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Pressure mounts on Jerome Powell as economist Mohamed El-Erian adds his voice to calls for the Fed chair to step down — but not everyone agrees
Amid pressure from the president, Mohamed El-Erian called on Federal Reserve chair Jerome Powell to call it quits — becoming one of the first mainstream economic voices to suggest Powell voluntarily ... Read More
Powell in the spotlight: Investors hold back ahead of US rate cut
Markets open cautiously on Monday, with investors holding back ahead of a decisive week for global monetary policy. Read More
The Fed faces economic uncertainty and political pressure as it decides whether to cut rates
The Federal Reserve is facing economic uncertainty and political pressure as it meets this week to decide whether to cut interest rates ... Read More
Fed Chair Jerome Powell faces delicate balancing act in Jackson Hole speech on Friday

Jerome Powell will address the state of the U.S. economy — and perhaps offer hints about interest rates — in a closely watched speech on Friday. Read More
Powell Plans U-Turn on an Economic Strategy That Soured

WSJ’s Meridith McGraw breaks down the awkward exchange between President Trump and Fed Chair Jerome Powell, following weeks of Trump steadily badgering the Fed leader. Photo: Kent Nishimura/Reuters ... Read More
Powell opens door to potential rate cut in speech highlighting rising economic risks

Stocks surged on the remarks as investors anticipated the Fed was now more likely to lower its key borrowing rate at its next meeting in September. Read More
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