While it’s an unlikely outcome, some investors have staked out positions in futures markets that will profit if interest rates drop immediately after Jerome Powell’s term as chair ends in May 2026.

At its last meeting, the Federal Reserve kept its benchmark interest rate in a range of 4.25% to 4.5%. That's too high for President Donald Trump, whose latest jawboning of the central bank came ...

US stocks edged higher on Wednesday as AI chip maker Nvidia (NVDA) became the first company to ever touch a $4 trillion market cap. The Dow Jones Industrial Average (^DJI) rose 0.6%, while the S&P 500 ...

Some investors have staked out positions in futures markets that will profit if interest rates drop immediately after Jerome ...

At 05:35 ET (09:35 GMT), the Dow Jones Industrial Average gained 200 points, or 0.5%, the S&P 500 index rose 30 points, or ...

The minutes from the U.S. Federal Reserve’s June policy meeting are expected to show a divided central bank wrestling with ...

If leading the Federal Reserve isn’t challenging enough, the next central bank chair will face an additional burden.

Kevin Hassett, chair of the National Economic Council, has emerged as a serious contender to succeed Jerome Powell as Federal ...

Today’s spotlight is on Fed Chair Powell’s testimony before the Senate. The market is looking for any signal that rate cuts ...

Photo: Alamy President Donald Trump on Tuesday called for Federal Reserve Chairman Jerome Powell to resign if he misled ...

President Trump's search for a successor to Federal Reserve Chair Jerome Powell is getting louder as candidates compete to criticize the central bank publicly and more options for filling that seat ...

Futures contracts hit a record price after the president announced plans for a 50 percent tariff on the metal, driving up ...