Jerome Powell
Trump’s Treasury Secretary emerges as contender to run the Fed
A growing chorus of advisers inside and outside the Trump administration are pushing for Scott Bessent to replace Jerome Powell as the next chair of the Federal Reserve.
- Saleha Mohsin, Nancy Cook and Joshua Green
Latest
- Opinion
- Inflation
US inflation is the calm before Trump’s tariff storm
The US inflation rate was edging towards the Federal Reserve’s target range. Then Donald Trump launched his trade war on the rest of the world.
- Stephen Bartholomeusz
- Updated
- World markets
Banks weigh down flat ASX; Transurban to cut 300 jobs
The bourse closed slightly higher, as US stocks drifted in mixed trading after the Federal Reserve left its main interest alone.
- Nick Newling
- Opinion
- Interest rates
The Fed is waiting for the fog of Trump’s trade war to lift
The outcome of the rate-setting meeting is predictable because the outlook for the US economy is so unpredictable, thanks to the chaos from Trump’s trade war.
- Stephen Bartholomeusz
- Opinion
- Trade wars
Trump says Biden is to blame for America’s shrinking economy. The data says otherwise
The US president blames his predecessor for the sharemarket slump and the fall in America’s GDP. In reality, it’s the “dumbest trade war in history” that’s responsible.
- Stephen Bartholomeusz
- Opinion
- Trump's White House
The Trump administration is just making it up as it goes
Donald Trump’s backflips on his astronomical China tariffs and firing Fed chair Jerome Powell show that markets can protect the world from his worst instincts – to some extent.
- Stephen Bartholomeusz
- Analysis
- Trump's White House
Hegseth has bounced into another hot mess but Trump seems inclined to sack the wrong guy
Rather than taking a hard look at his troubled defence secretary, the president is studying how he could fire the Federal Reserve chairman for failing to cut interest rates.
- Michael Koziol
- Opinion
- Wall Street
Regulators warned the US bond market was vulnerable. Trump is proving them right
The world’s traditional havens in times of stress have themselves become sources of stress.
- Stephen Bartholomeusz
‘If I ask him to, he’ll be out of there’: Trump says he can fire Fed boss Powell
US President Donald Trump has again taken aim at US Federal Reserve boss Jerome Powell, blasting him for being too slow on lowering interest rates.
- Jordan Fabian and Derek Wallbank
What is stagflation, and why are we talking about it again?
The US President’s tariff war has brought back fears of stagnation and inflation, but why is it sending gold prices through the roof?
- Nick Newling
Original URL: https://www.theage.com.au/topic/jerome-hayden-powell-1n39