Stock investors reacted sharply to reports that Trump may fire Fed Chair Jerome Powell, causing a nearly 1% decline. Experts warn this could lead to significant shifts in asset strategies and market dynamics.
After Trump hinted at firing Fed Chair Powell, bond markets reacted with a split in yields. This unprecedented move raises concerns about market stability and inflation expectations.
In a surprising twist, rumors swirl around Fed Chair Jerome Powell's potential resignation as pressure mounts following accusations of misleading Congress about a costly renovation project. With Trump's administration stepping up the heat, what does this mean for the economy?
In a striking accusation, Trump's budget chief, Russell Vought, claims Fed Chairman Jerome Powell has mismanaged a $2.5 billion renovation. This raises questions about compliance with federal regulations and the future of Powell's position.
As President Trump considers potential replacements for Jerome Powell, uncertainty looms over whether Powell will step down next year. With his term ending in May, Trump may need to prepare for various scenarios.
Asian stocks are on shaky ground as President Trump considers replacing Fed Chair Jerome Powell, raising concerns about the central bank's independence and market stability. With looming tariffs and inflation fears, investors are on high alert.
President Trump may soon announce a replacement for Jay Powell, stirring fears on Wall Street. As markets react, corporate leaders scramble to find a candidate against Zohran Mamdani for New York mayor.
The pound briefly soared to its highest level against the dollar in nearly four years, driven by reports of Trump possibly replacing the Fed chair. As the dollar weakens, concerns grow over the independence of the Federal Reserve.
Wall Street's main indexes showed mixed results as the market reacts to Fed Chair Jerome Powell's cautious remarks and geopolitical tensions ease between Israel and Iran. FedEx and General Mills face profit forecast challenges.
Federal Reserve Chair Jerome Powell warns that Trump's tariffs create uncertainty for the U.S. economy, influencing the Fed's decision on interest rates. Despite calls for faster cuts, Powell emphasizes caution amid inflation concerns.
