News

Jerome Powell blames Trump tariffs for Fed not cutting interest rates
Powell was asked if he believes the Federal Reserve would have lowered interest rates if Trump hadn't announced his "Liberation Day" tariffs in April.
Fed's Powell says dollar swap lines remain important tool
By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Chair Jerome Powell said Tuesday the U.S. central bank has no plans ...
Dollar Extends Biggest Slump in Five Decades as Trump Heaps Pressure on Fed’s Powell
The U.S. dollar index, which tracks the greenback against a basket of six global currencies, was 0.4% lower on the session at ...
Watch Fed chief Jerome Powell speak at an ECB panel in Portugal
Federal Reserve Chairman Jerome Powell is set to speak at a European Central Bank forum on Tuesday. The panel, which is ...
Jerome Powell Just Gave A Huge Gift To BDC Investors
BDCs have struggled in a tough environment, but Jerome Powell just delivered a major boost for the sector. Find out why this ...
A shadow Fed chief could lead to a ‘revolt’ on the FOMC against Powell’s successor, former vice chair warns
"If he or she contradicts what Powell is saying, that will aggravate the FOMC, almost all of whose members will still be ...