BofA pours cold water on what's next for rates under Powell
The Fed's three-quarter-point cuts at the end of 2025 reduced the Fed Funds Rate to a range of 3.5% to 3.75%. While the Fed ...
Goldman Sachs top economist says Powell probe won’t change the Fed: 'Decisions are going to be made based on employment and inflation'
On Sunday night, Powell confirmed in a statement he was under investigation by the DOJ related to a testimony he gave over ...
Fed's fight with DOJ could hurt prospects for more interest rate cuts
The Federal Reserve is less likely to make cuts this year as it grapples with a criminal probe, analysts say. That could ...
Why JPMorgan now sees zero rate cuts in 2026 — and a hike coming the following year
Investors are expecting two 25-basis-point rate cuts from the Federal Reserve in 2026. JPMorgan now predicts they won't get ...
‘Call This Idiot’: Trump Ordered Cabinet Secretary To Pressure Fed Chair To Cut Rates
In his new book, one-time Trump cabinet member Wilbur Ross claims the then-president threatened to remove Powell as Fed ...
Powell confirms DOJ probe into Fed, blasts Trump pressure on rates
The Department of Justice (DOJ) has opened a probe into the Federal Reserve’s ongoing renovation of its headquarters in ...
Fed seen on longer rate-cut pause after December jobs data
A drop in the unemployment rate may ease concerns at the U.S. central bank about labor market weakness, with traders betting ...
Public Broadcasting Service (PBS)
DOJ investigation of Powell sparks backlash, support for Fed independence
The Trump administration’s criminal investigation of Federal Reserve Chair Jerome Powell, which Powell said was an attempt to ...
Gold News: Gold Price Surges on Powell Investigation and Iran Tensions
Gold hits record $4620 as Powell probe and Iran tensions fuel safe-haven buying. Dollar weakness amplifies rally amid Fed ...
J.P. Morgan forecasts 2027 Fed hike; Barclays, Goldman postpone rate cut calls
J.P. Morgan predicts the U.S. Federal Reserve's next move will be a rate hike in 2027, while Barclays and Goldman Sachs ...
Powell accuses Trump’s White House of using ‘threats’ to pressure Fed on interest rate cuts
US Federal ‌Reserve Chair Jerome Powell said on Sunday the Trump administration had threatened him with a criminal indictment ...
Opinion
‘A bone-headed move.’ Trump’s shocking battle with Powell could badly backfire
President Donald Trump wants to juice the economy with dramatically lower interest rates, to take credit for a booming stock market and, perhaps most of all, for his handpicked Fed chair to get off ...