President-elect Donald Trump’s favorite barometer of his success — the stock market — had been humming since his reelection. Business-friendly promises of deregulation and tax cuts got investors excited with anticipation of unlocked profit and easy money.
President-elect Donald Trump, in an interview with NBC's "Meet the Press" that aired on Sunday, said he didn't have plans to oust Jerome Powell from his post as Federal Reserve chair. Ask
Federal Reserve Chair Jerome Powell has ruled out the possibility of the central bank adding Bitcoin to its balance sheet, citing legal restrictions under the Federal Reserve Act. Powell addressed the issue during a Dec. 19 press conference, emphasizing that the Fed is not pursuing any legislative changes to alter this position.
Then here comes Bitcoin, the decentralized, no-rules wild card of global finance. It’s absolutely no surprise that Powell is skeptical. But the reasons for
Federal Reserve Chair Jerome Powell hinted Wednesday that the economic policies of President-elect Donald Trump are starting to become top of mind for the central bank.
President-elect says he has no plans to ask or order Powell to step down, in spite of past criticism of the monetary body
But the president-elect, who during his first term repeatedly threatened to replace Powell, claimed the board chair would resign "if I told him to."
Powell's more than six years as Fed chief have been consequential, but the coming months could present new challenges.
President-elect Donald Trump says he loves low interest rates, but his talk of imposing tariffs is pressuring the Federal Reserve to keep rates higher for longer.
Trump added that he didn’t think Powell, who he has sparred with in the past over interest rate levels, would go quietly
Yeah, I feel that strong President-elect Donald Trump said in an interview that aired on Sunday that he has no plans to remove Federal Reserve Chair Jerome Powell. Appearing on NBC’s “Meet the ...
Bond traders have rarely suffered so much from a Federal Reserve easing cycle. Now they fear 2025 threatens more of the same.