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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…
Market cools as number of jobs added comes in lower than the 180,000 that economists had been expectingThe US added fewer than expected jobs in October and the unemployment rate rose amid signs that the white-hot US jobs market is cooling.There were 15…
On Thursday protesters chanted: ‘Off fossil finance!’ and held a banner reading: ‘Fed Is Burning: Money, Futures, Planet’The Federal Reserve chair, Jerome Powell, was escorted out of an event Thursday afternoon after a group of climate protesters brief…
Official data shows consumer price index up to 3.7% as central bank keeps watchful eye on latest inflation figuresPrice growth held steady in the United States last month as the Federal Reserve mulls the next stage of its battle against inflation.The c…