Jerome Powell, the Federal Reserve chair, is managing a high-stakes balancing act as he grapples with a cooling labor market, rising inflation and White House pressure to cut interest rates.

A top Justice Department official on Thursday called for the head of the Federal Reserve to remove an official from its board, the day after President Donald Trump also demanded action over allegations of mortgage fraud.

Federal Reserve Chair Jerome Powell will roll back some of the strategy changes from 2020 in his speech today, The Wall Street Journal reported. Back then, officials tweaked their approach to say they

The president’s calls for Lisa Cook, a Fed governor, to resign are diverting attention from economic issues as top central bankers from around the world gather in Jackson, Wyo.

Federal Reserve Chair Jerome Powell may throw some cold water on markets Friday and remind them that a 25-basis-point interest-rate cut next month is not a done deal, said Yardeni Research's Ed Yardeni in an interview with MarketWatch.

In July 2025, an image circulated online that appeared to depict a letter of resignation from Jerome Powell, the chair of the Federal Reserve Board. U.S. President Donald Trump and others have ...

President Trump floated the idea of firing Jerome Powell — whom he first appointed Federal Reserve chair — earlier this week, after years of on-and-off criticism over interest rates.

A potential candidate to succeed Federal Reserve Chair Jerome Powell, David Zervos, said that it’s inaccurate to describe the US central bank as independent, and characterized the outgoing Fed chief as aligned with the political left.

President Donald Trump isn’t really feuding with Federal Reserve Chair Jerome H. Powell, even though the press keeps saying he is. Feuds have two sides. Trump and his allies have launched one attack after another on Powell — calling him “a moron” and “a political hack,” threatening him with criminal prosecution — while he just takes it. Some of the complaints about Powell are ...

Jerome Powell, the Federal Reserve chair, is managing a high-stakes balancing act as he grapples with a cooling labor market, rising inflation and White House pressure to cut interest rates.

European stock markets fell on Thursday and Wall Street opened lower, as traders avoided making big moves and waited for the Federal Reserve's three-day annual Jackson Hole symposium.