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The Latest Breaking News from Jerome Powell

‘We are Jerome Powell’: Gen Z finds an unlikely meme hero in the Fed chair via AI songs and fan edits

After refusing to bend to political pressure, Fed chair Jerome Powell is now the latest heartthrob.

Fortune

Criminal probe raises key question: Will Powell leave the Fed in May?

Trump said on Tuesday that he hopes to name a new Fed chair in the next few weeks. But that could get held up by the criminal investigation of Powell.

Euronews

Populism threatens the work of international agencies, Bank of England boss says

Andrew Bailey said the ‘rise of so-called populism makes the whole task harder’ for international agencies.

Evening Standard

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‘Dedollarization’ is dead: Investors discount Trump's dramas as they pile into U.S. assets

Yesterday we got some data showing that the tide may be turning against the “sell America” folks.

Fortune

Say what you will about Trump, but unlike Starmer he knows his own power – and how to use it

The right is unafraid to show its might on the world stage – meanwhile the PM is tinkering with potholes, says Guardian columnist Aditya Chakrabortty

The Guardian - UK

Tech stocks took another beating as retail investors dump the Magnificent Seven

Traders are selling down the Mag 7 but buying most of the other stocks.

Fortune

Bitcoin closes in on $100,000 in surprise surge

The original cryptocurrency is soaring after ending 2025 in a slump.

Fortune

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Jimmy Kimmel on ICE shooting of Renee Good: ‘They’re investigating the victims instead of the perpetrator’

Late-night hosts discussed the Trump administration’s deployment of yet more ICE agents to Minneapolis

The Guardian - US

Trump hits back at JP Morgan CEO’s defence of Federal Reserve

US president says Jamie Dimon was wrong to suggest he was undermining independence of central bank

The Guardian - UK

Trump's heavy hand tightens grip on U.S. economy

The Trump administration's economic interventions go far beyond typical electioneering.

Axios

Falling inflation this year should smooth way for more interest rate cuts, says Bank of England policymaker - as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

Why the world’s central bankers had to speak up against Trump’s attacks on the Fed

Central bankers from around the world have issued a joint statement of support for US Federal Reserve Chair Jerome Powell, as he faces a criminal probe on top of mounting pressure from US President Donald Trump to resign early.

The Conversation

How would a Trump takeover of the Fed affect Australia?

Central banks are given independence so they can make unpopular, inflation-beating decisions on interest rates

The Guardian - AU

Trump's attack on Fed could speed up investment pivot

A United States where the central bank lacks independence to set monetary policy is a scary prospect for investors with high exposure to the US market.

AAP

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The Guardian - US

Trump news at a glance: president vows to help ‘Iranian Patriots’ in latest signal of military action against Tehran

Administration issues warning to US citizens: ‘Leave Iran now’

The Guardian - US

Trump claims victory on US economy despite many Americans’ cost of living concerns

In speech, president delivers triumph assessment, claiming US prices are down despite official data showing otherwise

International Business Times UK

Fed Chair Jerome Powell Faces US Investigation as Central Banks Rally—A Warning Sign?

Fed Chair Powell faces a US criminal probe, sparking rare global central bank support and raising concerns over political pressure, economic stability, and the future of monetary independence.

The Independent UK

Trump uses affordability speech to air grievances and empty boasts – but offers little to bring down prices

Address to Detroit Economic Club includes few concrete proposals to address cost-of-living concerns

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The Independent UK

Wall Street executives warn Trump: Stop attacking the Fed and credit card industry

Wall Street's relationship with the Trump administration is souring

International Business Times

Mike Johnson Warns Trump's Credit Card Plan Isn't 'Thought Through' Enough

House Speaker Mike Johnson expressed his doubts about the Trump administration's plan to cap credit card interest rates to 10% for a year.

Fortune

Why the $38 trillion national debt doomed Fed independence regardless of the Trump/Powell drama, top economist says

“The reason markets didn’t react more is because we already wrecked the independence of the Fed,” said Tyler Cowen, economist and blogger extraordinaire.

The Guardian - UK

The Guardian view on Trump’s assault on the Fed: it is part of an affordability blame game

Editorial: Attacking Jerome Powell distracts from Republicans’ thin legislative record and policies that continue to squeeze American household incomes

The Independent UK

East coast could soon get rolling blackouts during summer because data centers have pushed electric grid to the limit

PJM, which services nearly 70 million Americans, could be forced to trigger blackouts during periods of high demand

The Independent UK

Jeanine Pirro tries to soften her investigation into fed chair Jerome Powell

District of Columbia U.S. Attorney Jeanine Pirro says subpoenas to the Fed were needed because the central bank ignored a previous request for information

Reason

The 6 Ways Trump Tried To Control the Economy Last Week

From defense contracting and mortgage finance to credit, housing, and monetary policy, Trump is leaning heavily on command-and-control economics.

1 … 6 7 8 9

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