Rates Unchanged
The Fed said economic growth has been rising strongly and the job market has continued to strengthen while inflation has remained near the central bank's 2 per cent target since its last policy meeting in June, when it raised rates.
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Wall Street Slumps 2% Following Remarks By New Central Bank Chief Jerome Powell
Stocks already were sharply lower before the comments following US President Donald Trump's latest tariff threat late Thursday on Chinese imports, which revived fears of a trade war between the two countries.
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Trump Appointee Jerome "Jay" Powell To Take The Helm At US Federal Reserve
Jerome "Jay" Powell, the Republican former investment banker tapped by President Donald Trump to lead the US Federal Reserve, will take the reins of monetary policy starting Monday.
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US Federal Reserve Chief Says Will Not Resign Early If Asked By Trump
US Federal Reserve Chair Jerome Powell said Thursday that he would not resign if asked to leave early by President-elect Donald Trump.
-
Trump Backs Jerome Powell To Complete Fed Term If Re-Elected: Report
US presidential nominee Donald Trump would let Federal Reserve Chair Jerome Powell complete his four-year term to 2026 if he returns to the White House, he said in an interview published Tuesday.
-
Trump Asks Who Is Bigger Enemy, US Central Bank Chief Or China's Xi
President Donald Trump reacted furiously on Friday after Federal Reserve Chair Jerome Powell spoke about the trade war with China and economic risks to the United States, asking whether his appointee to the US central bank was a greater "enemy" than China's leader Xi Jinping.
-
Federal Reserve Cuts Interest Rates For First Time Since 2008
Fed Chairman Jerome Powell cited signs of a global slowdown, simmering US trade tensions and a desire to boost too-low inflation in explaining the central bank's decision to lower borrowing costs for the first time since 2008.
-
Trump Believes He Has Authority To Demote Fed Chair Jerome Powell: Report
US President Donald Trump believes that he has the authority to replace Federal Reserve Chair Jerome Powell and demote him to be a board governor, but is not planning to do so presently, Bloomberg reported on Wednesday, citing people familiar with the matter.
-
US Central Bank Holds Rates Steady, Sees No Strong Case For Moving In Either Direction
Fed policymakers said ongoing economic growth, a strong labour market and an eventual rise in inflation were still "the most likely outcomes" as the US expansion nears its 10-year mark.
-
Macro Data, Q3 Results, Crude Oil Prices To Guide Markets Next Week: Experts
Last week, global relief rally following the resolution of a standoff between US President Donald Trump and Federal Reserve Chairman Jerome Powell lifted the equity markets.
-
"Can't Tell You When Government Will Reopen": Trump Sticks To His Wall
President Donald Trump said Tuesday that he intends to keep the federal government closed until he secures the desired funding from Congress for his promised border wall, and he cast doubt about the performance of Federal Reserve Chairman Jerome H. Powell after a sharp downturn in U.S. stock markets.
-
Trump Discussed Firing US Central Bank Chief After Rate Hike: Report
President Donald Trump has discussed firing Federal Reserve Chairman Jerome Powell as his frustration with the central bank chief intensified following this week's interest-rate increase and months of stock-market losses, according to four people familiar with the matter.
-
Federal Reserve Says Rates "Near Neutral", Hints End To Aggressive Hikes
Federal Reserve Chair Jerome Powell injected investors with a strong dose of optimism on Wednesday, saying that the central bank's policy rate is now "just below" estimates of a level that neither brakes nor boosts a healthy US economy.
-
US Federal Reserve Keeps Interest Rates Unchanged
"The labour market has continued to strengthen and ... economic activity has been rising at a strong rate," the US central bank said, leaving intact its plans to continue raising rates at a gradual pace.
-
Donald Trump Calls US Federal Reserve His "Biggest Threat"
President Donald Trump reignited his controversial criticism of the central bank Tuesday, calling the Federal Reserve his "biggest threat."
-
US Federal Reserve Keeps Interest Rates Unchanged
The Fed said economic growth has been rising strongly and the job market has continued to strengthen while inflation has remained near the central bank's 2 per cent target since its last policy meeting in June, when it raised rates.
-
Wall Street Slumps 2% Following Remarks By New Central Bank Chief Jerome Powell
Stocks already were sharply lower before the comments following US President Donald Trump's latest tariff threat late Thursday on Chinese imports, which revived fears of a trade war between the two countries.
-
Trump Appointee Jerome "Jay" Powell To Take The Helm At US Federal Reserve
Jerome "Jay" Powell, the Republican former investment banker tapped by President Donald Trump to lead the US Federal Reserve, will take the reins of monetary policy starting Monday.
