Top voices on Wall Street have expressed alarm over the idea that Trump could fire Fed Chair Jerome Powell, emphasizing the need for Fed independence.

“It’s by now widely agreed, almost all over the world: If you leave monetary policy in political hands, you’ll get too much inflation,” Alan Blinder, a professor of economics at Princeton University ...

Carlyle co-founder and the owner of the Baltimore Orioles, David Rubenstein, defended the job under beleaguered Federal Reserve Chairman Jerome Powell.

Wall Street banks are coining it in Donald Trump’s America. Goldman Sachs this week reported a 22pc jump in profits, driven ...

Trump has called for aggressive cuts. Powell and the Federal Open Market Committee, which sets rates, have taken a wait-and-see approach on interest rates, partly due to concerns about how Trump's ...

President Donald Trump said Wednesday it was "highly unlikely" he would remove Federal Reserve Chairman Jerome Powell from his post. But he suggested Powell might have "to leave for fraud" over the $2 ...

TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist Another batch of upbeat ...

TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist Another batch of upbeat U.S. economic data including solid retail sales boosted risk appetite on ...

Republican Rep. French Hill said that President Trump is "not gonna fire Jay Powell and I don't believe he can fire Jay ...

"He's a terrible, he's a terrible Fed chair. I was surprised he was appointed. I was surprised, frankly, that Biden put him in and extended him. It is my pleasure and my honor to announce my ...

Wind, distance, and pressure made it nearly impossible. But Craig Harrison’s double kill at over 2,700 yards rewrote sniper ...