Wall Street is charging full speed toward a September rate cut. But a couple of economic reports could crash that fantasy into a wall. Federal Reserve chair Jay Powell gave the greenlight for a ...

Is the Fed chairman, Jay Powell, going to make it through the weekend? There is talk that he is being forced to resign. President Trump, of course, is on his case daily for not dropping interest ...

A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here. If we were living in the Netflix drama of my dreams, right about now would be the ...

Sen. Bernie Moreno (R-OH) compared Federal Reserve Chairman Jay Powell to Dr. Anthony Fauci in an interview with CNN's Kaitlan Collins. KAITLAN COLLINS, CNN HOST: I think the question that people ...

Why is the Fed chairman, Jerome Powell, stubbornly clinging to his high interest rate policy? Indeed — why is Mr. Powell clinging to his job? A Federal Reserve governor, Adriana Kuegler, just ...

President Trump should not fire Jay Powell. The Fed chairman is likely to hold rates steady again at next week’s meeting, which is almost certainly a mistake. But if unemployment begins to creep ...

As of this reporting, on July 16, a little after 4 p.m. on the East Coast, President Trump is not going to fire the Fed head, Jerome Powell. And there was never any draft letter in the Oval Office ...

In a speech at the annual Jackson Hole Economic Policy Symposium, Fed Chair Jerome Powell left the door open for a possible interest rate cut in September, sending a positive signal to Wall Street ...

Jay Powell took the mic in Jackson Hole three weeks ago and a few minutes into his speech stocks began to surge. They haven’t looked back. The trigger: a strong hint that rates would be cut. I have ...