Jerome Powell

Economy

Economist Sumerlin confirms he’s in the running for Fed chair, backs big interest rate cut

Economist Marc Sumerlin, one of nearly a dozen reported contenders for Federal Reserve chair, said Thursday he’d be interested in

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Politics

Trump says he’ll have a Fed ‘majority’ soon to push rates lower after firing Cook

U.S. President Donald Trump gestures during a cabinet meeting at the White House in Washington, D.C., U.S., August 26, 2025.

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Finance

Why Fed chief Powell’s rate cut signal lifted our non-tech stocks the most

It was a topsy-turvy week for Wall Street, saved by a big Friday rally. The market was looking at a

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Economy

Fed board contenders Miran, Bullard say Trump’s tariffs are not causing inflation

Marlo Ramirez carries slabs of beef to be prepared for a customer in a grocery store on July 22, 2025

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Politics

Lutnick suggests Lisa Cook’s refusal to accept Trump firing from Fed supports fraud claim

Lisa Cook, governor of the US Federal Reserve, during the Federal Reserve Integrated Review of the Capital Framework for Large

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Finance

Here’s what current and former Fed officials are saying about Lisa Cook investigation

Lisa Cook, governor of the US Federal Reserve, during the Federal Reserve Board open meeting in Washington, DC, US, on

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Finance

BlackRock’s Rick Rieder says a half-point rate cut by the Fed in September is possible

Rick Rieder, BlackRock’s chief investment officer for global fixed income, said July’s dismal jobs report opened the door for a

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Economy

Trump says Treasury Secretary Bessent ‘does not want’ to be Fed chair, but 4 others in

President Donald Trump told CNBC on Tuesday that he has narrowed the field of potential future Federal Reserve chairs to

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