Some investors have staked out positions in futures markets that will profit if interest rates drop immediately after Jerome ...

While it’s an unlikely outcome, some investors have staked out positions in futures markets that will profit if interest rates drop immediately after Jerome Powell’s term as chair ends in May 2026.

At its last meeting, the Federal Reserve kept its benchmark interest rate in a range of 4.25% to 4.5%. That's too high for President Donald Trump, whose latest jawboning of the central bank came ...

At 05:35 ET (09:35 GMT), the Dow Jones Industrial Average gained 200 points, or 0.5%, the S&P 500 index rose 30 points, or ...

White House economic adviser Kevin Hassett is emerging as a leading candidate to become the next chair of the US Federal Reserve, signalling a potential shift in America’s monetary policy leadership ...