Trump, Jerome Powell
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Uncertainty over Federal Reserve Chair Jerome Powell’s tenure is prompting investors to assess potential market reactions should there be an premature change in leadership at the U.S. central bank.
Treasury Secretary Scott Bessent said that the Aug. 12 deadline for most U.S. and Chinese tariffs to take effect will likely be extended. "We’ll be working out what is likely an extension," Bessent told Fox Business on Tuesday,
Fed Chair Jerome Powell's upcoming speech has sparked speculation about his potential resignation and its impact on the crypto market.
We are thinking about no tax on capital gains on houses,” Trump said during an Oval Office meeting with the president of the Philippines.
There could be a revolt in global markets, including a possible collapse in the dollar and US bonds, if President Donald Trump were to take the unprecedented step of removing Federal Reserve Chair Powell from the helm of the central bank,
With the caveat that this is a low-probability event, we discuss what the implications of an early departure of Powell would mean for Treasuries and the dollar. We assume that an early departure of Powell would be followed quickly by a replacement super-dove as head of the Federal Reserve.
While Trump may be denying reports he will fire Powell, reports tell a different story. Here's what Tennesseans need to know about Powell and the Fed.
Experts weigh in on how the housing market could react if Fed Chair Jerome Powell is dismissed, and they point to economic turmoil.
Financial markets were reacting in an understandable way to conflicting reports over the future of Federal Reserve Chair Jerome Powell, and whether President Donald Trump will or won't be firing him soon.
"Toward the end of the year, the housing market may become a bigger deal for inflation than tariffs," Comerica Bank chief economist Bill Adams said.