Donald Trump's desire to remove Jerome Powell as chair of the Federal Reserve is unlikely to alter Fed decision making or have a significant effect on financial markets, as the Fed is independent from ...

President Donald Trump’s nominee to the Federal Reserve Board has implications for the central bank's monetary policy ...

Stephen I. Miran may spend only a few months on the central bank’s board of governors, but in that time he can influence the ...

JPMorgan Chase & Co.’s top U.S. economist now expects the Federal Reserve will cut interest rates three times in 2025, ...

The way the Fed is designed, there isn’t too much the new Fed chair can do outside of setting a change in tone and publicly pushing for a new direction.

Stephen Miran has also questioned the Fed’s institutional legitimacy, highlighting how policy debates have evolved into ...

The property industry has welcomed the Bank of England’s (BoE's) decision to reduce the base rate by 0.25 percentage points ...

“By selecting Miran, Trump has made a stop-gap appointment and given himself until January to make the main call,” said ...

President Donald Trump will nominate Stephen Miran, chair of the White House Council of Economic Advisers, to the Federal ...

Reactions may include a positive move if current Fed Governor Christopher Waller is picked, signaling continuity of ...

UK interest rates have been cut by 0.25 percentage points to 4.00%, with concerns over economic weaknesses trumping rising ...