News

Why isn't the Fed cutting interest rates? What to know
The central bank remains cautious, even as calls for rate cuts grow louder from the White House and other policymakers.
White House increases lower interest rate push
The White House is criticizing an expensive renovation at Federal Reserve headquarters as President Donald Trump pursues a ...
The White House just took its most aggressive stance yet against Jerome Powell
The Trump administration’s intensifying campaign against Federal Reserve Chair Jerome Powell hit a boiling point Thursday.
White House escalates war on Powell with inquiry into $700M overrun on Fed HQ
Vought sent a letter to Powell probing him with questions over the renovation of the Federal Reserve’s headquarters in Washington, D.C.
White House targets Fed chair Jerome Powell over $2.5B DC HQ renovation: ‘We’re going to hold him accountable’
Republicans believe Powell’s testimony to Congress about an ongoing $2.5 billion DC office renovation may be a way to force him to step aside.
JPMorgan CEO Dimon says markets under-pricing risk of higher US interest rates
JPMorgan Chase CEO Jamie Dimon said on Thursday he thought the financial market was underestimating the possibility of U.S.
Chances of Fed Interest Rate Cut Plunge After Strong Jobs Report
The U.S. economy added 147,000 jobs in June, beating analyst expectations, the Bureau of Labor Statistics reported.
Trump ‘OK’ with probe of Jerome Powell over ‘Palace of Versailles’ HQ revamp
Trump, who has repeatedly slammed Powell over his unwillingness to slash interest rates, added that his nemesis “should ...