Fed Policy Is Better When Politics Aren’t Involved: Powell
Powell emphasized the importance of the central bank remaining independent from elected lawmakers’ wishes. “We’ll make better ...
Watch live: Powell testifies before Senate Banking Committee
Federal Reserve Chair Jerome Powell will sit before the Senate Banking Committee on Tuesday morning to testify on the agency’s monetary policy. The hearing comes as interest rates were held ...
Treasury Secretary Scott Bessent wants to bypass the Fed to lower interest rates
Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got ...
Musk on Ron Paul as Fed chair: ‘Great idea’
Elon Musk in a post on his social platform X appeared to back conservative commentator Charlie Kirk’s suggestion that former ...
Chairman Powell reiterates that the Fed is on hold for the long haul
However, the Fed chair kept out of any political discussions. He did face questions on the impact of tariffs but stuck to his ...
Fed Chair Powell says officials are in no hurry to cut interest rates
The US central bank is in no rush to slash interest rates any time soon, Federal Reserve Chair Jerome Powell told lawmakers ...
Musk suggests closer scrutiny of Fed as Powell prepares to face Congress
Billionaire Elon Musk suggested in a series of social media posts that the Fed should undergo closer scrutiny, making the ...
Trump Treasury Secretary Scott Bessent relieves some pressure on the Fed
Treasury Secretary Scott Bessent said Donald Trump is not asking the Federal Reserve to lower its short-term interest rates, ...
Trump’s focus on 10-year Treasury yield to cut borrowing costs raises curiosity — and problems
Federal Reserve Chair Jerome Powell may be breathing easier now that the Trump administration intends to focus on the 10-year ...