Jerome Powell
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Federal Court Blocks Trump Administration Subpoenas for Jerome Powell
A federal judge has ruled against the Trump administration’s attempt to use grand jury subpoenas to compel testimony from Federal Reserve Chair Jerome Powell, marking a major victory for institutional independence.
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Trump’s $1.5 Trillion Defense Budget Could Add $6.9 Trillion to National Debt
A watchdog group estimates Donald Trump’s proposed defense spending increase could add nearly $7 trillion to the national debt over a decade, raising alarms.
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Powell: US Inflation Expectations Critical Amid Iran War
Federal Reserve Chair Jerome Powell warns that the US economy’s response to the Iran conflict hinges on inflation expectations as market sentiment shifts toward potential rate hikes.
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Fed Holds Rates Steady Amid Inflation Fears, Signals Potential 2026 Cuts
The Federal Reserve maintained its benchmark interest rate at 3.5%-3.75%, citing persistent inflation and geopolitical shocks. Projections suggest a potential rate cut by year-end 2026, but market reactions remain cautious.
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DOJ Appeals Judge’s Block on Fed Subpoenas in Powell Probe
The U.S. Department of Justice is appealing a judge’s decision to block subpoenas related to the criminal investigation into Federal Reserve Chair Jerome Powell. This move intensifies scrutiny on Powell’s testimony and the Fed’s independence.
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Federal Judge Blocks Trump Subpoenas for Fed Chair Powell
A federal judge has blocked subpoenas issued by the Trump administration to Federal Reserve Chair Jerome Powell, preventing their enforcement.
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Fed Pauses Rate Cuts Amid Political Pressure, Powell Defends Independence
The Federal Reserve held interest rates steady on January 28, 2026, for the first time since July, amidst a criminal probe targeting Chair Jerome Powell and ongoing political challenges to the central bank’s independence.
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Powell Affirms Fed Policy ‘Appropriate’ Amid Rate Hold, Dollar Rebound
Federal Reserve Chair Jerome Powell stated Wednesday that the current monetary policy stance is ‘appropriate,’ even as inflation remains elevated and the FOMC held interest rates steady. The U.S. dollar rebounded following these remarks and a reaffirmation of strong dollar…
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Rick Rieder Emerges as Fed Chair Frontrunner Amid Rate Debate
BlackRock’s Rick Rieder has emerged as the leading candidate to succeed Jerome Powell as Federal Reserve Chair, with President Trump expected to announce a nomination within days. This development comes amid the administration’s aggressive push for lower interest rates and…
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Trump’s Bold Economic Gambit: Challenging the Fed, Credit Cards, and Housing Affordability
President Trump’s administration is aggressively targeting the Federal Reserve’s independence, proposing a 10% cap on credit card interest rates, and banning institutional investors from buying single-family homes to combat inflation and boost affordability, sparking both hope and concern among experts.
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US Inflation Eases, Fed Holds Steady Amidst Powell Probe and Corporate Earnings
Amidst a backdrop of easing inflation, the US Federal Reserve is poised to maintain current interest rates. However, a criminal probe into Fed Chair Jerome Powell and mixed corporate earnings reports from giants like JPMorgan introduce layers of market uncertainty…
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Senator Mark Warner Warns Against Politicizing Federal Reserve and Cautions on Iran Intervention
Senator Mark Warner, a leading voice in the U.S. Senate, has issued strong warnings regarding potential political interference in the Federal Reserve’s independence and expressed significant caution about military intervention in Iran. His statements underscore critical debates shaping U.S. economic…
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Federal Reserve Cuts Rates Amid Deep Divisions, Future Policy Uncertain
The Federal Reserve approved its third interest rate cut of 2025, but deep internal divisions and political pressure have cast doubt on the future direction of US monetary policy.
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Fed Moves Toward Third Rate Cut Amid Division, While Australia Holds Steady: What This Means for Borrowers in 2025
As the U.S. Federal Reserve faces internal divisions ahead of a possible third interest rate cut and Australia’s central bank keeps rates steady, global borrowers confront shifting economic tides. Here’s what’s driving these decisions—and what it means for your finances.
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Kevin Hassett Poised to Lead Fed: Rate Cuts Loom as Trump’s Top Pick Signals Policy Shift
Kevin Hassett has emerged as the frontrunner to become the next Federal Reserve chair, as President Trump signals a dramatic shift toward rate cuts. Investors and markets are bracing for a new era of easier borrowing, with Hassett’s nomination expected…