Federal Reserve Chair Jerome Powell, nearing the end of his second four-year term as the chairman of America’s central bank, seems exhausted with the spotlight. After months of being badgered by President Donald Trump to cut interest rates, to having the ...

A sharp slowdown in hiring poses a growing risk to the US economy, Federal Reserve Chair Jerome Powell said Tuesday, a sign that the Fed will likely cut its key interest rate twice more this year. Powell said in written remarks that despite the federal ...

Federal Reserve Chair Jerome Powell on Tuesday emphasized that a sharp slowdown in hiring poses a growing risk to the U.S. economy, a sign that the central bank will likely cut its key interest rate twice more this year. Powell, who spoke today before the ...

Treasury Secretary Scott Bessent on Monday confirmed the names of five candidates to replace Jerome Powell as chair of the powerful Federal Reserve next year.On an Air Force One flight to Asia with President Donald Trump, Bessent said he would engage in a ...

Kevin Hassett, director of the National Economic Council, is being touted by prediction markets as the leading candidate to replace Federal Reserve Chair Jerome Powell.

President Donald Trump said on Tuesday he would be announcing his choice to succeed Jerome Powell as head of the Federal Reserve early next year, further teasing out a months-long audition process despite having said he already knows who he will pick to lead the world's most important central bank.