Reuters reports the White House earlier this year explored the option of stripping Jerome Powell of his Federal Reserve chairmanship and demoting him. White House economic adviser Larry Kudlow declined..
According to Business Insider, The White House reportedly looked into demoting Federal Reserve Chairman Jay Powell in February, a few months after the central bank last hiked interest rates.
On Monday, US President Donald Trump's administration on Monday cut hundreds of millions of dollars in aid to El Salvador, Guatemala, and Honduras. According to Business Insider, the plan will likely..
Facing persistent pressure from President Trump and financial markets to lower interest rates, the Federal Reserve holds a two-day meeting this week which could lay the groundwork for a rate cut later..
Credit: Reuters - Business (Amazon FireT Duration: 02:08Published
On Monday, the S&P 500 edged higher. Investors awaited a Federal Reserve meeting that is expected to lay the groundwork for an interest rate cut later this year. Based on the latest available data, the..