Inflation rose right before the election, posing challenges for Trump
Wednesday’s report shows inflation edged up at a 2.6 percent annual rate in October, compared with a 2.4 percent gain in the previous month.
Fed's Powell had pointed to 'bumps' in road to 2% inflation
Federal Reserve Chair Jerome Powell had mentioned last week that the road to 2% inflation would not be a straight line. "We expect there to be bumps," Powell said, at his press conference last week.
Biden laid groundwork for new factories and infrastructure, but Trump might get to cut the ribbons
Donald Trump won in large part because of voters' frustration with the economy. But when he enters office, he will inherit an ...
Fed chair’s job security depends on embattled Supreme Court precedent
As speculation continues to simmer about whether U.S. President-elect Donald Trump might try to fire Federal Reserve Chair ...
New administration brings unknowns to Fed's path on interest rates
The Federal Reserve is facing an uncertain path forward as it tries to keep inflation in check and the economy on track.
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Federal Reserve cuts interest rates, again: Trump effect?
On Thursday, just days after Donald Trump was elected President, Federal Reserve Chair Jerome Powell announced interest rate cuts by a quarter of a percentage point – to a range of 4.5% to 4.75%.
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Trump Is Coming for Jerome Powell. What It Means for Interest Rates, and 5 Other Things to Know Today.
Jerome Powell doesn’t seem to mind a rematch with Donald Trump ... Megan Leonhardt, Sabrina Escobar, and Janet H. Cho ...
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As job market slows, Fed cuts interest rates again
The Federal Reserve lowered interest rates Thursday by a quarter of a percentage point as inflation continues to cool, but a cloudy economic outlook after Donald Trump was elected again could make the ...
Powell sends one crystal clear message to Trump: Firing him is ‘not permitted under the law’
Federal Reserve Chairman Jerome Powell on Thursday said he would not resign if asked to by Donald Trump, tersely answering ...
Powell says he won’t resign for Trump, can’t be fired
Federal Reserve Chair Jerome Powell had a clear, direct response when asked during a press conference Thursday if he would ...
Fed Chair Powell stands firm amid questioning about whether Trump will push him out
Fed Chair Jerome Powell said he wouldn't resign if Donald Trump asked him to, adding that firing him without cause is "not ...