Tag: Jerome Powell

US bond markets should be in revolt. Fed independence matters | Nils Pratley

Well said, Jerome Powell. The chair of the US Federal Reserve responded to news of a subpoena from the US Department of Justice with...

US hiring held firm in December capping weakest year of growth since pandemic

Hiring held firm in the US last month, official data showed, amid uncertainty over the strength and direction of the world’s largest economy.Employers added...

Fed up: inside Trump’s unprecedented bid to exert control over the US central bank

In the bowels of the US Federal Reserve this summer, two of the world’s most powerful men, sporting glistening white hard hats, stood before...

Trump demands Fed listen to him as he lines up new leader: ‘I’m a smart voice’

Donald Trump declared he “should be listened to” by the Federal Reserve, as he weighs candidates to lead the central bank amid an extraordinary...

Fed cuts interest rates by a quarter point amid apparent split over US economy

The US Federal Reserve announced on Wednesday that it was cutting interest rates by a quarter point for the third time this year, as...
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