Get all your news in one place.

100’s of premium titles.
One app.

Start reading

Get all your news in one place.

100’s of premium titles. One news app.

Start reading

The Latest Breaking News from Jerome Powell

Miners drive FTSE 100 up despite Fed probe worry

The FTSE 100 index closed up 16.10 points, 0.2%, at 10,140.70.

Evening Standard

Bill Pulte: How Trump's housing regulator became an attack dog

Pulte has been putting the pressure on Jerome Powell for months.

Axios

The FOMC has the power to pick its own chair and could keep Powell—unless the DOJ probe and Supreme Court let Trump oust him from the Fed

Powell actually wears two hats: He is chair of the Fed’s Board of Governors and chair of the Federal Open Market Committee.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

Goldman Sachs top economist says Powell probe won’t change the Fed: 'Decisions are going to be made based on employment and inflation'

President Donald Trump has frequently lambasted the Fed chair for not cutting rates more aggressively.

Fortune

What's at stake in Trump's war on Powell

So far, the markets' reaction to the Powell news is adverse, but not a run-for-the-hills alarm.

Axios

GOP lawmakers ding Powell probe as coercion, distraction

Some Republican lawmakers on Monday criticized the Justice Department’s investigation of Federal Reserve Chairman Jerome Powell.

Roll Call

Trump’s attempts to influence Fed risk 1970s-style inflation and global backlash’

Analysts warn that White House pressure on US central bank to cut interest rates could put economy in danger

The Guardian - UK

Read news from The Economist, FT, and more,
with one subscription

Ex-Fed chairs condemn Trump’s bid to weaken central bank’s independence

Statement signed by 13 former senior officials condemns ‘unprecedented’ assault on Fed’s independence

The Guardian - US

Fed Chair Jerome Powell vows to ‘stand firm in face of threats’ after Trump’s DOJ launches probe

Jerome Powell has said that the US Federal Reserve is being threatened with criminal indictment by the Trump administration.

The Independent UK

Some Republicans speak out against DoJ investigation into Fed chair

Republican senator vows to block all Fed nominations ‘until legal matter is fully resolved’

The Guardian - US

Gold Rallies, VIX Spikes as Fed Chair Powell Responds to Criminal Indictment

Over the weekend, Powell said the DoJ charges are a pretext to apply pressure over Fed rate cuts.

Barchart

Jerome Powell Warns 'Pretext' Investigation Is a Power Play That Could Undermine Fed Independence

Federal Reserve chair Jerome Powell says a 'pretext' investigation risks politicising interest rate decisions and weakening Fed independence.

International Business Times UK

Gold and silver soar after US targets Federal Reserve in Powell probe

European indexes were mixed on Monday after a rally in Asia, while US futures dipped on reports of a Justice Department probe into Fed chair Jerome Powell. The news sent gold and silver to fresh records.

Euronews

First Thing: Trump weighs ‘very strong’ military options against Iran as death toll of protesters climbs

US president claims ‘Iran wants to negotiate’ as rights groups report that regime’s crackdown on protest has killed hundreds. Plus, how Grok’s nudification tool went viral

The Guardian - UK

Get all your
news in one place.

100’s of premium titles.
One news app.

The Independent UK

Gold price soars to new record as US Federal Reserve faces threats

Gold prices surged to a new record high of 4,600 US dollars per ounce, driven by investor concerns over threats to the independence of the US central bank. The precious metal's value has increased by approximately 70% over the past year, reflecting a broader trend of investors seeking safe haven…

Barchart

Stocks Set to Open Lower Amid Fed Fears, U.S. Inflation Data and Big Bank Earnings Awaited

March S&P 500 E-Mini futures (ESH26) are down -0.64%, and March Nasdaq 100 E-Mini futures (NQH26) are down -0.82% this morning as sentiment took a hit amid escalating tensions between the Trump administration and the Federal Reserve.

Evening Standard

Gold price soars to new record as US Federal Reserve faces fresh threats

The metal climbed by around 2% on Monday morning to a high of 4,600 US dollars (£3,415) per ounce, beating a previous record set in late December.

Fortune

‘Sell America’: Investors dump U.S. assets in fear of the end of Fed independence

Wall Street analysts are almost universally negative about the news.

Get all your
news in one place.

100’s of premium titles.
One news app.

International Business Times UK

Powell: Trump Weaponising DOJ To Undermine Fed — Lawmakers Rally Behind Chair

Federal Reserve Chair Jerome Powell accuses Trump of weaponising the DOJ to pressure the Fed, sparking lawmakers' support and market jitters.

Barchart

What's Moving Markets Monday Morning?

While I wanted to talk about something else, anything else, to start the week, the latest market news was not expected, nor was it surprising.

Euronews

US opens criminal investigation into Fed Chair Jerome Powell

Powell said the investigation, linked to a testimony he gave to a Senate committee about renovations to Fed buildings, was an attempt to limit central bank independence.

The Guardian - UK

Criminal investigation into Fed chair Powell has ‘reinforced’ concerns over independence, Goldman Sachs warns, as dollar weakens – as it happened

Rolling coverage of the latest economic and financial news

Roll Call

Tillis to oppose all Fed nominees over Powell investigation

Sen. Thom Tillis said he'd oppose any nominees for the Federal Reserve due to the administration's criminal investigation of Fed Chair Jerome Powell.

The Independent UK

US futures slip while Asian shares gain as Fed chair Powell faces Trump legal threat

US futures experienced a dip on Monday, contrasting with gains across Asian markets, after Federal Reserve Chair Jerome Powell revealed the Department of Justice had served the central bank with subpoenas.

Fortune

Stock futures slide while gold and silver jump after Powell investigation raises fears over the Fed's independence

Powell said the investigation rests on “pretexts,” arguing it's retaliation for the Fed’s refusal to follow the Trump's preferences on interest rates.

1 … 6 7 8 9

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations