News

Chicago Fed president Austan Goolsbee says a move by Trump to terminate Jerome Powell would ‘undermine the credibility of the Fed’
President Donald Trump said this week Fed Chair Jerome Powell’s “termination cannot come fast enough.” That’s led to a debate ...
Chicago Fed Chair Goolsbee Agrees With Bessent: 'Fed Independence Is A Jewel Box,' Awaits Tariff Revisit Before 'Jumping To Action'
Chicago Federal Reserve President Austan Goolsbee has underlined the need to wait for policy action on tariffs before jumping ...
President Trump says he has ‘no intention’ of firing Federal Reserve Chair Jerome Powell
President Donald Trump said Tuesday he has no plans to fire Federal Reserve Chair Jerome Powell, just days after his ...
Stock market slumps as Trump renews criticism of Federal Reserve Chair Jerome Powell
The stock market tumbled Monday as Wall Street grapples with ongoing tariff uncertainty and President Trump's attacks on ...
Trump tariffs could lead to a summer drop-off in economic activity after an ‘artificially high' start, Chicago Fed chief says
Chicago Fed president Austan Goolsbee forecasts a potential short-term economic bump from President Trump’s tariffs, followed ...
Trump’s attacks on Fed’s Powell ramp up GOP’s economic fears
President Trump’s ramped-up attacks on Federal Reserve Chair Jerome Powell have Washington Republicans bracing for a ...
Chicago Fed Research Director Will Lead Philadelphia Fed
Anna Paulson will get a turn voting on the Federal Reserve’s rate-setting committee next year.
Wall Street and the dollar tumble as Trump repeats attacks on Fed Chair Powell
U.S. government bonds and the value of the U.S. dollar sinking is unusual because Treasurys and the dollar have historically ...
Fed's Powell says tariffs could lead to inflation, economic slowdown
Federal Reserve Chair Jerome Powell said in a speech today that President Trump's tariffs are likely to boost U.S. inflation.
Trump slams Jerome Powell as 'Mr. Too Late,' calls Fed chairman a 'major loser'
President Donald Trump slammed Federal Reserve Chair Jerome Powell on social media, calling him a "major loser" and "Mr. Too ...
Chicago economist Anna Paulson will take over Philly Fed as Trump pressures central bank to cut the price of money
Anna Paulson, a career economist at the Federal Reserve’s Chicago bank, takes over in Philadelphia as President Trump is ...