The Latest Breaking News from Jerome Powell

The chair of the Federal Reserve commands one of the most powerful positions in global finance. Whoever holds the role doesn't just steer U.S. monetary policy – but shapes the trajectory of the world's reserve currency, influencing everything from the cost of mortgages in Arizona, to the price of debt…

New CPI update shows prices increased 2.9% over the last year, but Wall Street optimistic Fed will cut interest rates

The U.S. economy created 911,000 fewer jobs than initially thought from March 2024 to March 2025, the Bureau of Labor Statistics revealed.

Jerome Powell’s Fed faces labor market weakness as Wall Street bets on rate cuts, with Jeremy Siegel and Goldman Sachs backing easing ahead.

According to author, fund manager and columnist, Ruchir Sharma, the Federal Reserve’s much-anticipated rate cut later this month, amid substantial political and economic pressures, risks igniting a dangerous asset bubble.

A private dinner at Washington's ultra-exclusive Executive Branch club turned chaotic Wednesday night after Treasury Secretary Scott Bessent reportedly went into a profanity-laced tirade at the Federal Housing Finance Agency director Bill Pulte.

President Donald Trump’s penchant to act first, ask later was on full display recently when he became the first president in American history to fire a member of the Federal Reserve Board.

“The broader market psychology has shifted,” Convera’s George Vessey says. “The question is no longer if the Fed will ease, but how fast.”

Ken Griffin warns Trump’s pressure on Jerome Powell and the Federal Reserve risks eroding U.S. institutional credibility.