Actions of the central bank can be mistaken. But long history shows that no matter the party, presidents often push for ...

U.S. inflation accelerated in January, unwelcome news to markets, companies and consumers hoping for interest rate relief, as unflappable Federal Reserve chief Jerome Powell sat for a second day on ...

On Wednesday, the government reported that inflation picked up last month, with consumer prices rising 3% in January from a year earlier, up from a 3 1/2 year low of 2.4% in Septe ...

The idea that America’s central bank should operate without political interference is a norm without ironclad protections, ...

And yet Federal Open Market Committee Chairman Jerome Powell says he hasn’t had any contact with the new occupant of the White House. Even before President Donald Trump got the keys to the White ...

Mr. President Donald Trump is the most unpredictable person on the planet. Turns out, Jerome Powell has been in direct and ...

Trump argued on Wednesday that Powell and the Fed "failed to stop the problem they created with inflation." ...

President Trump has been critical of Jerome Powell’s work—yet hasn’t confronted him directly. © 2025 Fortune Media IP Limited. All Rights Reserved. Use of this ...

The executive order is particularly challenging for the central bank because its insulation from short-term politics helps give it credibility in financial markets.

Economists agree that presidents’ influence on prices is fairly limited. But that doesn’t stop politicians from trying to ...

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump's calls for lower interest rates won't lead the central bank to change its rate decisions.