WashingtonCNN — President-elect Donald Trump remains likely to allow Federal Reserve Chair Jerome Powell to serve out the remainder of his term, which expires in May 2026, according to a senior adviser to Trump who requested anonymity to describe private conversations. The
Markets entered a perilous new phase in the past week, one in which statistically unusual moves across asset classes are becoming commonplace. Surging volatility in what are supposed to be among the safest fixed income instruments in the world could
Jerome Powell in Wyoming Stock markets in the US ended the week sharply down following tough comments by the head of the country’s central bank, the Federal Reserve. The bank’s chairman, Jerome Powell, said the bank must continue to raise
Fed Chairman Jerome Powell on Friday pledged that the central bank will “use our tools forcefully” to attack inflation that is still running near its highest level in more than 40 years. In his annual Jackson Hole, Wyoming, policy speech,