2026
Trump Says He Won’t Try To Remove Fed Chair Jerome Powell Despite Past Disagreements
President-elect Donald Trump stated that he will not remove Federal Reserve Chair Jerome Powell.
President-elect Donald Trump stated that he will not remove Federal Reserve Chair Jerome Powell.
The Fed is almost certain to hold its benchmark overnight interest rate steady, with investors placing nearly a 100% probability on that outcome.
Regulators and traders were trying to gauge the impact of a ransomware attack on the Industrial and Commercial Bank of China.
Federal Reserve Chair Jerome Powell took the hot seat in Capitol Hill after delivering the Semi-Annual Monetary Report to Congress.