Dollar fluctuates after US strikes on Iran, dovish Fed comments
The dollar fluctuated after U.S. strikes on Iran's nuclear facilities, with Fed Governor Bowman indicating possible rate cuts could be on the table at the central bank's next meeting.
Frustrated Trump suggests 'maybe' he will need to change his 'mind about firing' Fed chair Jerome Powell
President Donald Trump, frustrated by a lack of interest rate cuts, floated the idea of firing Fed Chair Jerome Powell as he continued lambasting Powell.
Fed governor breaks ranks with Powell, signals rate cuts could begin next month
Federal Reserve Governor Waller signaled potential interest rate cuts as early as July, despite the Fed's decision to hold rates steady over inflation worries amid Trump's criticism.
FHFA director calls for Fed Chair to resign: 'Powell is doing a great injustice to this Country'
FHFA Director William Pulte has called for Fed Chair Jerome Powell to resign from his position, accusing him of "doing a great injustice to this Country."
Larry Kudlow: Federal Reserve groupthink is a bureaucratic disease
The Fed is plagued with a bureaucratic disease. There is no diversity of thought, just a mindless war on a Tariff boogeyman
Nearly one-third of $36T national debt needs refinancing as Trump demands rate cuts
The Treasury Department faces the challenge of refinancing $11 trillion in U.S. debt within a year as President Trump calls for the Fed to cut interest rates to lower debt costs.
Who could replace Fed Chair Powell? These are the top contenders
Federal Reserve Chair Jerome Powell during a Wednesday press conference addressed the criticism he's faced from President Donald Trump about interest rates.
Top economist warns America is heading toward economic disaster the Fed can't fix
Euro Pacific Asset Management Chief Economist Peter Schiff warned of stagflation and possible hyperinflation, arguing higher interest rates are needed.
Federal Reserve leaves key interest rate unchanged for fourth straight meeting
The Federal Reserve left its benchmark interest rate unchanged at a 4.25% to 4.5% range at its June meeting, making it the fourth consecutive meeting in which it held rates steady.
Trump slams 'stupid' Fed Chair Jerome Powell ahead of interest rate decision
President Donald Trump slammed Federal Reserve Chairman Jerome Powell as "stupid" before the central bank's interest rate announcement on Wednesday afternoon.
Will pressure from Trump and Vance spur Powell to cut interest rates?
Federal Reserve likely to keep interest rates unchanged for fourth straight meeting despite President Donald Trump and Vice President JD Vance's criticism, with markets anticipating potential cuts later this year.
Oil, gold jump, stocks sink as Israel pummels Iran
Market reaction to Israel's attacks on Iranian nuclear sites sends oil and gold prices jumping while the Dow, S&P 500 and Nasdaq sink as investors abandon riskier assets.
Trump eyes Cabinet member to replace 'Mr Too Late' Powell at the Fed: report
Trump is reportedly considering Treasury Secretary Scott Bessent among top contenders to replace Fed Chair Jerome Powell, who he has criticized over interest rates.
Vance echoes Trump's call for Fed's Powell to cut interest rates: 'Monetary malpractice'
Vice President JD Vance echoed President Donald Trump's calls for the U.S. central bank to lower interest rates, saying its refusal to do so is "monetary malpractice."
Consumers are paying the costs for Trump's tariffs: New York Fed
Federal Reserve Bank of New York finds 75% of businesses facing tariff-induced cost increases are raising prices amid uncertainty about future tariff policies.
Trump urges Fed's Powell to cut interest rates by full percentage point: 'Rocket Fuel!'
President Donald Trump criticized Federal Reserve Chairman Jerome Powell again, calling him "Too Late," and argued for a full percentage point interest rate cut.
Trump calls on 'Too Late' Powell to lower interest rates after dismal ADP jobs report
After ADP revealed a sharp drop in private sector job growth in May, President Donald Trump called on Fed Chair Jerome Powell to lower interest rates.
Fed's favored inflation gauge shows consumer prices eased in April
The Fed's preferred inflation gauge, the PCE index, showed that price growth eased in April as inflation numbers trended closer to the central bank's target.
Fed Chair Powell meets with Trump at the White House
Fed Chair Jerome Powell and President Donald Trump met at the White House for the first time in the president's second term, the Federal Reserve announced.
Fed saw inflation, jobless, stability risks at May meeting, minutes show
Rising inflation and unemployment pose challenges for the Federal Reserve amid tariff uncertainties, as officials weigh economic risks and policy responses.