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President gives vote of confidence days after lashing out over central bank’s reluctance to cut interest ratesDonald Trump has said he has no plans to fire the Federal Reserve chairman, Jerome Powell, days after calling the central bank boss a “major l…
President amps up attacks against Jerome Powell, pushing him to lower interest rates to offset impact of tariffsUS stock markets fell again on Monday as Donald Trump continued attacks against the Federal Reserve chair, Jerome Powell, who the US preside…
Acquisition expected to be completed on 18 May after Federal Reserve and currency comptroller sign off on dealThe pending merger between Capital One and Discover Financial services received approval from several regulators on Friday, bringing the $35bn…
President Donald Trump’s early morning rant against Fed Chairman Jerome Powell, during which he called for Powell’s ouster, drew quick response from political pundits.The strong reaction came after Trump posted to social media about the European Centr…
President, whose tariffs has caused turmoil, said Jerome Powell is ‘always too late and wrong’ with rate policyDonald Trump early on Thursday condemned the Federal Reserve chair, Jerome Powell, for not lowering US interest rates, and expressed a wish f…
This blog has now closed. You can read more of our US politics coverage hereEU ministers are in Luxembourg to consider the European Union’s response to Trump’s sweeping tariff regime amid continuing market turmoil and heightened fears of a global econo…
While the US economy remains robust, Jerome Powell cautions there is high uncertainty over its directionUS politics live – latest updatesDonald Trump’s global tariffs assault is set to raise prices and slow down economic growth, Federal Reserve chair J…
A trade war could push up inflation when both the UK and US economies really need cheaper borrowing. So what’s a central bank to do?Monetary policymakers on both sides of the Atlantic will be considering how seriously to take Donald Trump’s threats of …
Federal Reserve head Jerome Powell said it was in no rush to cut interest rate as government overhauls key policiesThe US economy faces a potential slowdown in consumer spending amid “heightened uncertainty about the economic outlook” among businesses,…
151,000 jobs added to economy in February, up from January as unemployment unchanged from last monthThe US labor market continued to grow in February even as threats of mass layoffs in the federal government and uncertainty around Donald Trump’s tariff…