A proposal from two top nominees would let the president fire board members at will, and give Congress budget authority.

Federal Reserve Chair Jerome Powell has steered the world’s most powerful central bank during a tumultuous period for the US economy, from the pandemic to a historic bout of inflation shortly after.

He flirted with trying to fire Jerome H. Powell, the Fed chair. He tried (and failed) to appoint loyalists to central bank leadership roles. As the Fed enters a new Trump era with interest rates ...

The new benchmark will range from 4.25 percent to 4.5 percent, making borrowing slightly cheaper and providing a mild stimulus ... Jerome Powell, chairman of the Federal Reserve Board of Governors ...

And in the context of a fully employed economy, more stimulus will be inflationary. Powell also said that the Fed would wait until specific tariff changes are made to analyze how they would impact ...

NEW YORK, Dec 18 (Reuters) - Federal Reserve Chair Jerome Powell said on Wednesday the U.S. central bank has no desire to be involved in any government effort to stockpile large amounts of bitcoin.

Despite the challenges, Powell struck a confident tone about the Fed's ability to bring inflation sustainably back to its 2% target. "We're not going to settle for anything less than 2%," Powell said.

de la Merced and Lauren Hirsch For weeks, Jay Powell has been sending markets the message that the Fed is entering a more ... through tax cuts and other stimulus measures. Also, tomorrow’s ...

When officials refused to comply, he blasted them as “boneheads” and an “enemy.” He flirted with trying to fire Fed Chair Jerome Powell. He tried (and failed) to appoint loyalists to central bank ...

The Fed's models are sufficiently Keynesian that continued deficit spending generates economic stimulus. And in the context of a fully employed economy, more stimulus will be inflationary. Powell ...