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Trump calls on Fed governor to resign
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· 15h
Trump says he will fire Fed governor Lisa Cook if she doesn't resign
"I'll fire her if she doesn't resign because what she did was bad," Trump told reporters in response to a question during an appearance in Washington outside the White House.
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· 3h
Jackson Hole live updates: Can Trump fire Fed Governor Lisa Cook?
Federal Reserve policymakers gather in Jackson Hole for their annual policy symposium, searching for clues on the path of interest rate cuts.
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· 19h
Trump threatens to fire Fed’s Lisa Cook if she doesn’t resign
The president can fire members of the Federal Reserve board for cause, but it’s unclear if the allegations alone would reach that standard.
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Powell Hints at a Rate Cut
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· 1d
Stock Futures Rise Ahead of Powell's Fed Speech But Rate-Cut Jitters Remain
Stock futures were rising early Friday ahead of Federal Reserve Chair Jerome Powell’s keynote speech at the symposium in Jackson Hole, Wyoming. Investors are growing slightly less confident about inte
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· 1d
Asian shares are mixed after Wall Street fell to its 5th straight loss
Asian shares were mixed on Friday after Wall Street fell to a fifth straight loss, hurt by losses for Walmart and worries over coming cuts to interest rates.
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· 22h
Wall Street rallies on hopes for lower interest rates
Trump, meanwhile, has angrily pushed for cuts to interest rates, often insulting Powell while doing so.
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