Japan’s Nikkei 225 hits all-time high after US inflation remains steady
Asian stock markets see big gains amid growing expectations of an interest rate cut by the US Federal Reserve.
Asian stock markets see big gains amid growing expectations of an interest rate cut by the US Federal Reserve.
The latest reading paves the way for the Federal Reserve to cut interest rates in September
US president has pressured Powell to lower interest rates and criticised him for the Federal Reserve’s renovation costs.
The US president said on Tuesday that he might allow a 'major lawsuit against' Jerome Powell to proceed over cost overruns for the renovation of the Federal Reserve headquarters. He has lashed out at Powell over the Fed's decisions to keep interest rates steady since its last cut in December.
President Trump plans to nominate Stephen Miran to fill a vacant seat on the Federal Reserve's board of governors, but only for the next six months.
White House economist set to fill seat vacated by Adriana Kugler
President Trump selected Stephen Miran, his top economic adviser, to temporarily fill a seat on the Federal Reserve Board that was unexpectedly vacated.
Federal Reserve Governor Kugler steps down, giving 'very happy' Trump a slot to fill
American and European stocks retreat from record highs as expectations grow that the Federal Reserve will cut interest rates after weak jobs data
The US president has hurled insults at Jerome Powell, renewing calls for the Federal Reserve to slash interest rates.
The European Union reaches a preliminary trade deal with America, the Federal Reserve keeps its benchmark interest rate on hold—and more
Also in today’s newsletter, US president hints at limits to relationship with Netanyahu
President Trump wants the Federal Reserve to slash borrowing costs, but it is unlikely to take such steps even once it begins to lower interest rates.
But for the markets, Jerome Powell still sets the mood
A divided Federal Reserve has defied pressure from US President Donald Trump to lower the rates.
The US Federal Reserve left interest rates unchanged on Wednesday, despite pressure from Donald Trump, yet two Fed Governors, Christopher Waller and Michelle Bowman, dissented, for the first time in over 30 years.
The Federal Reserve defied President Trump, keeping interest rates unchanged at 4.25-4.5 per cent
Federal Reserve officials left interest rates unchanged for a fifth consecutive meeting, despite badgering from President Trump to lower borrowing costs.
Federal Reserve holds rates steady despite Trump’s calls for lower borrowing costs
The Federal Reserve is expected to leave its benchmark interest rate unchanged, but a rate cut is possible in September. President Trump has been urging the central bank to lower borrowing costs.
sWashington-based fund intervenes as President Trump continues to urge Jerome Powell, chairman of the Federal Reserve, to lower interest rates
Jerome Powell, the Federal Reserve chair, is facing relentless attacks from President Trump and divisions in his own ranks over when to cut interest rates.
President says private talks with the Federal Reserve chairman were positive — despite them bickering about a renovation project
Federal Reserve chairman contradicts the US president after Trump handed him a list of ‘cost overruns’ for Fed headquarters renovations
President Trump is used to world leaders bowing to him, and to cabinet members fawning. Jerome Powell, the Federal Reserve chair, took a different approach.
In an awkward exchange in front of reporters on Thursday, the president and Federal Reserve chairman Jerome Powell argued over renovation costs of the 88-year-old building. Trump struck a more conciliatory tone later in the day, telling reporters they'd had a 'productive talk' on the economy, with 'no tension.'
President Trump visited the Federal Reserve to inspect an ongoing renovation and disagreed with the Fed chair about the project's final cost in an extraordinary moment.
The US president and Federal Reserve chair bickered over the cost and timeline of the Fed’s headquarters renovation project during a tour.
US leader clashes with central bank chief over costs of refurbishment of headquarters
President Trump seemed willing to allow Jerome Powell to complete his term as chair of the Federal Reserve — at least for now. His comment comes as he and his administration continue to attack Powell.
Also in today’s newsletter, meet the Republicans flocking to Iowa
Treasury secretary is latest top Trump administration official to criticise the central bank
President Trump has long hectored the Federal Reserve to lower borrowing costs. One of its top officials thinks the central bank should do so.
The president has a number of options to take action against Jay Powell, but they all come with risks
Former president of the Federal Reserve Bank of Cleveland Loretta Mester says it's important that the Fed stays independent and that fiscal politics should not interfere with monetary policy makers and their decisions.
The Federal Reserve, prediction markets, the Democrats, the Shipping Forecast, bed-ins and sex work
Firing a Federal Reserve chair is a legally knotty endeavor and one that has not been tested in modern U.S. history.
Concern over independence of the Federal Reserve fuels slide in currency
Unemployment unexpectedly falls, ending hopes that the Federal Reserve will cut interest rates soon
The Federal Reserve chair said the central bank would make decisions on interest rates based on data.
Doveish comments from head of the Federal Reserve come after sustained pressure from President Trump
President Trump has repeatedly attacked Jerome Powell, chair of the Federal Reserve, for resisting his demands for lower interest rates.
Nato members decided on increased defence spending, the Federal Reserve is planning …
Federal Reserve Chair Jerome Powell, under continued attack from President Trump, says the impact of tariffs on inflation should become clearer in the coming months.
The Federal Reserve kept interest rates unchanged at 4.25 per cent to 4.5 per cent despite pressure from President Trump
Signs of property market weakness come hours ahead of Federal Reserve’s decision on interest rates
The president has urged the Federal Reserve chairman Jerome Powell to act as figures show the US added 139,000 jobs in May
Renewed attack on Federal Reserve comes after official data shows weakening employment growth
The former IMF, Bank of Israel and Federal Reserve official died on May 31st
It was the eighth rate cut in the past year, extending the bank’s divergence from the Federal Reserve, which has held rates steady since the end of last year.
US president says Federal Reserve has been too slow to lower borrowing costs in contrast to ECB
The president has renewed his attack on the Federal Reserve chairman, citing a disappointing jobs report and the fact that Europe is cutting rates
In a likely reference to President Trump's tariff rollout, Fed Chair Jerome Powell said there was a 'great deal of uncertainty about (...) where tariff policies are going to settle out.' Analysts warn that the Trump administration's actions will likely slow growth − at least in the short run.
US Federal Reserve Chair Jerome Powell said that Donald Trump’s tariffs are creating “a great deal of uncertainty.”
The rate decision is the Federal Reserve's first since last month's tariff-related turmoil.