Jerome Powell

Later today, Federal Reserve Chair Jerome Powell will hold what is probably the final meeting of his tenure. Yet, with the federal funds rate at 3.5%–3.75%, the final curveball isn’t the pressure from Washington, but a genuine stagflationary dilemma that leaves the central bank with no room...

Ray Dalio, billionaire investor and the founder of Bridgewater Associates, has issued a warning about potential moves by the Federal Reserve’s likely next chair, Kevin Warsh, to reduce interest rates, given the current state of the U.S. economy. Dalio cautioned on CNBC’s “...

Sen. Thom Tillis (RN.C.) has signaled his approval for the Senate confirmation of Kevin Warsh, the nominee for Federal Reserve chair. Tillis, who had vowed to block any Fed nominee while the Department of Justice investigated Powell, said he has now been assured the case is fully...

On Friday, a paused Justice Department probe into Federal Reserve Chair Jerome Powell drew scrutiny from Democratic lawmakers who warned it could be revived at any time. DOJ Steps Back — But Doesn't Shut The Door In a letter to U.S. Attorney for the District of Columbia Jeanine Pirro, Sens....

The criminal investigation that imperiled the Federal Reserve chairmanship ended Friday morning. The Department of Justice dropped its criminal probe against Federal Reserve Chair Jerome Powell, clearing the way for Kevin Warsh, President Donald Trump‘s nominee, to take the chairmanship when...

President Donald Trump has once again threatened to dismiss Federal Reserve Chair Jerome Powell, while insisting on the continuation of the probe into the central bank’s headquarters renovation. Trump expressed his intent to remove Powell from office if he continues to serve as a Fed...

New financial disclosures released by Kevin Warsh reveal how much President Donald Trump's pick to lead the Federal Reserve could be worth and what he holds stakes in. Kevin Warsh's Financial Disclosures Named Trump's pick to lead the Federal Reserve, Warsh could succeed current Chairman Jerome...

Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell reportedly held an urgent meeting with the CEOs of the country’s biggest banks this week to warn them about cybersecurity risks posed by Anthropic‘s newly launched AI model. The meeting took place on Tuesday at the...

Federal Reserve Chair Jerome Powell expressed concerns about the fiscal trajectory of the U.S. while addressing the students at Harvard University on Monday. Powell acknowledged that the $39 trillion debt load, while not immediately threatening, is on an unsustainable path that demands urgent...

Leading cryptocurrencies lifted on Monday, while major stocks closed lower as investors parsed President Donald Trump’s latest hints on a potential Iran ceasefire. Cryptocurrency 24-Hour Gains +/- Price (Recorded at 9:30 p.m. EDT) Bitcoin (CRYPTO: BTC) +2.04% $67,934.87 Ethereum (...

Federal Reserve Chair Jerome Powell noted during a talk at Harvard University today that the turmoil the private credit sector has seen in recent weeks is not indicative of a broader risk to the financial system. Powell added that the $3 trillion private credit industry is a “relatively small...

U.S. equity markets bounced off seven-month lows on Monday, with major indices broadly higher by midday as President Donald Trump disclosed active negotiations with a “new and more reasonable” Iranian regime while Fed Chair Jerome Powell downplayed the need for imminent rate hikes...

Gold has plummeted into a bear market, shedding over 22% from its January record highs, as soaring oil prices tied to the escalating U.S.-Iran conflict trigger fears of persistent inflation and an increasingly hawkish Federal Reserve. The Safe-Haven Paradox The precious metal hit an all-time high...

Federal Reserve Chair Jerome Powell on Wednesday warned that the escalating Middle East conflict will push U.S. inflation higher in the near term — but ruled out stagflation and described the U.S. economy as resilient. Powell’s remarks came after the Federal Open Market Committee held the...

On Thursday evening, U.S. stock futures climbed while oil hovered near $95 a barrel. Dow, S&P 500, Nasdaq Futures Rise As Oil Stays Elevated U.S. equity futures pointed higher in late trading. Dow futures rose 247 points, or 0.53%, to 46,968. S&P 500 futures advanced 30.25 points, or 0.45...