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.

This on-again, off-again approach has fueled a wave of uncertainty, compounding concerns over monetary policy and the ...

Apart from the boost which an interest rate cut would provide for the speculators in financial markets, one of the factors in ...

The president reportedly brandished a letter firing the Fed chair, then backed off, saying he likely wouldn’t dismiss him ...

Fed independence is ‘something we should fight to preserve,’ says David Solomon, CEO of Goldman Sachs. The nation’s biggest ...

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

President Donald Trump this week said he had discussed with a group of Republican lawmakers the possibility of firing Federal Reserve Chair Jerome Powell, before walking back such plans, calling them ...

In 1997, billionaire Carlyle co-founder David Rubenstein hired a then-relatively unknown member of the George H.W. Bush ...

Consumers' inflation expectations, by some measures, are also the highest in decades. Inflation has been above the Fed's 2% ...

Consumers’ inflation expectations, by some measures, are also the highest in decades. Inflation has been above the Fed’s 2% ...

Crypto bills advance to debate, United Airlines earnings beat expectations, Labubu dolls give Pop Mart a boost, and more news to start your day.

Whether Federal Reserve Chair Jerome Powell is fired next week, forced to resign in six months or allowed to muddle through to the end of his term next May, the supposedly sacrosanct notion of Fed ...