News

Jerome Powell says Fed in no rush to cut rates — as Trump calls him ‘dumb, hardheaded’
Federal Reserve Chairman Jerome Powell told US lawmakers he is in no hurry to cut interest rates — just hours after President ...
More top Fed officials are coming out in support of rate cuts next month. Here's what they're saying.
Several top Fed officials have voiced support for cutting interest rates in the week after the central bank's latest policy ...
Powell stands by 'wait and see' stance with Trump ramping up attacks on the Federal Reserve
Federal Reserve Chair Jerome Powell is sticking to his position that the central bank will keep its key rate on hold while it ...
Federal Reserve’s Bowman says rate cut should be on table in July
Federal Reserve governor Michelle Bowman on Monday said the central bank should consider cutting its key interest rate as ...
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Trump's Strategic Moves for Federal Reserve Leadership
The Trump administration is planning to appoint a successor to Federal Reserve Chair Jerome Powell when his term ends in May ...
Powell says Fed can wait to reduce interest rates as Trump demands cuts
Powell is facing two days of what could be tough grilling on Capitol Hill, as Trump has repeatedly urged the Fed to reduce ...
‘He’s a real horseman’: Waller ‘honoured’ to give veteran jockey city chances
Waller has Je Zous ($31 Sportsbet) and Age Of Kings ($23) in the listed McKell Cup (2000m). Penza is set to ride Je Zous, a ...
Trump administration eyes Fed vacancy in early 2026 to appoint Powell successor, Bessent says
Governor Adriana Kugler's term on the board expires on January 31, 2026, providing an option for President Donald Trump to ...
Rory Hutchings fit and focused on positives of ‘brain snap’ ban
Jockey Rory Hutchings heads to Rosehill on Saturday after his four-week ban for improper conduct and trying to cheat the ...
Trump says he's already considering '3 or 4 people' to replace Powell at Fed
President Donald Trump said he's already looking for a new Fed chair to replace Jerome Powell and has narrowed his search to ...
Powell on ‘Good News Rate Cuts:’ Many Paths Are Possible
Fed Governor Christopher Waller said last week that he thinks “good news rate cuts” are possible, where easing inflation leads the central bank to lower interest rates. He suggested that those cuts ...